Business Irish

Monday 5 December 2016

Airports to stay in public ownership, says Varadkar

Published 16/01/2012 | 05:00

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TRANSPORT Minister Leo Varadkar has said "it is intended that Cork and Shannon airports will remain in public ownership", writes Gordon Deegan.

However, Mr Varadkar added: "That is not to say that there cannot be private sector investment and involvement in the airports in a way that is not the case currently."

But uncertainty over the airports' future is likely to continue for a few more months.

Mr Varadkar confirmed that he is to engage with unions and potential investors before making a final decision.

He added that a "memo for decision" would be presented to Cabinet later this year.

Irish Independent

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