Sunday 15 September 2019

New runway for Dublin should be a priority - FF

Stock photo: Deposit Photos
Stock photo: Deposit Photos Newsdesk Newsdesk

A second runway for Dublin Airport should be prioritised as part of the response to Brexit, Fianna Fáil has said.

The main Opposition party believes the Government has done little to protect against the threat to the aviation sector.

"It is no exaggeration to say that the future of Ireland's aviation sector hinges on the retention of existing rights to UK aerospace," a new policy paper stated.

Transport spokesman Robert Troy said "a sudden economic shock" could hit the entire sector unless the status quo was retained.

Fears have been expressed that thousands of flights could be grounded if the current 'open skies' arrangement is not maintained.

Mr Troy wants this formalised at least a year before Brexit in March 2019.

Ireland is a key player in the global aviation leasing sector, with assets worth €113bn listed here. It is estimated 50pc of the world's leased commercial aircraft are managed from Ireland.

Irish Independent

Also in Business