The Clare Champion Clare news, sport, entertainment and local notes
By Owen Ryan SHANNON Airport’s recovery has progressed much more quickly than he expected when he moved to separate it from the Dublin Airport Authority (DAA), Transport Minister Leo Varadkar has acknowledged. On a visit to the airport, he said the fact that Shannon had moved into profit in 2013 (it was understood to be losing well over €100,000 a week in 2012) had surprised him. “To be brutally honest, as minister I really didn’t think the airport would manage that in year one. I thought it would have taken maybe three years for that to be done, so that’s one of the areas where we’re ahead of schedule really. It does mean that the airport is in a stronger position now to invest and to do things like build new hangars. Obviously, if you’re making losses you’re eating into your reserves and it’s harder to borrow. If you’re turning a profit, it’s much easier.” Mr Varadkar met with Shannon …
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