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Tag Archives: Dubliln Airport Authority

Aer Rianta International – ‘the greatest con job’

“THE greatest con job of all time” is how Liam Skelly describes the decision to leave Aer Rianta International (ARI) with the Dublin Airport Authority (DAA) as part of the process that preceded Shannon becoming an independent airport. A Tipperary man domiciled in Scariff, the former airport director says Shannon, and indeed Cork, were plundered with hundreds of millions going unfairly to the capital, even leaving aside what happened with ARI. “According to EU and Irish accounting law if you want to separate a bit of your business from the main business, the main business must have indistribuble assets, which is money, of what has been taken away. The Minister said we’re taking Shannon away first, the asset value of Shannon is 70 million so Aer Rianta must be left with 70 million in cash. How do you get that? You sell assets, other assets. As regards Cork, because there was a new terminal, they said Cork’s asset value was …

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