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Privatising Shannon Airport would be ruinous-Mayor of Clare

first_imgPrint Email WhatsApp Twitter NewsLocal NewsPrivatising Shannon Airport would be ruinous-Mayor of ClareBy admin – November 21, 2011 510 Advertisementcenter_img Linkedin Facebook A private operator take-over would be focused on profits and not the strategic interest of the region.PRIVATISING Shannon Airport would be ruinous, not just for the airport, but for the region, according to the Mayor of Clare.Mayor Pat Hayes said that under no circumstances should a private operator be allowed to step in.Sign up for the weekly Limerick Post newsletter Sign Up Minister for Transport Leo Varadkar appointed international consultants Booz and Company to carry out a study on future options for Shannon and Cork airports.But Mayor Hayes said that a private operator take-over would be solely focused on profits and not the strategic interest of the region.“The reality is that a private operator would opt for a lower number of services if that’s what delivers higher profits – the bottom line is all that would matter.“My concern is that, based on his comments so far, the Minister is only focused on making the airport profitable”.Mayor Hayes said that the privatisation of Aer Lingus is an example of the damage that could be caused in this kind of take-over, as the move had resulted in the loss of the Shannon/Heathrow route.“That was a calculated move by the airline to develop a base in Belfast in the misguided belief it would be more successful than Shannon.“They abandoned Shannon in pursuit of greater profits and it caused huge damage to us here. “That’s what we would be exposed to under private ownership, whether through full privatisation or a concession/lease option”.The Mayor believes that the airport must remain in State ownership and that a solution to its current difficulties lies in marketing of the region by tourism industries.“The recent ‘New Directions’ report by the Irish Tourist Industry Confederation showed that seven out of every 10 overseas holiday visitors to the West currently arrive via an east-coast airport or port.“That’s startling and shows to me that tourism agencies are marketing the east coast as the access point for the West and not Shannon, which from a tourism perspective is outlandish and from a Shannon Airport perspective even worse”. Previous articleCall to change car registration to reflect home countyNext articleHave your sporting say and win adminlast_img read more

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Buyers are still hunting for properties

first_imgIN  ALL my decades of real estate, I’ve never seen the challenges of the past month, writes REIQ Townsville Zone chairman Wayne Nicholson. The REIQ was here last week to host some special forums to help the real estate profession take the all-important next steps as we recover from this disaster. It was good to hear directly from people affected and learn straight from the horse’s mouth what the biggest issues are and what they need from us by way of help and support. As incredible as it is to believe, parts of the city are still functioning and the real estate market is still operating. There are properties on the market and there are still buyers looking for a home. Of course, the flood is going to have a massive impact but it’s important to get back to business as usual as quickly as possible. I was recently in the Bunnings nursery pondering the best ground cover to use in my garden when a couple walked past me. The gent stopped and said to me: “Because presentation is everything, eh?! I read your articles”. Firstly, I want thank him and, secondly, it got me to thinking about these columns. More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020If you have a topic you would like to discuss concerning the real estate industry please send it to me via email at: [email protected] with the subject line: “REIQ food for thought” and I will endeavour to answer you. I am not a property lawyer and I can’t answer legal questions but if it’s a general real estate topic, I’ll be able to help. All REIQ member agents are available to the public to discuss any real estate needs at any time and provide a service if required.Do not hesitate to contact an agent for advice on real estate matters and be prepared for the agent to refer you to a solicitor if the matter is a legal question. Finally, I’d like to offer some thoughts about the real estate market in the months and years ahead. The REIQ has data that indicates that while we will have a short-term struggle in some areas, in the next year, two years and five years, we’ll very quickly get back on track. Additionally, there will be a lot of support coming our way from the government and we’ll amaze the rest of the state and the country with how well we recover and how fast.Let’s get to it, Townsville.last_img read more

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