Government to keep ‘golden share’ in Shannon Airport

Transport Minister Leo Varadkar said the Government will retain a golden share in Shannon Airport to ensure there is no risk or concern of closure at any stage.

Mr Varadkar was responding to concerns of Fianna Fáil transport spokesman Timmy Dooley that an independent Shannon Airport, run by local interests, will ultimately result in its closure.

Mr Varadkar said: “I am not willing to do anything that I do not believe in my heart will be a success. The whole point of the process is to make a success of an airport which has been in decline for some time. Whatever happens I assure anyone with concerns that the airport will stay open.