Varadkar reveals tax incentive model for Shannon Airport

Minister for Transport Leo Varadkar yesterday revealed a tax-incentivised aviation model at Shannon Airport as the most likely model the Government is to pursue for the airport.

Describing the model as “Separation Plus”, Mr Varadkar said that, along with giving Shannon Airport autonomy from the Dublin Airport Authority (DAA), he will propose to Government that an International Financial Services Centre (IFSC)-type model for the aviation industry be established at Shannon.

Speaking at a Shannon Chamber of Commerce event in Shannon yesterday, Mr Varadkar said “it is my aim and intention to do something very exciting and innovative for Shannon that will recapture that early spirit that was there with the pioneers of aviation in this region”.