Shannon workers angry over Harney’s asset transfer plan

SHANNON DEVELOPMENT workers yesterday hit out at Tánaiste Mary Harney’s plans to strip the firm of its assets by transferring the E6.5 million profits from its industrial park to the new airport authority.

The report into Aer Rianta’s break-up has recommended this money be used to clear the airport’s annual losses of E5m. But the Shannon Development’s SIPTU branch believes the proposal would lead to the company’s closure and not deliver a stronger authority.

At an extraordinary general meeting SIPTU workers voted unanimously to reject the proposal to transfer Shannon Development’s industrial free zone assets to the new airport authority.