Report to recommend sell-off of Dublin, Cork and Shannon airports

THE sell-off of the state airports at Dublin, Cork and Shannon is expected to be one of the more controversial recommendations contained in a new report due to be presented to the Government later this week.

The Review Group on State Assets, chaired by economist Colm McCarthy, is understood to come out in favour of the sale of the three airports controlled by the Dublin Airport Authority (DAA).

However, it is believed the report, which is expected to come before the Cabinet at its weekly meeting tomorrow, does not recommend the immediate privatisation of the country’s three main airports because of the DAA’s current debt of €750 million.