IRELAND. The world welcomes a new airport and retail organization today as the Dublin Airport Authority (DAA) begins its first day of trading.
The new body formally replaced its predecessor Aer Rianta at midnight last night, the culmination of Transport Minister Seamus Brennan’s controversial break-up of the organization.
The DAA is the first of three proposed independent entities, covering Dublin, Cork and Shannon airports. The DAA will remain in charge of Cork and Shannon airports temporarily until new boards are appointed to run the other facilities and their respective business plans win government approval.
That is unlikely to happen before next May.
The DAA assumes control of the assets, liabilities, contracts and obligations of Aer Rianta – including its international and duty free activities – from today.
MORE STORIES ON THE AER RIANTA BREAK-UP
Controversial Aer Rianta break-up Bill is passed – 15/07/04
Summer break-up for Aer Rianta but no mention of fate of international division – 23/06/04
