Irelands first national aviation policy has been launched today which promises a commitment to retain state ownership and management of Cork, Dublin and Shannon airports.
The policy proposes that the state retain ownership of its three main airports – Dublin, Shannon and Cork; develop regional airports and that they employ strategies to connect with new emerging markets to ensure the viability of the scheme.
The policy also commits to an independent review of the regulatory regime for airport charges.
This new policy has been in development for over three years following submissions from aviation and economic stakeholders.
It is reported that the aviation industry in Ireland employs 26,000 people directly and contributes €4 billion each year to the economy.
Minister for Transport Paschal Donohoe, who launched the scheme this morning has said that the policy is needed to aid the economic growth of the country.
He also stated that if Dublin Airport continues to grow, a second, parallel runway would have to be built to accommodate air traffic into and out of the airport, which is a hub of travel between the US and the EU.
The policy also intends to clarify the role of each airport in the national aviation network and intends to gain new routes into and out of Dublin.