Ryanair Welcomes DAA Chairman's Resignation

RNS Number : 6156G
Ryanair Holdings PLC
13 May 2011
 



RYANAIR WELCOMES DAA CHAIRMAN'S RESIGNATION

 

CALLS ON FAT CAT COLLIER TO GO TO

 

Ryanair today (13th May) welcomed the resignation of the Chairman of the DAA Airport Monopoly David Dilger.  Mr Dilger has presided over the waste of €1.2bn on Dublin Airport's unnecessary T2 white elephant and record traffic collapses at Cork, Dublin, and Shannon Airports from 30m passengers in 2008 to just over 20m in 2010. 

 

Ryanair also called today for the rest of the failed Board of the DAA Airport Monopoly to resign given their responsibility for the traffic collapse and losses at the DAA's 3 airports over the past three years.  These resignations should include DAA 'Fat Cat' Boss, Declan Collier, who was paid over €600,000 in 2010 despite record traffic losses and financial losses, while also receiving some €40,000 as a 'public interest' Director of AIB.

 

A spokesman for Ryanair said:

 

"Mr Dilger will be no loss to Irish tourism, and the sooner the rest of the failed DAA Board resign, and are replaced with people committed to traffic and tourism growth rather than building white elephant facilities, the better it will be for Irish aviation, tourism and jobs."

 

 

Stephen McNamara                            Joe Carmody

Ryanair Ltd                                            Edelman

Tel: +353-1-8121212                          Tel. +353-1-6789333

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCSFIFWDFFSEEI
UK 100

Latest directors dealings