Government promotes growth in aviation industry

20/02/2013

Measures introduced in the Finance Bill 2013 will benefit jobs and growth at Dublin Airport, according to Fine Gael TD for Dublin Fingal Alan Farrell who has commented on the Bill as it passes through the Dáil this week.

“As part of the Finance Bill, Minister for Finance Michael Noonan T.D has introduced two provisions that will benefit the aviation sector, and is good new for Dublin Airport.  There will be an increase in tax allowances for facilities and an acceleration of investment schemes for maintenance and repair operations in order to incentivise this sector to invest in construction or refurbishment and therefore stimulate job creation.

“All measures included in this Bill have a targeted focus for job creation and I am pleased that the Minister has recognised the importance of our aviation industry within this category.  For every one job created in Dublin Airport, four jobs are created in the region as a direct result and this quantifies the value of investment in this sector for Dublin Fingal.

“I would also like to welcome the continued opposition from government of the proposed Ryanair bid to take over Aer Lingus.  As things currently stand, while there has been no official statement made, it is understood that the European Commission have conveyed their decision to Ryanair that they will be supporting our government on this matter.

“Their decision, along with that of the government, is good news for Aer Lingus, its employees and for consumers.

“I very much welcome the fact that government is supporting Dublin Airport and its related services, and it is a clear indication that there is recognition of the vital role played by this sector in job creation for Dublin Fingal and beyond.”