Dublin Airport Authority

From Wikipedia, the free encyclopedia
  (Redirected from Aer Rianta)
Jump to: navigation, search
Dublin Airport Authority plc
Type Public
Founded 1937 (as Aer Rianta Teoranta)
Headquarters Dublin Airport,
Fingal,
Ireland
Dublin Airport Authority building at Dublin Airport

Dublin Airport Authority plc (DAA) (Irish: Údaras Aerfort Bhaile Átha Cliath cpt) is the state-owned airport authority in Ireland. With a head office on the grounds of Dublin Airport in Fingal, County Dublin,[1] the authority also owned the Great Southern Hotels which had nine sites throughout the island of Ireland (until its sale in 2006) and international investments are held by Aer Rianta International. The authority runs Dublin Airport and controls the Cork Airport Authority. The DAA used to control Shannon Airport but Shannon Airport became a publicly owned commercial airport on 31 December 2012.

History[edit]

Aer Rianta[edit]

Aer Rianta was founded in 1937 as Aer Rianta Teoranta and the name is derived from the Irish language for "air ways" or "air tracks"; Teoranta is the Irish word for Limited. Aer Rianta was to serve as a holding company for the national airline and to promote aviation generally.

In 1947, Aer Rianta started the durty-free shop concept in the Shannon Airport and are credited with the invention of duty-free shops in airports.[2] Aer Rianta was the principal shareholder of Aer Lingus during the airline's early days, until 1966. Aer Rianta had control of Dublin Airport from its start although this was not formally or legally recognised until the passage of the Air Navigation and Transport Act of 1950. During the 1950s and 1960s, the Airport Manager at Dublin Airport, who was officially an employee of Aer Rianta, was also part of the Aer Lingus management team and reported to the Assistant General Manager of that company. In 1954, Prof. Patrick Lynch was appointed chairman of Aer Rianta at the young age of 38, taking on the task of turning the £60,000 deficit of the companies into a profit. He was chairman for 21 years to 1975, and retired from that position at his own request to the Government of the day.[3] It was during this time that the Department of Transport and Power turned its attention to the long-term organisation of the three state airports. Due to the increasing complexity and costs associated with managing airports, and also due in no small part to the growth of non-aviation services (most notably duty-free sales), the need was felt in Ireland to establish one independent operation to manage Ireland's airports.

In 1966, the passage of the Air Companies Act enabled the transfer of Aer Lingus shares to the Minister of Finance, and separate boards were appointed to each company. A general manager of Aer Rianta was appointed in 1968. On 1 April 1969, Cork and Shannon airports became the responsibility of the company.

In 1988, Aer Rianta International was created to pursue international potential to the company's growth not related to Irish airport management – for example, opening Russia's first duty free in Moscow in 1988. In 1998, Aer Rianta Teoranta became Aer Rianta cpt and kept this name until 2004.

Dublin Airport Authority[edit]

In 2004, the Oireachtas passed the State Airports Act, 2004. This renamed Aer Rianta cpt as Dublin Airport Authority plc, and established Shannon Airport Authority plc and Cork Airport Authority plc. The three new authorities have power to formulate business plans for their respective airports, however they will not take charge of running the airports until further date to be determined by the Minister for Transport, which by law would not be before 1 May 2005. As of 2008 this had yet to take place. Significant outstanding issues to be resolved include competitiveness and debit restructuring.

The company also retains its significant shareholdings in foreign airports such as Düsseldorf and Larnaca, through its wholly owned subsidiary, Aer Rianta International, which still retains the Aer Rianta name.

The State Airports Act was heavily criticised by Noel Hanlon, the outgoing chairman of Aer Rianta, and by the company's unions, who believed it a precursor to privatisation. No act to privatise Dublin Airport Authority or any of the airports has been passed however.

The current chairman of Dublin Airport Authority is Pádraig Ó Ríordáin.

In July 2013, the Dublin Airport Authority was officially renamed daa by the Irish Government. The rename was principally to remove the "Dublin" and "Authority" elements of the name which were seen to have little relevance to the overall functions of the daa, namely the management of more than just Dublin Airport and its responsibility to grow the airports in Ireland rather than just manage them. According to the daa, the new name will have positive associations with the general public and the aviation industry, while continuing to promote its key business components, namely Dublin and Cork Airports, Aer Rianta retail operations and the new subsidiary which focuses on airport transaction processing and consultations.[4]

Great Southern Hotels[edit]

In 1990, the nine Great Southern Hotels were purchased from Córas Iompair Éireann, including Derry, Northern Ireland.

In 2006, the Authority sold the nine Great Southern Hotels by trade sale, with the three airport hotels becoming CG Hotels, the Galway hotels being sold to Monogram Hotels, the Rosslare one becoming the St Helen's Hotel, and the Derry one becoming the City Hotel. CG Hotels later signed a management contract with Rezidor Hotel Group leading to both the Dublin and Cork hotels being rebranded Radisson SAS. The Shannon hotel became a Park Inn.

board of directors of the DAA[edit]

The DAA has a 13 person board of directors. Pádraig Ó Ríordáin was appointed chairman in January 2012. Pádraig is a Corporate Partner in Arthur Cox, the leading Irish law firm, where he served as managing partner from 2003 to 2011. In 2009, he was named European Managing Partner of the Year and, in 2012, was awarded the Lifetime Achievement Award by the Managing Partners' Forum. He studied law in the National University of Ireland and Harvard Law School and has practised in New York and Dublin. He is a non-executive director of Paddy Power and of TVC Holdings.[5] Pádraig sits on the Insolvency Law Advisory Group to the European Commission.

Besides chairman Ó Ríordáin some other members of the board of directors are:

  • Colm McCarthy is a lecturer in economics at University College Dublin. He previously worked at the Central Bank, the Economic and Social Research Institute (ESRI) and with DKM Economic Consultants. He also chaired the Irish government’s Review Group on State Assets and Liabilities.
  • Mary McCabe is since December 2008 another appointee via the Worker Participation Act (WPA).
  • Barry Nevin is the 3rd member of the BoD for DAA via the WPA. Since 1990 he has been a member of Airport Police Fire Service stationed in Dublin Airport.
  • Gerry Walsh is as chairman of the Cork Airport Authority member of the DAA BoD.
  • John Lynch heads the Europe and African marketing operations at aircraft leasing company BBAM and is managing director at its Zurich office
  • Niall Greene is Chair of the Health, Safety, Security & Environment Committee
  • Patricia King is Vice-President of the trade union SIPTU
  • Conor Swords serves on the Aviation Divisional Committee and the Irish Congress of Trade Union Worker Directors' Group
  • Kevin Toland is the current chief executive of the DAA and was appointed in January 2013
  • Paul Schutz was a former chief executive of Aer Arann

Besides these named members, the other members of the BoD have been appointed because of their knowledge of the airlines-business, senior politician, or appointed for another reason.[6]

Airports[edit]

Cork Airport[edit]

  • Cork Airport is Ireland's second biggest airport.
  • Handled 2.3m passengers in 2012.[7]
  • Following recent announcements, in total 15 new routes have been launched from Cork by Aer Lingus[8] and Ryanair[9] Passenger numbers are believed to continue to decline although to a lesser extent from 2009.

Dublin Airport[edit]

  • Dublin Airport is Ireland's biggest airport.
  • Handled 19.1m passengers in 2012.[7]
  • The Airport is a global hub for US, European and International traffic, The slump in Air Travel has hit Dublin hard like many European airports, Figures fell by 12.6% from the high of 23.5 million passengers in 2008. It is expected that passenger numbers will continue to decline in 2010.

Shannon Airport[edit]

Shannon Airport became a publicly owned commercial airport at 11:59 pm on 31 December 2012.

Notes[edit]

  1. ^ "Contact Us." Dublin Airport Authority. Retrieved on 7 July 2010.
  2. ^ Chevalier, Michel (2012). Luxury Brand Management. Singapore: John Wiley & Sons. ISBN 978-1-118-17176-9. 
  3. ^ Patrick Lynch
  4. ^ Dublin Airport Authority Renamed
  5. ^ DAA Annual Report 2012
  6. ^ DAA website Board of Directors, visited 29 April 2011
  7. ^ a b c Passenger Numbers at Irish Airports.
  8. ^ AER LINGUS LAUNCH BIGGEST SUMMER PROGRAMME EVER FROM CORK FOR SUMMER 2010.
  9. ^ RYANAIR LAUNCH 7 NEW ROUTES FROM CORK FOR SUMMER 2010.

External links[edit]