"Mr O'Leary claimed that the DAA says its costs are rising and will then seek permission to levy higher passenger charges in coming years, despite having agreed to the payoff. "My biggest beef with it is that we - the airlines and the customers at Dublin Airport - should not be asked to pay an extra €1.2m in costs because the board of the DAA are having a row with Kenny Jacobs," said Mr O'Leary."
"Mr Jacobs is embroiled in a boardroom battle with the DAA that could see him leave his role in January with the payoff. It would represent about three years' pay for the CEO, who is almost three years into a seven-year term. However, the agreement still needs to be approved by Transport Minister Darragh O'Brien and Minister for Public Expenditure, Jack Chambers."
Kenny Jacobs, DAA chief executive, could receive a payoff amid a boardroom dispute, potentially leaving in January. The proposed payoff would amount to about three years' salary and requires approval from the Transport Minister and the Minister for Public Expenditure. Concerns were raised that rising DAA costs could lead to higher passenger charges and an extra €1.2m being passed to airlines and customers due to the board dispute. Criticisms were made about inconsistent planning submissions described as "all over the place", while the DAA asserts it uses robust procedures and experienced planning, environmental and legal consultants to meet planning system requirements.
Read at Irish Independent
Unable to calculate read time
Collection
[
|
...
]