Irish airports in a mess

By Administrator |

While the future of Aer Rianta International is now secure under the umbrella of the Dublin Airport Authority, the same cannot be said for the regional airport of Cork where the Irish Government appears to

have done a complete U-turn.
When the Government announced the break up of Aer Rianta in 2003, the then Transport Minister Seamus Brennan promised that the airport authorities in Shannon and Cork would start independent operations debt free.
But it now looks as though Cork Airport Authority will be required to repay half the debt for its new E160m terminal which is due to open on May 10 this year.
If this is the case, then it will cripple the small airport which will be forced to increase its charges to both airlines and passengers. In Brennan?s original plan, Dublin Airport was to have taken on the debt of Cork Airport.

News in Brief

Saudi Arabia adopts duty free arrivals exemptions

Zakat, Tax and Customs Authority (ZATCA) of Saudi Arabia, has adopted exemption requirements...

International

OUT NOW: June/July issue + Top 10 Airports

The TRBusiness June/July 2024 edition, featuring the Top 10 Airports report, is now available...

The Americas

Avolta expands US presence with 15-year contracts at John Wayne Airport

Avolta is set to grow its presence at John Wayne Airport in Orange County, California, through a...

image description

In the Magazine

TRBusiness Magazine is free to access. Read the latest issue now.

E-mail this link to a friend