Dublin & Cork Airport Owner Lost €284 Million Last Year.

Wednesday, 20 October 2021 09:12

The DAA is appearing before an Oireachtas committee today.

The business that owns and manages Cork and Dublin airports lost 284 million euro in 2020.

That's among the details its incoming chairperson will tell an Oireachtas committee later.

Basil Geoghan will tell politicians the financial future of the group is under threat if airport charges aren't reviewed.

Staffan's Eoghan Corry is Editor of Air and Travel Magazine.

He says 284 million euro will be tricky to recoup because air travel's totally different now:

He adds that the DAA was unhappy with the charging system even when passenger numbers were strong

Dublin Airport can't face third year of enforced below-cost passenger charges, chairman warns https://t.co/N576OriGfS
— Irish Times Business (@IrishTimesBiz) October 20, 2021

More from Local News

Kfm Obituary Announcements (Saturday)

Obituary announcements are broadcast daily at 8am, 10am, 5pm and 1pm
Kfm Obituary Notices

Kfm obituaries notices are broadcast daily following the 8am, 10am, 1pm, 5pm news
Sharp Rise In M9 Collisions With Garda Call-Outs Up Year-On-Year

The figures, provided by An Garda Síochána, show a sharp increase compared to previous years.
Councillor Seeks Clarity On How Often Nightclubs and Late Bars In Naas Are Inspected For Fire Risks

Kildare Fire Service says all venues applying to renew their annual dance licence through the District Court were inspected in advance of the hearings.
Unpaid Eight-Month Work And Training Placement For Adults With Disabilities Branded "Extremely Unfair"

One Kildare mother told Kfm News that their child had been attending structured placements each weekday, typically from around 9:30am to 3pm, and in some cases carrying out tasks for up to two hours at a time - but are not receiving any form of payment.
Department Of Education Defends Kildare SNA Cuts Amid Claims Of Reduced Need At Some Schools

They said there "are many reasons why the level of need for SNA support in schools may fluctuate including falling enrolments, reduced or increased care needs and changing demographics as children move from primary to post-primary schools".
Naas Nurses Threaten Escalation As Staffing Row Deepens

Nurses spoke to Kfm News this week about issues they are dealing with on a daily basis.
Driving Tests Face Disruption As RSA Testers To Strike Next Week

The driving test centre in Naas is the only driving test centre in Kildare and attracts candidates from Kildare, Dublin, Wicklow and Laois.