On Air Now

11 to 3 with John Dunne

11:00am - 3:00pm

Now Playing

Mary J Blige

Family Affair

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

Stock image: Shutterstock

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

 

 

More from Local News

Stay tuned to Kfm!

Get the Kfm Apps for you phone, tablet or smart speaker...

Kfm Kildare Weather

  • Thu

    Heavy Rain

    9°C

  • Fri

    Light rain shower

    11°C

  • Sat

    Sunny intervals

    11°C

  • Sun

    Sunny intervals

    12°C

  • Mon

    Sunny intervals

    11°C