Six Irish airports are to receive a pay out of €23 million to compensate them for some of the damage caused by the coronavirus pandemic.
Over €23 million in direct Exchequer supports will go to the airports of Dublin, Cork, Shannon, Knock, Kerry and Donegal.
Almost €18 million of the funding will go to Dublin Airport alone, while Knock will receive almost €2 million and Cork will receive €1.4 million.
Both Shannon and Kerry airports will receive around €900,000, while Donegal airport will receive €142,000.
This important funding is being provided ahead of a return to international travel on July 19th
Minister of State at the Department of Transport, Hildegarde Naughton, said the funding was allocated on a pro-rata basis with reference to passenger numbers in 2019.
“I am pleased to be in a position to announce a total of €20m in funding to our State airports – Dublin, Cork and Shannon.The funding has been allocated on a pro-rata basis with reference to passenger numbers in 2019,” she said.
“This important funding is being provided ahead of a return to international travel on July 19th. I am hopeful that this funding will go some way towards aiding the recovery process in the aviation sector.
“As travel restrictions begin to lift, I am also hopeful that this funding may assist in restoring connectivity by affording our State airports greater flexibility in their capacity to offer route incentives, in consultation with airlines.”
She added: “Shannon and Cork airports are also eligible for funding under the Covid-19 Regional State Airports Programme, with a total budget of over €32 million in 2021.
“In fact, earlier this week, as part of this Programme, I announced €10 million in Exchequer funding for a significant runway reconstruction project at Cork Airport.
“In relation to our regional airports, Ireland West (Knock), Kerry and Donegal, I am delighted to announce the provision of almost €3 million in direct grant funding to these airports in recognition of the impact of Covid-19 on their business.
“These airports are also eligible for capital and operational funding under the Regional Airports Programme 2021-2025.”