Airport’s €2.3bn revamp at risk if passenger charges are cut

Airport’s €2.3bn revamp at risk if passenger charges are cut
Dublin Airport: its planned expansion is now in doubt Pic: Getty

Revenues from passenger charges and commercial activities would be insufficient to meet the cost of the huge investment plan at Dublin Airport between 2020 and 2024, according to the credit ratings agency Fitch

Dublin Airport’s €2.3 billion expansion plan could be at risk if the aviation regulator presses ahead with reducing airport passenger charges.

The company’s revenues from passenger charges and commercial activities would be insufficient to meet the cost of the huge investment plan between 2020 and 2024, according to the credit ratings agency Fitch, which lowered its outlook in the DAA’s debt from ‘positive’ to ‘stable’ last week.

The Commission for Aviation Regulation (CAR) is proposing...

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