€40 million bailout The bill to fix Knock Airport

€40 million bailout The bill to fix Knock Airport
Knock Airport, Mayo, is crippled by debt and needs upgrading

Airport capital funding plan sent to the European Commission to check state-aid rules compliance

A state bailout package of almost €40 million is needed to save Knock Airport, according to a new report.

The privately-owned airport is currently hampered by crippling debt and also needs a long-term investment package to upgrade its runway and passenger facilities.

With the general election approaching, Taoiseach Enda Kenny is under huge local pressure to secure the Mayo airport’s long-term future.

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