Kenny awaits Knock Airport audit results ahead of bailout

Kenny awaits Knock Airport audit results ahead of bailout

Taoiseach Enda Kenny is awaiting the results of an audit into the planned €7 million bailout of Ireland West Airport Knock to free it of debt.

Deloitte is carrying out a due diligence exercise on the books of the airport, which is hoping to offload its debt to six local councils in return for a 17.5 per cent stake in its operations. These councils include Mayo county council, as well as councils in Galway, Sligo, Donegal,...

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