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Old 18th Nov 2008, 18:18
  #1371 (permalink)  
en2r
 
Join Date: Jul 2006
Location: Cork, Ireland
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Correct decision too, as ORK and SNN cant pay their own way.
Cork is a profitable airport. It has made profits of €25 million over the past 2 years. However because of the grossly unfair distribution of Aer Rianta assets (where the DAA basically got everything) and being forced to pay for the far too expensive terminal the DAA designed and built, ORK would only probably be breakeven for the next few years. Thats not to say that it couldn't pay its own way. SNN is a different story entirely.
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