So the negotiations are starting then..............interesting
Dublin an airport with 1.2 billion in debt with less than 20 million passengers a year
Cork spent €200 million on an airport with less than 3 million passengers...
FR spends €350-500 million on the terminal makes sense because in effect instead of the money being used to line DAA pockets it pays off the loans used to buy it.
No idea how much FR pay DAA in fees per year and other charges but reckon it would pay back in 7 years or less for FR.
FR aren't to blame for DAA mismanagement and as for the cost of T2 well the write off of previous investment brings the cost close to €1.2 billion.