Great news on growth and success of new European routes, UK numbers may be slightly skewed by the previous years ash disturbance for some months. Hopefully increased frequency on London routes offsets the other decreases over the winter season.
Article on 2010 financials in today's Irish Times:
Accounts just filed at the Companies Office show the company behind the airport – Connaught Airport Development Ltd – recorded a pretax profit of €293,960. That was down 48 per cent on 2009, with directors attributing much of the reduction on the impact of the ash cloud which impacted on Irish airspace. Without the Department of Transport grant of €760,948 the operation would have recorded a pretax loss of €466,988 despite a fractional increase in revenues last year to €10.3 million from €10.1 million a year earlier... On the company’s revenues for 2010, the directors say that although both aviation and commercial income incurred a significant decrease, an increase in fuel sales helped offset the shortfall.
Irish Timesl
I'd imagine the significant cost cutting highlighted earlier this year coupled with increased fuel and pax revenues will improve the 2011 figures. But loss of PSO revenue and reduced OPEX have to be factored in, not leaving much scope for planned capital developments.