Government have announced OPEX funding scheme for regional airports will be extended for 10 years, giving them certainty for planning and investment (subject to EU rules). New regional aviation policy is being drawn up which will require regionals to become sustainable in that period. No details yet but it does sound like the recommendations and business case in the IWAK report have been adopted.
Coupled with travel tax cut, and reasonable capital investment package this should ensure further growth and a secure future for Knock.
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