Dublin Airport North Runway opens: part two – daa finances improving, but more investment necessary
It was 15 years ago that a second runway was approved for Ireland’s Dublin Airport, the main gateway into and out the country and hub for trans Atlantic travel; but it only opened at the end of Aug-2022. The runway will help the local economy by facilitating tourism, but its main job is to attract long haul airlines, mainly on non-trans Atlantic routes, both passenger and freight.
Paying for it will mean airline charges increasing, but not until 2026. Before then charges are to be capped, and will only increase contingent on operator, daa, providing more modern infrastructure.
It seems that a third terminal, an announcement on which was delayed by an election and then the COVID-19 pandemic, may be needed sooner than was expected. Meanwhile, a light rail project running north-south through Dublin, with an airport station, has been approved.
Collectively, these projects should help Dublin retain its cachet as a principal west European gateway, punching well above the weight of the small nation it represents.
This is part two of a two-part report.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.