Ireland DAA’s operating and net profits tumble as it faces ‘a very difficult financial situation’

Ireland’s Dublin Airport Authority, operator of the Dublin, Shannon and Cork airports, saw its operating profit, EBITDA and, especially, net profit all slashed in the financial year ended 31-Dec-08. After years of solid and sometimes spectacular growth that made it the fourth busiest in the British Isles and pushing London Stansted hard for third spot, Dublin Airport’s passenger numbers were stagnant and DAA predicts that if present trends continue it will be loss making for at least the next two years. The Celtic Tiger has lost its roar and it will be a long time before it gets its voice back.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,531 words.
Become a CAPA Member

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 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.