Oireachtas Joint and Select Committees

Wednesday, 5 December 2012

Joint Oireachtas Committee on Transport and Communications

Ireland West Airport Knock: Discussion

10:15 am

Mr. Joe Gilmore:

We were asked about viability based on 700,000 passengers. Mr. Scollan has dealt with how we can get to 1 million passengers initially and then 1.5 million. We charge users of the airport a fee of €10. This is effectively a development fee, which has been in place for the past 20 years. We are the only airport on the island that has such a charge. In this way we are self-funding the airport, and at 700,000, our passenger numbers continue to grow despite the penalisation, as one could argue, of people who use this airport compared to the State-funded airports. However, they continue to vote with their feet; 700,000 passengers will use the airport this year. That is a great endorsement of our business model. On that basis we are confident we could grow and sustain the airport. Reaching break-even depends on many factors, but if we could get close to 1 million passengers, we believe we could get there.

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