Oireachtas Joint and Select Committees

Wednesday, 16 November 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh

Mr. Willie Walsh:

Exactly. The most profitable ten-year period in the history of the industry was 2010 to 2019. A profit was made every year, but the margin was 5.5%. The industry did not return its costs of capital during a number of those years.

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