Revenues at Kerry Airport drop by €3m

The withdrawal of the Government-financed public service obligation from Kerry Airport has resulted in a 19% decrease in passenger numbers and a €3m fall in revenues.

Due to the withdrawal of the obligation, Kerry Airport lost three flights a day to Dublin, resulting in passenger numbers falling by 72,961 to 310,905 over the year ended Dec 31, 2011. The knock-on effect for the company’s revenues was a loss for the year of €44,803.

Kerry Airport chairman Denis Cregan said issues that arose which were outside of the control of the company had impacted heavily on the airport’s performance.