Aviation authority sees pre-tax profits of €21m

The Irish Aviation Authority (IAA) last year recorded “a very strong”financial performance with pre-tax profits increasing by 45% to €21.34m.

According to its 2013 annual report, the authority had saw the sharp increase in profits in spite of revenues dropping marginally from €175m to €173.5m.

In his report, IAA chief executive, Eamonn Brennan said that the authority’s financial performance in 2013 was very strong.