IAG boss Willie Walsh: Cork Airport will not go out of business if charges are cut

Willie Walsh, the boss of airline conglomerate IAG, which owns Aer Lingus, said that airports will have to cut charges they levy airlines and that Cork Airport’s financial health will not be harmed if they do so.

His comments come after Cork Airport managing director, Niall McCarthy, said he was “extremely concerned” and that the sustainability of the airport was “fundamentally threatened” by the regulator’s proposals to cut airport charges at Dublin Airport by 22% in the coming years.