Kerry Airport to book €306,000 loss on unusual market investment          

File photo of Kerry Airport.

Kerry Airport will book a loss of almost €306,000 on an unusual €1.5m investment it said it took on shares and other assets which disastrously soured when markets crashed at the onset of the Covid-19 crisis, the Irish Examiner has learned.

It came on the day that Kerry Airport moved to lay off around half its 50 full-time staff on a temporary basis as it scrambled to stem further significant losses from the fallout of the Covid crisis.