Shannon Group swings into profit as air travel recovers

The best performing sector was the group’s property arm which recorded revenues of €13.6m — outstripping its pre-Covid-19 2019 revenues of €13.4m.

The Shannon Group includes the airport which has seen passenger numbers increase following the lifting of Covid-19 restrictions. File Picture: Eamon Ward

The Shannon Group last year recorded aeronautical and related revenues of €7.3m — down 58% on its pre-Covid aeronautical revenues.

That is according to the 2021 annual report for the Shannon Group which details the impact Covid-19 had on the business of the airport last year.