Cork and Dublin airport operator to deliver €31m shareholder dividend despite rising debt

Meanwhile, Ryanair welcomed the Irish Aviation Authority’s (IAA) regulatory ruling that Dublin Airport’s price increases do not comply with European regulations.

Cork Airport experienced the busiest year in its 62-year history for international passenger traffic. Picture: John Sheehan

Cork and Dublin Airport operator the daa is expected a to pay a €31m shareholder dividend, despite company debt more than doubling pre-pandemic levels.

This planned dividend will be the first delivered by the State-owned company since 2019, before covid precautions disrupted the tourism industry, as the company continues to benefit from ongoing post-covid pent-up travel demand.