Cork Airport debt row takes new twist

THE Dublin Airport Authority (DAA) has warned the proposed separation of Cork and Shannon could be jeopardised unless it is allowed to increase airport charges.

Even then, Cork could have to wait years for independence unless it agrees to shoulder the cost of its €160 million new terminal.

The DAA, which replaced Aer Rianta as the State company overseeing Dublin, Cork and Shannon, yesterday unveiled profits of €50 million for 2005 an increase of 61% on the previous year's €31m figure.