400 people to lose jobs at airport authority

AT least 400 people are to lose their jobs at Cork, Shannon and Dublin airports as the Dublin Airport Authority tries to plug a €70 million shortfall in its finances.

The business employs 2,665 full-time staff in the three airports, including approximately 350 in Cork and 280 in Shannon, as well as a further 572 in its international operations.

All of those staff received letters yesterday morning telling them that the company is in financial difficulty and will not be able to continue its payroll if the shortfall is not addressed.