09/06/2011

No Funding For Galway Or Sligo Airports

Minister for Transport, Tourism and Sport has today announced additional funding for regional airports for this year, and said financial support will continue to be available until the end of the year.

Minister Leo Varadkar also confirmed that from next year, the Government will only be in a position to support the four regional airports at Donegal, Knock Ireland West, Kerry and Waterford. The Government will not be able to provide operational or capital funding to Galway or Sligo airports.

The Government decided today to provide €5.9 million in additional funding to regional airports for 2011, and to continue financial support until the end of the year, reversing a decision by the last Government. This €5.9 million comes on top of the €13.4 million already allocated to regional airports for this year by the last government.

The Minister urged Galway and Sligo airports to use the opportunity provided by the additional funding to engage with various parties, including business interests, investors and local authorities, in order to secure their ongoing viability in some form.

Minister Varadkar explained: “When I took office, I discovered that the last Government had left us with just €600,000 for operational funding at all six regional airports. This was in spite of a disingenuous election pledge from Fianna Fáil to fund all of the airports for the whole of 2011, without allocating the necessary funding.

“The Government has now reversed that decision and is providing funding for all six regional airports, for operational purposes, for the whole of 2011. All the regional airports must use this period to prepare realistic business plans for the future, as funding cannot be maintained at current levels.”

He continued: “The right thing to do is support the most viable airports, where there is also a clear geographical need for their services. Otherwise there won’t be enough funding to support any of the airports in a meaningful way. As a result, the Government has decided that operational and capital funding will only be provided to four of the six regional airports from next year: Donegal, Knock Ireland West, Kerry and Waterford.”

The Minister said this decision is necessary to make best use of scarce Exchequer resources, and to ensure the efficient use of taxpayers’ money. The aim is to ensure that Ireland has a sufficient network of regional airports, while taking into account significant improvements in road networks, shorter journey times by road and rail, and the collapse in passengers flying domestically.

(BMcN/GK)

Related Northern Ireland Business News Stories
Click here for the latest headlines.

25 February 2005
Regional air passenger numbers double, CAA reports
A report by the Civil Aviation Authority (CAA) has found that passenger numbers at UK regional airports have more than doubled since 1990. The CAA found that in Bristol, Liverpool and Nottingham, international scheduled passenger numbers rose by more than ten-fold.
06 March 2020
Tourism Fears As New Deals Sought For Belfast City Airport
As the dust settles on the tarmac at George Best Belfast City Airport, fears over its future and the prosperity of local tourism remain after Flybe ceased operations on Thursday.
26 August 2011
Minister Pledges Backing For Derry Rail Line
The future of the picturesque rail link along the North Coast to Londonderry from Coleraine has again been assured. The NI Regional Development Minister Danny Kennedy has visited Londonderry to reassure people in the North West of his commitment to the rail line.
16 July 2012
Foster Signs Up To Stronger Business Links With Kurdistan
Enterprise Minister Arlene Foster has today signed a Memorandum of Understanding (MOU) with the Kurdistan Regional Government, which will strengthen trade links and define areas of co-operation between the two countries.
05 January 2018
Regional Food Programme Funding Applications Now Open
The new Northern Ireland Regional Food Programme (NIRFP), which is a DAERA-funded programme to help raise the profile of quality regional food, has opened for applications. The 2018/19 funding programme within the food and drink sector encourages collaboration between all sectors and representative bodies within the local food industry.