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Dublin and Cork Airports See Passenger Growth Amid Rising Costs and Investment

Dublin and Cork airports operator daa reported a positive first half of 2025 with a 4% increase in passenger numbers to 18.6 million, driven by investments in technology and service improvements. Revenues rose by 6% to €536.1 million, while profits after tax decreased slightly by 5% to €77.8 million due to a 10% rise in operating costs to €375.3 million. Passenger volumes at Dublin Airport increased by 2.7% to nearly 17 million, and Cork Airport saw a 14.4% rise to approximately 1.6 million. Despite cost pressures from energy, regulation, construction, and wages, daa maintains that Dublin Airport’s charges remain among the lowest in Europe, which may become unsustainable without regulatory adjustments. The company emphasizes the importance of fair pricing to sustain service quality and infrastructure development, including ongoing infrastructure expansion at Cork Airport. CEO Kenny Jacobs welcomed legislative efforts to remove the cap limiting Dublin Airport’s capacity to 32 million passengers, which has hindered growth. The company’s CFO, Peter Dunne, highlighted strong cash performance with a net debt of €742 million and ongoing investments supported by new financial facilities, including a €288 million EIB loan for sustainability upgrades. Overall, daa’s results reflect resilience amid challenges, with plans for further expansion and improved services at Dublin and Cork airports.

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