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daa tells Oireachtas Transport Committee it owes €815m



The CEO of airport operator daa has told the Oireachtas Transport Committee that it owes €815 million after incurring debts of €1 million a day during the Covid-19 pandemic.

However Kenny Jacobs said that business is good and the daa hit €1 billion in revenue this year.

He said there has been a huge improvement in customer satisfaction, with 95% satisfaction in Cork and 85% in Dublin – up significantly recently.

Mr Jacobs said they are hoping to expand Dublin Airport to 40 million passengers, having applied to extend the passenger cap which currently stands at 32 million annually.

He said the 32 million passenger cap is a huge concern, and that it is too early to say if they will breach it.

“Ironically the potential Aer Lingus strikes will help with that compliance, cause it could take out a chunk of passengers in the summer depending on what shapes the strikes take,” Mr Jacobs said.



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