June 18 2009
The Dublin Airport Authority (DAA) notes today’s
announcement of a draft determination on passenger charges at Dublin Airport by
the Commission for Aviation Regulation (CAR).
Today’s complex determination by CAR is a draft document.
The DAA will now carefully study the detail of the determination before
responding to the regulator as part of the consultation process in advance of
its final determination later this year.
determination sets the maximum price for 2010 at €8.35 per passenger. The
maximum price will then include a further unspecified amount from the opening of
Terminal 2 to compensate for the operating costs of the new terminal.
charges at Dublin Airport are among the lowest of any major European airport and
have actually fallen by more than 30% in real terms over the past 20 years.
Charges at Dublin Airport will continue to be among the lowest in Europe during
the 2010-2014 period.
The DAA is currently investing €1.2 billion in new facilities to improve the
passenger experience at Dublin Airport and deliver increased efficiencies for
airlines, and has to be adequately remunerated for this investment
The DAA notes that the regulator is mindful of his statutory role in enabling
the company to operate and develop Dublin Airport in a sustainable and
financially viable manner in the current climate.
The increase in passenger charges envisaged by this draft determination will
not bridge the substantial shortfall in earnings that the DAA has previously
indicated that it is facing due to the economic downturn, and the company will
continue to seek significant savings through its ongoing cost recovery
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