Latest News 2008
Airports will not Receive any Funding from Government’s New Air Travel Tax
October 14 2008
The Dublin Airport Authority (DAA) wishes to clarify that the air travel tax
announced by the Minister for Finance in today’s budget is a Government tax that
has been introduced to boost the Government’s revenues.
This new tax is not linked in any way to the airport
charges at Dublin, Shannon and Cork Airports that help pay for the facilities at
those airports and the range of aviation, security and safety services provided
by them. Dublin, Shannon and Cork airports are funded entirely by a combination
of these airport charges – paid by passengers, revenues from their own
commercial activities and borrowings.
The airport charge at Dublin Airport is determined by the Commission for
Aviation Regulation and currently stands at a maximum of €14.60 per departing
passenger or just over €7 for each leg of a return journey. The airport
charge paid by passengers at Dublin Airport is the lowest at any major airport
in Europe.
DAA is carrying out a detailed analysis of the possible impact of the current
economic environment on passenger traffic through its airports and how this
might affect the delivery timeframe for some planned infrastructure. It is too
early to predict what impact the new Government tax may have on overall traffic
volumes.
October 14, 2008
For more Information please contact: Vincent Wall 087 6860727
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