DAA today reported that after tax profits increased by 41% to €40 million last year, as passenger numbers and commercial income increased and its overseas retail business performed well in continuing markets.
It estimates that turnover at DAA increased by 13% to €564 million, aided by higher revenues from aeronautical charges and increased income from commercial activities both in Ireland and overseas. Earnings before interest, taxation, depreciation and amortisation increased by 13% to €182 million last year.
Passenger numbers at Dublin Airport increased by 8% last year to 21.7 million, as growth was recorded in all main market sectors. It welcomed 1.5 million extra passengers last year, setting new records for long-haul traffic, transatlantic traffic, and transfer business. Long-haul traffic was up 14%, while transfer passengers increased by 37% to a record 749,000 last year.
Dublin’s transatlantic traffic increased by 14% last year to a record 2.1 million passengers and has grown by 42% over the past four years. This major expansion in North American flights means that this summer, Dublin Airport will be Europe’s sixth largest airport for transatlantic connectivity, with only the hubs of Heathrow, Amsterdam Schiphol, Paris CDG, Madrid and Frankfurt having more flights to the United States and Canada.
Chief Executive at DAA, Kevin Toland said, "Dublin Airport is now a significant player in the transatlantic market in Europe with 328 North American flights per week this summer to and from 15 different destinations. We believe there is further room to substantially grow this business, which will provide additional connectivity for our customers and increase transfer traffic at Dublin."
Source: www.businessworld.ie
