Growth Potential at Cork Airport Underestimated by 50% in Minister’s Report

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November 01, 2018
Growth Potential at Cork Airport Underestimated by 50% in Minister’s Report

Cork Chamber has reacted with serious concern to a new report commissioned by the Minister for Transport, Tourism and Sport, which reviews future capacity needs at state airports.

Commenting on the report presented to Cabinet last week, Thomas McHugh, Director of Public Affairs, said: “The assumptions used by the authors to project future capacity needs are extremely concerning and appear to significantly underestimate the potential for growth at Cork Airport. In doing that, the report also misjudges the infrastructure required to facilitate passenger growth in Cork”.

“By using an average 1.8% annual growth projection from now to 2050, the report undercalculates passenger demand by more than 50% when compared to Cork Airport’s recent growth performance averaging 4% per annum.”

“In real numbers, this means 1 million fewer annual passengers flying in and out of Cork by 2050 than otherwise can be achieved. If approved by the Minister this would be a huge loss to Ireland’s second city and an undermining of the commitments of Ireland 2040.”

“Even more concerning is the fact that these misleading figures have caused the report to propose additional terminal capacity in Dublin instead of better utilisation of existing terminals. This is completely counterintuitive to Government’s vision of better balancing national growth and will have serious consequences for economic development potential in this region.”

“We firmly believe that future investment in our national airports should support balanced growth across all three state airports, and we will be formally making a submission to that effect.”