Managing Cost Base will Guarantee Shannon’s Future

Chambers Ireland has today (03/12/12) welcomed the announcement that full independence is to be granted to Shannon Airport.

Speaking this afternoon, Seán Murphy, Chambers Ireland Deputy Chief Executive, said “While this is a welcome move, the big challenge for Shannon and its new management is to get its cost base at an appropriate level that makes it attractive to new incoming airlines and allows it to compete for customers with other airports on the island.

Even allowing for transiting passengers, Shannon’s visitor numbers have fallen dramatically in the past five years. It is currently third to Dublin and Cork Airports, respectively. These numbers must rise to above 2.5 million for the Airport to be sustainable in the future. That is the major challenge for Shannon.”

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For further information contact Amy Woods, Chambers Ireland on 01 400 4319, 086 6081605 or email amy.woods@www.chambers.ie.