Gordon DeeganThe operator of Ireland West Airport Knock last year enjoyed a pre-tax profit of €2.075 million after the airport generated record revenues of €17.93 million. New accounts for Connaught Airport Development Co Ltd show that the airport made a strong post Covid-19 pandemic recovery as passenger numbers increased by 314 per cent to 721,894 in 2022. The pre-tax profit of €2.07 million followed pre-tax Covid-19 related losses of €179,876 in 2021. The directors are forecasting that passenger numbers for 2023 will continue to recover and achieve numbers close to 850,000 for this year. A breakdown of the firm’s revenues show that it recorded aeronautical revenues of €9 million, commercial revenues of €8.86 million and ‘other sales’ of €59,194.

Source: The Herald November 14, 2023 15:27 UTC