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IAA reports increased profit for 2011

The Irish Aviation Authority says its operating profit increased to €17.9 million during last year.

THE IRISH AVIATION Authority (IAA) has reported an increase in traffic, turnover and operating profit for 2011.

The IAA said its operating profit increased to €17.9 million in 2011, compared to €14.9 million during the previous year. Turnover for 2011 was reportedly €179 million, which was an 6.3 per cent increase on the previous year (€168.5 million).

Overflights and communications revenue counted for 74 per cent of turnover, according to the IAA 2011 annual report and results.

Air traffic levels during 2011

  • En route overflights totalled 300,408 (an increase of 2.6 per cent on 2010)
  • North Atlantic communications provided 403,534 flights with high-frequency voice communications services – an increase of 3.7 per cent
  • Terminal (combined number of terminal commercial aircraft movements at Cork, Dublin and Shannon airports) remained static at 195,905

IAA says revenues primarily come from charging aircraft that use Irish-controlled airspace.

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