Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
malias via Creative Commons/Flickr
IAA
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.
have your say