Business News Transport

 €16 Million in Capital Funding for Regional Airports

Minister of State at the Department of Transport, Hildegarde Naughton, announced the allocation of almost €16.4 million in capital funding to regional airports under the Regional Airports Programme 2021-2025.

Almost €6.6 million has been allocated to our regional airports at Donegal, Ireland West (Knock) and Kerry and over €9.8 million has been allocated to our regional State airports at Shannon and Cork.

The allocations will contribute towards capital investment in the areas of safety and security at airports, whilst also supporting projects with a sustainability focus. Funding allocations are being provided as follows:

Capital Allocations 2022

AirportGrant allocation
Ireland West (Knock)€4,760,485

Announcing these allocations, Minister of State Naughton said, “Government has maintained a strong commitment to the aviation sector during the COVID-19 crisis and has allocated an unprecedented €161 million in aviation specific supports, in 2021 alone, to our airports. I am delighted today to be building on this commitment, as Irish aviation enters the recovery period.”

Minister Naughton added, “this announcement represents Government’s commitment to continue to support Ireland’s regional airports to remain financially sustainable as they prepare for growth into the future. This capital funding will support a great number of safety and security related capital projects, ensuring that airports can continue to remain compliant with regulatory requirements in these areas. I am pleased to announce also that, in line with the broadening of the scope of the Programme, a significant number of this year’s projects have a sustainability focus, facilitating the sustainable growth of the sector.”

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