In a significant development for the travel industry, DAA, the operator of Dublin and Cork airports, has recommended a 鈧�31 million shareholder dividend to the State, marking a major milestone in the company’s recovery post-COVID.
The announcement comes as DAA鈥�’s 2023 Annual Report and Accounts revealed a 37% improvement in passenger satisfaction scores at Dublin Airport, signalling a positive shift in the airport experience. Despite challenges such as cost headwinds, debt size, and loss of connectivity, DAA has demonstrated resilience and progress.
With a record-breaking turnover of 鈧�1.018 billion, representing a 35% increase from 2022, and a profit after tax and exceptional items of 鈧�176 million for 2023, DAA鈥檚 financial performance reflects a strong rebound from the impact of the pandemic.
Kenny Jacob, DAA鈥檚 CEO, emphasized the company’s commitment to delivering an improved airport experience and driving innovation and sustainability across its operations, signalling positive prospects for travellers in the post-COVID era.
However, concerns were raised regarding the current growth limitations at Dublin Airport due to the terminal cap, leading to a loss of essential connectivity as airlines prioritize growth at hubs outside Ireland.
Despite these challenges, DAA’s remarkable recovery and strategic vision position the company to play a pivotal role in reviving travel and connectivity, fueling optimism for travellers as the industry charts a path toward recovery and growth
Planning a trip to Paris ? Get ready !
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Bookstore
- The best travel book : Rick Steves – Paris 2023 –听
- Fodor’s Paris 2024 –听
Travel Gear
- Venture Pal Lightweight Backpack –听
- Samsonite Winfield 2 28″ Luggage –听
- Swig Savvy’s Stainless Steel Insulated Water Bottle聽–听
We sometimes read this list just to find out what new travel products people are buying.
