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Derry Airport contributes £4.5m to
economy
09.01.14
CITY of Derry Airport generated more than £14m in
2012 with almost half of that directly benefiting
the city, new figures show. The statistics,
delivered to stakeholders this week, show that the
regional airport makes a net contribution to local
economy, after running costs, of more than £4.5m
each year.
Derry city councillors were advised of the "very
challenging conditions" in the aviation marketplace
highlighting issues around Air Passenger Duty (APD),
the economic downturn and current risk aversion by
airline decision makers.
They were told that City of Culture was "a major
success for the city and the region in 2013".
While the majority of events were targeted at
audiences from the city, Northern Ireland and the
Republic, the airport saw some direct benefits
especially during the largest events such as the
Fleadh. |
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City of Derry Airport. |
Derry City Council
chief executive Sharon O’Connor said the annual
reduction of the City of Derry Airport’s subvention
by £1m was significant in helping to put the airport
in a positive position for the future.
“The airport is a hugely important regional asset
which greatly helped us during our year as City of
Culture 2013 to raise the profile of our city and
attract new visitors to the region to attend large
scale events such as the All Ireland Fleadh Cheoil
na hEireann and the BBC Radio One Big Weekend. The
city has now firmly placed itself on the map as a
cultural destination and we are confident this will
have long-term benefits for the city as a whole,
including the airport.” |
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