KERRY Airport has received a welcome increase in the level of funding to annual support towards the cost of upgrading and purchasing essential technological and communications infrastructure in Farranfore.
The €2.2 million investment includes proposed allocations of €911,071 and €1,297,840 under the CAPEX and Public Policy Remit Capital (PPR-C) Schemes respectively.
The CEO of Kerry Airport, John Mulhern, said: “We welcome the increase in capital funding from the Department of Transport, Tourism and Sport. Such investments are essential for the continued delivery of a safe and efficient service at Kerry Airport. The team at Kerry Airport wish to thank the Department, and in particular Minister Brendan Griffin, for acknowledging the key role that Kerry Airport plays in the development of the tourism and general business sectors in Kerry.”
The Minister of State for Tourism and Sport, Brendan Griffin, said: “This is huge funding coming to Kerry Airport, on top of a number of large grants for Kerry Airport that I have announced over the last two years. These grants complement the Kerry Dublin flights subsidy that is also serving this county well. This Government’s continued strong support for Kerry Airport represents major support for rural Ireland and is helping to sustain jobs and create new ones.”
The CAPEX Scheme covers Exchequer support for safety and security related investment and is concerned with projects that are regarded as having an economic value to the airport or are inherent to the normal ‘business’ of being an airport.
The PPR-C covers capital investments associated with safety and security operations at airports that involve costs for the airport but generate no economic return, such as Air Traffic Control, fire services and security services.
This Programme of funding provides for support of up to 75% under Capex and 90% under PPR-C for approved relevant projects.
The Minister for Transport, Tourism and Sport, Shane Ross, said: “Today’s announcement is further evidence of this Government’s commitment to the Regional Airports Programme as part of Project Ireland 2040. A total of €72 million is being invested in safety and security related infrastructure enhancement projects and equipment over the lifetime of the National Development Plan. These grant allocations will help Ireland’s smallest airports to grow to a viable and self-sustaining position as envisaged by the National Aviation Policy.”
Ideally located for anyone wishing to travel on business or pleasure, Kerry Airport services direct flights to seven destinations including: London Luton, London Stansted, Frankfurt-Hahn, Berlin, Alicante & Faro (both summer 2019) with Ryanair, and to Dublin with Aer Lingus Regional.
For more information about Kerry Airport, please visit www.KerryAirport.ie or contact +353 66 9764644.