Cork Airport has said that is passenger numbers have declined by 95% due to the COVID-19 crisis, and that it expects the crisis to cause the loss of two million passengers and more than €23 million in revenues by the end of 2020.
The airport said that while it experienced passenger growth of 6% in January and February of 2020, its passenger traffic was down by 799,000 passengers during the first half of this year.
Cork Airport managing director Niall MacCarthy stated, "The impact of COVID-19 has been devastating on the world and Irish aviation sector, not least Cork Airport. We now expect passenger numbers to decline by almost two million passengers in comparison to what we forecast for 2020...Cork Airport has been dramatically impacted in lost revenues at the half-year, and the impact is likely to be more than €23 million for the full year. Hospitality, tourism and aviation are amongst the three sectors most affected by this terrible pandemic and our passenger numbers at the half-year reflect this reality."
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© 2020 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.