Derry And Strabane Council Seeking £15m In Financial Aid To Secure Future Sustainability Of City Of Derry Airport
Derry and Strabane Council is seeking £15 million in financial aid to secure the future sustainability of City of Derry Airport.
As reported by The Irish News, problems that the airport is facing were raised at a meeting of Derry and Strabane Council's governance and strategic planning committee, during which committee members were told that the airport is a "key infrastructural asset" and vital for air connectivity in the north west.
Three-Strand Approach And PSO Flights
A council spokesperson said at the meeting that the council is hoping to secure £15 million from the government over the next six years as part of a three-strand approach in light of COVID-19-related challenges.
The council is also hoping to retain financial support for City of Derry Airport's existing London Public Service Order (PSO) flights to London, and to obtain additional funding for a PSO service to Dublin.
The Irish News quotes the council spokesperson as saying, "The strategic importance of City of Derry Airport as a key source of air connectivity in the north west of Ireland, both as a promoter of tourism and as a contributor to regional economic growth was emphasised at the meeting."
The spokesperson added that a successful conclusion to discussions with the government could reduce the council subvention of City of Derry Airport to "a more sustainable £1.5 million per annum".
Despite the challenges that have been caused by the COVID-19 pandemic, City of Derry Airport passenger numbers reportedly increased by 7.1% in 2019/2020.
© 2021 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.