Ireland West Airport Knock Expects Its Revenues To Decrease By €11m This Year

By Dave Simpson
Ireland West Airport Knock Expects Its Revenues To Decrease By €11m This Year

Ireland West Airport Knock expects its revenues to decrease by €11 million in 2020 and to experience €4 million in losses due to the continuing COVID-19 pandemic.

As reported by The Irish Times, a spokesperson for the airport stated that the number of passengers that passed through the airport decreased by 90% during the summer period as a result of the pandemic.

The airport currently expects to have played host to 145,000 passengers this year, which is 82% less than the 807,000 passengers to which it played host in 2019.

Passengers numbers are not expected to return to pre-COVID-19 levels until 2023 at the earliest.

Cost Cuts

The airport's spokesperson said that Ireland West Airport Knock is continuing to implement cost cutting measures in response to the pandemic's impact.

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The airport's workforce has been reduced by up to 70% in a bid to cut costs, and its remaining employees are currently working three days a week. To date, 43 staff have been made redundant. A number of other employees have been temporarily laid off until business improves.

The airport's total operating costs have been reduced by 40% since the onset of the pandemic.

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