Shannon Airport receive funding of over €6.3 million in Government support under the COVID-19 Regional State Airports Programme 2021.
Shannon Airport receive more than 6-million-euro funding from government
By I Love Limerick correspondent Peter Cooney
Shannon Airport has received the allocation of over €6.3 million in Government support under the COVID-19 Regional State Airports Programme 2021.
This funding will contribute towards capital investment in the areas of safety, security and sustainability at the airport.
This funding is on top of the €8 million allocated for Shannon Airport last November and in addition to the €5 million in Budget 2021. The Government also agreed last year to fund a feasibility study to look at connecting Shannon to the rail network via a spur to Sixmilebridge.
Separately, Shannon Airport will also be eligible to apply for operational grant-aid, targeted at vital safety and security related operational expenses later this year. Almost €20 million is available during 2021 for air traffic control, fire services and security related expenses which will help ensure that airports can continue to remain compliant with regulatory requirements in these areas.
Shannon Group has welcomed the allocation of over €6.3 million in Government support to @ShannonAirport under the COVID-19 Regional State Airports Programme 2021, announced today by Minster @1Hildegarde TD.
Read more https://t.co/jWda0CDIxc pic.twitter.com/SpmQb3jfU8
— Shannon Group plc (@SNNGroup) April 19, 2021
Minister of State Hildegarde Naughton said, ‘‘I am delighted to be approving these capital allocations in what has been an incredibly difficult year in our regional airports. This funding represents a strong commitment by the Government to help Ireland’s regional airports remain financially sustainable as they plan to move beyond the largest exogenous shock that the sector has ever faced.” Shannon Airport receive funding
Minister Naughton added, ‘I am pleased to say that this year’s funding has also taken climate objectives into account for the first time, representing an important step in the process towards the ‘greening’ of Irish Airports. I am confident that today’s allocations, coupled with the impending funding to address the impacts of Covid, will help airports regain their foothold in the aviation market when recovery begins.’
Welcoming the announcement Mary Considine, CEO, Shannon Group commented, “As we continue to manage our way through the COVID-19 crisis, the confirmation that Shannon Airport’s application to the COVID-19 Regional State Airports Programme 2021, first announced last November, has been approved is very welcome.
Following an extremely difficult year for aviation and Shannon Airport, these funds will assist us to deliver a range of critical safety and security capital projects, including, security equipment upgrades, and airfield rehabilitation works.”
For more information on Shannon Airport go HERE
For more stories on Shannon Airport go HERE