Plan to cut airport jobs and shelve Dublin’s 2nd runway
airports as part of a plan to save €20 million in costs.
in profits both it will seek voluntary redundancies early next year at Dublin, Cork and Shannon
airports as part of a plan to save €20 million in costs.next year and in 2010.
by DAA for 2009.
Impact and Mandate.
official Dermot O’Laughlin said the union had so far received no details of the
cuts being planned.
manager’s internal newsletter, Connect, DAA chief executive Declan Collier said
“the majority” of the €20 million savings would be from cuts in payroll, which
account for two-thirds of its costs.
including voluntary severance, non-recruitment, overtime, absenteeism and discretionary
staff payments,” Mr Collier said.
be paid.
which Mr Collier said was “not sustainable and must be addressed immediately”.
“likely to worsen”.
million, has been deferred due to the decline in passenger numbers.
on the runway system for a number of years, thereby pushing back its commencement
date,” Mr Collier said. It is understood that the runway, which was due to open
in 2014, could be deferred by three or four years.
it made an operating profit of €111.6 million. “The company is exposed to further
falls in profit in 2009 with the situation potentially worsening markedly in 2010,”
he added.
2010, “depending on the economic outlook”.
While Dublin and Cork will show “modest” rises in passenger numbers for 2008,
Shannon’s figure will be lower. The three airports handled a record 30.1 million
passengers last year.
be unaffected by the cutbacks.
Aer Rianta International, which employs 495 staff, mostly at retail operations
outside Ireland, and is managed separately.