Government approved Exchequer funding of €6.1 million in June 2020 to assist in the completion of a significant Hold Baggage Screening (HBS) project for Shannon Airport in 2020. €304,000 was drawn down in 2020. A further €4.1 million has been drawn down to date in 2021.
On 10 November 2020, the Government announced an €80 million funding package for Irish aviation in 2021 including a provision of €52.1 million for the State Airports. On 12 October 2021 an additional €90 million in aviation supports for 2021 was announced.
Total supports allocated to State Airports since March 2020 to date are as follows:
FUNDING ALLOCATIONS TO STATE AIRPORTS MARCH 2020 TO DATE
-
|
2020
|
|
2021
|
TOTAL
|
AIRPORT
|
Capital Funding
|
Capital Funding
|
Current Funding
|
|
Dublin
|
|
|
€17,680,000
|
€17,680,000
|
Cork
|
|
€10,000,000
|
€1,400,000
|
€11,400,000
|
Shannon
|
€304,000
|
€12,617,487
|
€920,000
|
€13,841,487
|
TOTAL
|
€304,000
|
€22,617,487
|
€20,000,000
|
€42,921,487
|
Additional funding totalling €105.6 million remains to be allocated to the airports by the end of 2021 subject to State aid approval and completion of the validation processes by the airports.