Kerry Airport reports profit of almost €1.4 million for last year
The recently released report shows that Kerry Airport made a profit of €1,373,300 after tax in 2024. The figure represents a 14pc increase on the profit made in 2023.
A total of 417,409 passengers travelled through the airport in 2024.
Chief financial officer for Kerry Airport, Basil Sheerin, said that current expectations suggest that even more passengers will pass through in 2025.
Mr Sheerin stated that the airport took in more than €8.5 million in 2024, representing a 3pc year-on-year increase.
He said this growth was driven by strong performances in the airport's fuel, gift shop/duty free and car park operations.
The financial officer said administrative expenses 'remain a challenge', with increased costs in wages, local authority rates, energy, maintenance exerting pressure on the airport's gross profit margin.
'We are pleased to report a final profit of €1,373,300, a 14% increase on 2023, supported by Government Grants of €1,392,878,' he said.
'This result is particularly welcome in light of our planned Capital Expenditure of over €4.4 million in 2025.'
Mr Sheerin reported that feedback has been overwhelmingly positive in relation to the new arrivals hall opened at the airport in March.
Construction is underway on the expansion of the departures hall, expected to be complete by the end of July. The hall will include more seating, a new smoking area, an additional boarding gate and expanded catering facilities.
Mr Sheerin said the airport has committed to the science-based targets initiative for greenhouse gas emissions, is nearing the full conversion of its vehicle fleet to electric, and commenced a detailed feasibility study into on-campus energy generation.
Following the publication of the Annual Report and Accounts for 2024, the AGM of Kerry Airport plc will be held at 12 noon at Ballygarry House Hotel in Tralee on Monday, June 30.
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Irish Independent
11 hours ago
- Irish Independent
Kerry Airport reports profit of almost €1.4 million for last year
The recently released report shows that Kerry Airport made a profit of €1,373,300 after tax in 2024. The figure represents a 14pc increase on the profit made in 2023. A total of 417,409 passengers travelled through the airport in 2024. Chief financial officer for Kerry Airport, Basil Sheerin, said that current expectations suggest that even more passengers will pass through in 2025. Mr Sheerin stated that the airport took in more than €8.5 million in 2024, representing a 3pc year-on-year increase. He said this growth was driven by strong performances in the airport's fuel, gift shop/duty free and car park operations. The financial officer said administrative expenses 'remain a challenge', with increased costs in wages, local authority rates, energy, maintenance exerting pressure on the airport's gross profit margin. 'We are pleased to report a final profit of €1,373,300, a 14% increase on 2023, supported by Government Grants of €1,392,878,' he said. 'This result is particularly welcome in light of our planned Capital Expenditure of over €4.4 million in 2025.' Mr Sheerin reported that feedback has been overwhelmingly positive in relation to the new arrivals hall opened at the airport in March. Construction is underway on the expansion of the departures hall, expected to be complete by the end of July. The hall will include more seating, a new smoking area, an additional boarding gate and expanded catering facilities. Mr Sheerin said the airport has committed to the science-based targets initiative for greenhouse gas emissions, is nearing the full conversion of its vehicle fleet to electric, and commenced a detailed feasibility study into on-campus energy generation. Following the publication of the Annual Report and Accounts for 2024, the AGM of Kerry Airport plc will be held at 12 noon at Ballygarry House Hotel in Tralee on Monday, June 30.
Irish Examiner
28-05-2025
- Irish Examiner
Kerry Airport board dismisses call to rename transport hub after Daniel O'Connell
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Irish Times
21-05-2025
- Irish Times
Ireland's regional airports to get nearly €8 million for capital projects
Three of Ireland's regional airports are set to share nearly €8 million in government funding for capital development projects. The funding will support 33 capital investment projects intended to improve the safety and security at Kerry, Ireland West and Donegal airports, as well as sustainability efforts at a cost of €7.823m. Ireland West Airport in Knock , Co Mayo will be given €5.66 million in funding to support projects including a security systems upgrade, the development of a solar farm and an upgrade of the airport's electrical infrastructure. The funding will also support the transition of the airport's carbon accreditation rating. More than €1.8 million in funding will be allocated to Kerry Airport for snow clearing equipment, a new security perimeter access road and support for the repair to the airport's localiser – a runway antenna array that aids pilots during approach. READ MORE Donegal Airport will receive nearly €350,000 to fund capital projects including a remote-controlled gas cannon for wildlife management, explosive trace detection equipment and to support the relocation of the runway approach path indicators. Minister for Transport Darragh O'Brien said the 'level of targeted support is an indication of the importance Government attaches to our regional airports, which facilitate connectivity'. Mr O'Brien highlighted the installation the solar farm at Ireland West airport and the expansion of Donegal's farm. Last year, overall passenger traffic across Irish regional airports was 7 per cent higher than in 2023, with a further 6 per cent growth in passenger traffic in those airports in the first quarter, which he said was supported by Exchequer funding from the department. The funding came under the existing regional airports programme, which is due to end in December. Mr O'Brien said a new programme, for the period 2026 to 2030 is being prepared 'as a matter of priority'.
