Saturday, February 14, 2009

DAA pay increases on hold

The 2,700 staff employed by the Dublin Airport Authority (DAA) at the three state airports of Dublin, Cork and Shannon have been told that the 3.5% pay increase due to them under the national pay agreement negotiated between the government and social partners is on hold until such a time that the company delivers €25m per annum cost savings.
Of the three airports, Cork would appear to be the least affected by recent events. Shannon has to contend with the reduction in Ryanair's presence at the airport while Dublin has to deal with falling passenger numbers, Ryanair's recently announced cut backs and the forthcoming loss in rental revenue from the SR Technics hangars.

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