Monday, March 16, 2009

DAA puts a hold on Capex projects

The Dublin Airport Authority (DAA) has pulled almost €350m in capital expenditure programs from it's investment program over the next five years. Projects which have been placed on the long finger pending an economic revival include the second runway, an engine test bay and additional aircraft parking places. 
Projects which are to go ahead include a new multi storey car park for 1,700 cars, costing €40m and a €4m taxi holding area with capacity for 450 cars, including rest facilities for drivers. Repair of the exisiting runway surface which was laid in the 1980's will also take place and taxiways dating back 40 years will also be rejuvenated.

No comments: