Profit drop at Kerry Airport

Passenger numbers grew 8% YoY for the year ended October 2008 to an annual total of just over 419,000, primarily due to the introduction of the Ryanair Luton - Kerry service. Profit fell 40% however for the same period due to a growth in overhead.

Income after tax was €327,5k from a revenue base of €6.976m. The growth in overhead arose as a result in the change of the Dublin-Kerry PSO (Public Service Obligation) route which changed hands from Aer Arann to Ryanair during the year. The change to larger B738 aircraft from ATR size required a change in ground handling,emergency services and staff numbers.