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Tag Archives: new deal for Shannon

New deal may generate €1.5 million in Shannon Airport revenue

By Dan Danaher The delivery of 300,000 extra passengers from eight new routes announced by Ryanair could generate up to €1.5 million in income for Shannon Airport. Michael Cawley, deputy chief executive and chief operating officer of Ryanair, told The Clare Champion that a typical airport like Shannon can earn between €9 and €10 on car parking and retail goods for each additional passenger departing the airport, with a net profit of about €5. Mr Cawley claimed that larger airports in London made far more than the net profit of €5 per passenger, while Pisa airport earns €9 net profit per passenger. “Shannon is where duty free started. Neil Pakey did a great job when he was in Liverpool Airport. He will get the last cent out of every passenger going through Shannon Airport by optimising this with good service, good product availability such as good coffee in the shops and efficient pricing to maximise the overall yield. “The airport …

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