Cork Airport generated €904m for the Irish economy in 2019, according to findings in a newly released economic impact study.
The report, conducted by InterVISTAS Consulting, revealed Cork Airport also contributed to the employment of 12,180 people in Ireland, equivalent to 10,740 full-time jobs, earning a total of €457m.
The findings come as Cork Airport recorded a fourth consecutive year of growth in 2019, with passengers growing by 8% to 2.6m. 2.7m people aere forecasted to travel through the airport in 2020, up a further 5% on last year.
Cork Airport’s Managing Director, Niall MacCarthy, said: “The last economic impact study of Cork Airport was conducted in 2015 and it is fantastic to see the airport’s positive contribution to the Irish economy is continuing to grow significantly.”
Mr MacCarthy added: “In total, Cork Airport directly supports 2,200 jobs at the airport itself with daa employees, airlines, ground transport, handling, maintenance, food and beverage, logistics companies, Government agencies and hotels. Of the total gross value added by Cork Airport to the economy, €173m of that is a result of these direct jobs.”
The study also found the Cork Airport’s connectivity score — an indicator of an airport’s access to the global air transport network — is the second highest in the country. There are over 50 routes on offer from Cork Airport to the UK and Continental Europe, along with multiple daily long-haul connections worldwide through major European hub airports served from Cork.
Among the three new routes announced for Cork Airport for 2020 is a KLM Royal Dutch Airline daily service to Amsterdam Schiphol, and direct Ryanair flights to Zadar, Croatia.