It has been announced today that Dublin Airport is progressing with the building of a new runway, with a view to having it completed by 2020.
The new addition will cost €320 million and will begin proper construction in 2017 after enabling works are carried out later this year.
The airport initially received planning permission to build the runway from Fingal County Council almost 10 years ago in August 2007, but the plans were put on hold due to the fall in passenger numbers brought about by the economic downturn. The 3,110 metre runway will be built 1.6km north of the current one.
In a statement released on the DAA official website the Chief Exective Kevin Toland explain why the new runway is needed;
“Last year was the busiest year ever in the airport’s history with a record 25 million passengers travelling in 2015. Passenger numbers continue to grow strongly in 2016 with double digit growth recorded in the first two months of this year”
“We are progressing our plans to deliver the new runway in accordance with the development and pathway for growth outlined in the Government’s National Aviation Policy (NAP). Dublin Airport’s North Runway will significantly improve Ireland’s connectivity supporting trade, foreign direct investment and tourism”.
The rapid recovery in passenger numbers is due to a combination of almost 50 new routes and services, significant additional capacity increases on a number of existing routes, and nine new airlines operating at Dublin Airport. Total long-haul connectivity has grown by more than 65% since T2 opened, while short-haul connectivity has increased by 16%.
“Driven by demand from airlines and passengers, Dublin Airport’s current runway infrastructure is at capacity during the peak hours and this must be addressed to enable future growth. The north runway will significantly improve Ireland’s connectivity which plays a critical role in growing passenger numbers and sustaining the future economic development of Ireland”.
The development of the new runway will further enhance Dublin Airport’s economic impact which currently supports or facilitates a total of 97,400 jobs in the Irish economy.
A major study conducted by economic consultants InterVISTAS last year found that Dublin Airport contributes €6.9 billion to the national economy.
The overall impact includes almost 16,000 people employed directly at the airport campus by daa, airlines and other companies, the multiplier effects that flow from that employment, and the other sectors of the Irish economy that are facilitated by Dublin Airport.