NO FEE LIMERICK CHAMBER COPENHAGEN ECONOMICS MX-2 web

02/10/2019 NO REPRO FEE, MAXWELLS DUBLIN Aviation and enterprise policy must be linked to achieve balanced regional development targets – Copenhagen Economics Assessment of Irish aviation markets recommends range of government supports and interventions amid concerns of regional impactReport finds that establishing post-Brexit hub access to Frankfurt Airport would add a potential GDP contribution of €412 million to Mid-West/West regionDominance of Dublin Airport at the expense of other Irish airports is striking. Pic shows ( l to r ) Christian Jervelund, Managing Partner, Copenhagen Economics, Dr Catriona Cahill, Chief Economist, Limerick Chamber and Eoin Ryan, President, Limerick Chamber. Intensified competition between Irish airports over passengers and airlines will have severe consequences for economic activity and jobs outside the Greater Dublin Area, a report by international economic consultants has warned. The report by Denmark’s Copenhagen Economics found that significant capacity expansion planned for Dublin Airport will make it very difficult for other airports to maintain current routes and passenger levels. It also means that other airports will not be able to act as a catalyst for regional growth as foreseen in Project Ireland 2040 and the Regional Enterprise Plan. The report was commissioned by Limerick Chamber and supported by Shannon, Ennis and Galway Chambers in response to the need for enhanced direct air connectivity into the regions to support business and, not least, foreign direct investment. Collectively these four Chambers represent 1,358 members supporting 105,500 jobs across the Mid-West and West. PIC: NO FEE, MAXWELLPHOTOGRAPHY.IE

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Taken: October 2, 2019