Belfast Telegraph

Profits soar at Belfast International Airport amid Brexit sterling slump

Northern Ireland's largest airport has seen profits soar as passengers from the Republic take advantage of the Brexit sterling slump.

The number of people from south of the border using Belfast International Airport is thought to have doubled last year, thanks to better value for their euros.

The airport's profits for last year totalled almost £2.9 million - six times the numbers for 2015, according the company's annual report.

The number of passengers passing through the airport's terminals also jumped from 4.3 million to 5.1 million.

Following the UK's vote to leave the European Union, the airport ran a publicity campaign themed around the Leave vote. It called on passengers from the Republic of Ireland to "Vote leave - choose BEXIT when you EXIT from Belfast International".

Managing director Graham Keddie said: "This has been helped by the euro/sterling exchange. We now have 12% of our passengers from the Republic of Ireland, which has probably doubled in the last year.

"Our business is ever-changing and what we're seeing is a sustained effort leading to tremendous growth.

"On top of that, we have seen an additional 800 jobs actually created by our businesses. We're an economic and employment success story for Northern Ireland, but we're only at the start of our exciting journey.

"We will add hundreds more jobs in 2018 with major investments that are in the pipeline.

He added: "We are offering a real alternative to Dublin which is suffering from a strong euro and we will continue to draw more lucrative business from the Republic of Ireland in 2018."

The company will hold a number of jobs fairs in the coming months in order to recruit for new vacancies.

Popular

From Belfast Telegraph