Waterford Airport

2022 - 8 - 11

Post cover — Image courtesy of "Irish Examiner"

Council: Legal agreements being drawn up for investment into ... (Irish Examiner)

The billionaire Comer brothers have reportedly agreed to pay up to €20m to buy a majority stake in the company.

"I'm basing on that on how over €160m was provided to Irish aviation in recent years of which Waterford Airport received zero. The news was "cautiously welcomed" by Fine Gael senator John Cummins, a former director, who said the airport has the ability "to act as a catalyst for growth" across Waterford and the entire South-East. Later attempts to secure backing from a European investor were decided against by the company.

Comer brothers buy €20m stake in Waterford Airport - Galway Bay FM (Galway Bay FM)

According to the Irish Independent, the deal is a major coup for the region and a strong vote of confidence in the regional airport. The acquisition price is ...

The acquisition price is said to include a significant investment programme, which is expected to begin almost immediately. According to the Irish Independent, the deal is a major coup for the region and a strong vote of confidence in the regional airport. The deal ends a long period of uncertainty for the airport, which hasn’t operated scheduled commercial services since 2016.

Waterford Airport's potential cannot be overstated - Fine Gael Senator (Waterford Live)

Waterford Fine Gael Senator John Cummins, who is a former member of the board at Waterford Airport has cautiously welcomed news reports that Luke and Brian ...

“However, now that we are emerging out the other side, the time is ripe to progress these investment plans. It has the ability to act as a catalyst for growth across Waterford and the entire South East region. The airport has been restricted in terms of its ability to attract airlines and routes given the limited types of aircraft that can operate from the airport.

Galway brothers reported to have bought a majority stake in ... (Midwest Radio)

Billionaire siblings, Galway natives, the Comer Brothers have reportedly agreed to pay around 20 million Euro, to buy a majority stake in Waterford Airport. The ...

Comer brothers buy €20m stake in Waterford Airport (Connacht Tribune Group)