Gateway to the West & North West of Ireland - Discover Bundoran

Page created by Alexander Goodwin
 
CONTINUE READING
Gateway to the West & North West of Ireland - Discover Bundoran
Gateway to the West
& North West of Ireland
Gateway to the West & North West of Ireland - Discover Bundoran
A Visionary
Gateway to the West & North West of Ireland - Discover Bundoran
A regional success story

• 1986 - 9,208 passengers
  - 1 daily flight to London

• 2017 – 750,00 passengers
  - 123 wkly flights to 23 International destinations

• 1986 – 2017
  - 10m+ passengers have used the airport in 31 yrs
Gateway to the West & North West of Ireland - Discover Bundoran
Catchment area of over 1m people
Gateway to the West & North West of Ireland - Discover Bundoran
Corporate Structure

      Ownership
      Structure                     CADCO

     Airport is owned by a       Connaught Airport
         Trust & 7 local      Development Company
                              is delegated to run the
                                                             Regional
    authorities & held for
   the people of the region       airport operation           Remit
                                                             International air
        Re-                   Independently              connectivity & stimulate
    Investment                   Operated               tourism, enterprise & jobs

   All dividends or profits
                                 Operates on a
   are re-invested in the
                                commercial remit
           company
Gateway to the West & North West of Ireland - Discover Bundoran
Serving 24 International Destinations
Gateway to the West & North West of Ireland - Discover Bundoran
2017 Aviation Partners
Gateway to the West & North West of Ireland - Discover Bundoran
Passenger Growth 1986 - 2017
800,000                          750,000
                                   PAX
700,000

600,000
            PAX Numbers

500,000

400,000

300,000

200,000

100,000
          1986            2000        2017
Gateway to the West & North West of Ireland - Discover Bundoran
Historic partnership
with 7 local authorities
Gateway to the West & North West of Ireland - Discover Bundoran
Regional airports - key economic drivers
An Airport for the regions
Q. If your journey originated in the UK/Europe what counties did you visit whilst in Ireland?
Survey Base: 375 overseas based passengers arriving between June – October 2016

                                                                                                                          Donegal – 13%

                        Over
                      200,000                           900,000                                                 Sligo – 23%

                     visitors to                       Bed nights                                            Leitrim – 6%           Longford – 2%

                     the region                         annually                                Mayo – 66%            Roscommon – 15%         Dublin – 5%
                      annually                                                                            Galway – 28%            Westmeath – 3%

                                                                                                                                          Offaly – 3%
                                                                                                                 Clare – 5%

                                       €110m
                                      spend in
                                                                                                                            Kerry – 2%
                                     the region

  Note: Respondents indicated they visited more than one county during their stay with an average of 3 counties visited
Overseas marketing 2017-19

                                €500,000
                             investment in
                                overseas
                               campaigns
                               promoting
                              West/North
                                  West
                               2016/2018
€100k spend in the UK alone in 2017
Driving awareness of the regions
we serve
The Brexit Challenge
UK market critically important to West
& North West Region
• Circa 3m visitors to the region since 1986 generating spend
  upwards of €1bn+ in the local and regional economies
• Almost 0.5m inbound airline seats annually from UK cities
  directly into the West
• 25% of all British holidaymakers to Ireland visit the West /
  North West*
• 85% of access into Ireland West Airport is from the UK
• Biggest choice of UK services outside of Dublin & Cork Airports
  with flights to 9 different UK airports
• UK market represents overall 40% exposure to Republic of
  Ireland Airports. Proportionately more for smaller airports and
  less for Dublin Airport.
*Source: Tourism Ireland Market Profiles
UK Passenger Growth 2012 - 2017
700,000
          Inbound passenger growth from Britain co-incides with strong £ currency
600,000

500,000

400,000

300,000

200,000

100,000

     -
           2012 Pax    2013 Pax    2014 Pax     2015 Pax    2016 Pax    2017 Pax
UK Passenger Growth LF% 2012 - 2017
       • On average 75% of seats to and from the UK market are filled
 80%   • 25% growth in load factor over six year period

 70%

 60%

 50%

 40%

 30%

 20%

 10%

 0%
          2012 LF     2013 LF     2014 LF     2015 LF     2016 LF       2017 LF
Low Cost access driving growth
Brexit creates particular challenges for
Irish Aviation due to strong traffic flows

  Ireland is the EU Country most dependent on UK Passenger Traffic
Value of Tourism to the
Republic of Ireland

       €4.7bn                       9m                        220k Jobs
       Revenue                    Visitors                     in the sector
      +10% v 2015               +12% vs 2015

    1 in 9 people            3.8m visitors                  Increase in Tourism
     employed in tourism &   to Rep. of Ireland generated   Promoting Funding
       hospitality sector                €1.1bn                   Critical
Ireland now more expensive for
British visitors
2017 to date
• Overall visitor numbers to Ireland from Britain down 6%
• British holidaymakers down by 9% YTD
• 300,000 less British visitors p.a.
• €88m p.a. in lost revenue
• €1,900 less tourism jobs

Despite this passenger numbers on UK services from
Ireland West Airport are up 4% YTD – driven by outbound
demand??
Ireland now more expensive for
British visitors
Brexit Challenges

2017 to date
• Limitations to Free Movement of People & Goods:
  Border Control, Schengen & Visas
• Threat to Common Travel Area: Maintaining its current
  form 300,000 less British visitors p.a.
• Tourism Decline: Tourism Ireland forecasts UK visitor
  decline in 2017 - 1st in 5 years, UK increasing regional
  tourism spend
• Freedom of Skies/Liberalised EU Air Transport
  hampered: Air Agreements
Brexit Challenges

• Inconsistent Safety, Security & Other Regs: Incl State Aid
• Currency Movement/Broader Economic Effect: Sterling etc
• Threat to Common Travel Area: Maintaining its current
  form300,000 less British visitors p.a.
• Tourism Decline: Tourism Ireland forecasts UK visitor decline
  in 2017 - 1st in 5 years, UK increasing regional tourism spend
• Freedom of Skies/Liberalised EU Air Transport hampered: Air
  Agreements
Brexit Opportunities

• Potential Duty Free Opportunities: UK Routes
• Inconsistent Safety, Security & Other Regs: Incl State Aid
• Transfer Pax Opportunities from Non-EU to EU
• FDI Relocation Opportunities : Ireland only English-speaking
  state in EU Tourism Decline: Tourism Ireland forecasts UK
  visitor decline in 2017 - 1st in 5 years, UK increasing regional
  tourism spend
• Freedom of Skies/Liberalised EU Air Transport hampered: Air
  Agreements
Investing in airports future : Tourism

• The recently published Aviation Policy Framework for the UK
  recognises the contribution of airports to regional economic
  growth
• A recent UK report credits regional airports and associated
  businesses with bringing £14 billion to UK GDP and
  supporting 250,000 jobs
• Improved air connectivity results in an increase in economic
  output, Airports Council International (ACI) state that for
  every 10% increase in air connectivity in a country the GDP
  for every person will increase by an additional 0.5%
What the region needs

• Tourism/aviation need to be front left and centre of the Irish
  Government Brexit team - Protect the common travel area
• Future continued investment in regional airports to assist in addressing
  regional imbalance and promoting sustainable regional development
• A coordinated regional tourism plan to drive passenger numbers from
  the current 750k to 1m p.a
• Increased investment in co-operative overseas marketing campaigns to
  support the airports growth plans and emphasis on maintaining current
  route network and developing new access into the region
• Need for greater development and investment in securing direct air
  access from European and US markets to the west coast
• Soft Brexit is the best result for Ireland, but we must plan for all 3
  outcomes
Contact
Mr Joe Gilmore
Managing Director
Ireland West Airport Knock
Charlestown, Co. Mayo, Ireland
T +353 94 936 8110 F +353 94 936 7994
E: joegilmore@irelandwestairport.com
                                        29
You can also read