FCM Travel echoes the DAA’s prediction that the passenger cap could cost the Republic €500 million in lost business. Photograph: Fran Veale
Now business travel between Ireland and Britain faces major disruption as a consequence, with small and medium-sized firms likely to come off worst, says global corporate specialist FCM Travel. “Travel is a necessity, not a discretionary spend, for corporates,” said Mr Hegley, adding that it was key to businesses finding new customers and growing. “Without lifting the current passenger cap, small businesses will feel the impacts the most,” he argued.
“Over one-third of Irish exports go to the UK and it’s an especially important market for small businesses who are looking to expand,” he said. No cap on DAA’s income as revenue from retail, food and drink, rents and car parks soars at Dublin and Cork airports
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