Paul Sreenan SC emphasized the severe financial impact on airlines stating, "The airline expects to lose €84 million in revenue next year and up to €130 million in 2026 due to caps imposed by the IAA on traveller numbers." This highlights the significant economic consequences anticipated by the airlines as a result of these restrictions, underlining the urgency of their legal action to protect their operational rights and revenue streams.
He explained the critical importance of the take-off and landing slots, asserting, "80 percent of which must be availed of in a season to secure them again the next year. Airlines have a right under EU law to these 'historic' slots, and this 'deserves to be protected' but would be permanently lost if the cap takes effect." This underscores the potential long-term impacts on airline operations and the necessity of preserving these essential rights.
Sreenan further elaborated on the implications of the caps, noting, "If granted, the stay would only apply to the part of the recent IAA decision that limits passenger numbers to 25.2 million for the summer season that runs from late March and October." This statement reflects the targeted nature of their legal action and the specific operational constraints they are contesting.
In the context of the IAA's previous decisions, it was pointed out, "The IAA is responsible for identifying and allocating an airport's maximum available capacity in a fair and transparent way in line with an EU regulation." This highlights the regulatory framework within which the IAA operates and stresses the complexities involved in airline capacity planning in compliance with EU laws.
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