Government Assistance
On 21 February 2007, the Government of Ireland announced that it was providing € 6.3 million in capital grant money for Galway Airport. In 2008 this allocation was reduced by 50-60% as a result of national budget cutbacks.
In June 2011 the Government announced that funding for Galway Airport will cease by December 2011. Currently Galway Airport requires €1.2 million to meet operating costs per year. The Government has stated that the decision was taken to consolidate the four other regional airports which will receive state funding for 2012.
Read more about this topic: Galway Airport
Famous quotes containing the words government and/or assistance:
“I heartily accept the motto, “That government is best which governs least”; and I should like to see it acted up to more rapidly and systematically. Carried out, it finally amounts to this, which also I believe,—”That government is best which governs not at all”; and when men are prepared for it, that will be the kind of government which they will have.”
—Henry David Thoreau (1817–1862)
“Holding myself the humblest of all whose names were before the convention, I feel in especial need of the assistance of all.”
—Abraham Lincoln (1809–1865)