Irish property developers Comer Group International and Bolster Group are set to invest €30 million (£25.7 million) in the development of Waterford airport, in south-eastern Ireland.
The private investment will be matched by the government
Partly private and partly funded by central and local authorities, the investment is set to put the airport on the international flight map by delivering an extended runway, which will have the capacity to serve large and mid-size aircraft.
As part of the development plans, Waterford airport will operate services to summer and winter destinations, with London set to be the first.
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