DAA Covers Directors’ Perks: Platinum VIP Terminal Access and Free Car Parking at Dublin Airport

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DAA Covers Directors’ Perks: Platinum VIP Terminal Access and Free Car Parking at Dublin Airport

The Dublin Airport Authority (DAA) has acknowledged its role in covering the tax liabilities associated with directors’ perks. This includes access to the exclusive Platinum VIP terminal and complimentary car parking services at Dublin Airport.

Directors’ Perks and Benefits

In the previous year, DAA board members received compensation totaling €205,000. In addition, they enjoyed benefits amounting to €63,858, primarily from the use of airport facilities.

Details of Perks

  • Platinum VIP Terminal Access: Directors benefit from the exclusive services provided at the private terminal.
  • Car Parking: Free parking is available for board members.

These benefits provide significant advantages to directors, adding to their overall compensation package. The decision to cover the tax liabilities emphasizes DAA’s commitment to its leadership team.

The financial details reveal the extent of the perks provided to the directors, prompting discussions regarding corporate governance and accountability. The provision of such high-value benefits raises questions about transparency and the appropriateness of these expenses.

DAA’s actions reflect broader industry practices concerning executive compensation and benefits, highlighting the interplay between corporate governance and director remuneration.