Waterford Airport set to face final barrier to ownership transfer

An Extraordinary General Meeting (EGM) has been called for the shareholders of Waterford Regional Airport Plc on Monday, April 20.

The EGM will see shareholders vote to wind up the company, allowing US oil billionaire Kelcy Warren to become the main proprietor of the airport under the guise of the newly formed ‘Waterford Airport Limited.’

A previous EGM in December 2025 began the path towards the company’s liquidation.

The decision to liquidate the company would require a 75% approval of the present shareholding. Deloitte’s James Anderson and Andrew Byrne would then be appointed as the company’s liquidators.

Shareholders will be asked to vote on two resolutions: (i) To approve the company’s liquidators and (ii) To authorise Waterford Airport chairperson Michael Walsh to take any such action deemed to aid the company’s liquidation.

In a letter sent to shareholders, Mr Walsh praised their commitment to the airport: “We, also, wish the new company the very best in its endeavours in building a genuinely viable Regional Airport for Waterford and the South-East Region,” the letter read.

“While this represents finality for shareholders and will be sad for many, we are satisfied that the intent of the visionaries who set out on the path of developing an Airport in Waterford so many years ago will be satisfied.

“We appreciate the goodwill and support of everybody throughout all of those years since the company's inception.” 

Mr Warren has been granted Foreign Direct Investment approval. His executive assistant, Brooke Seims, has been listed as a secretary for Waterford Airport Limited since January 20, 2026.

All liabilities of Waterford Regional Airport Plc have been discharged in recent weeks.

William Bolster, the largest shareholder in Waterford Regional Airport Plc and the key connect between Mr Warren and the board, has targeted an April start date for the beginning of the runway’s construction.

Summer 2027 has been outlined as the possible return of commercial flights to Waterford Airport following a decade-long hiatus.