the extended runway was to be in place by summer 2009 and capable of handling large jet aircraft, including the Airbus A320 and the Boeing 737. The fully upgraded and remodelled connecting regional road R708 from Waterford city to the airport was completed in early July 2008, reducing the journey time from Waterford city centre to the airport to 10 minutes at off-peak times, and from the outer ring road, R470, to the airport to 5 minutes. Passenger numbers through Waterford Airport slumped in 2009, owing to the suspension of routes to Bordeaux, Faro, Málaga and Amsterdam, and to service reductions on routes to Birmingham, London Luton and Manchester. Overall passenger numbers from the UK fell by 9%. 2010 to present In February 2010, an Economic Impact Assessment of Waterford Airport was published, which highlighted the importance of the airport to the South East Region. Noel Dempsey, the Minister for Transport, announced on 9 March 2010 that owing to difficulties with public finances there would be no funding for the runway extension at the airport, and that security and safety were priorities "in the current financial climate". In November 2012, Aer Arann announced it would terminate all its routes from Waterford. The airline operating under Aer Lingus Regional suspended its service to London Southend, London Luton and Manchester on 6 January. On 12 August 2013, it was reported that a 150m extension of the runway would be funded by the Department of Transport up to a limit of €400,000. The airport itself would have to raise the remaining €850,000 for it to take place. VLM Airlines announced it would terminate its flights to London Luton at short notice by 13 June 2016, leaving Waterford Airport without any scheduled traffic. In June 2017, after a year without commercial flights a new airline Aer Southeast announced three new year round services to London Luton and Manchester and Birmingham. Although 18 months after the announcement the airline shut down due to a licensing issue. A €12 million plan was announced in June 2019 to extend the airport's runway by 850 metres and revamp the airport. Minister for Transport Shane Ross was to give the airport €5 million once the extended runway was confirmed and ready for service. Local corporations such as Glanbia, Coolmore Stud and Dawn Meats pledged a total of €5 million with €2 million from local authorities. The extended runway would