80 new jobs have been announced for Shannon.
Aviation company Shannon Technical Services was founded in 2019 and currently employs 40 people at its base the Shannon Free Zone.
The new roles across Operations, Commercial, Administration and Aviation Technical Services will come on stream by the end of 2023, with 57 of those positions supported by Enterprise Ireland.
Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar has described today’s announcement as a vote of confidence in the sector.
The company’s services include management of aircraft transitions, redeliveries, CAMO, engine management, and materials and logistics management for global aircraft lessors and airlines.
It will increase headcount to 60 by the end of 2021, 100 by the end of 2022 and upwards to 120 by 2023.
As part of the controlled expansion, Shannon Technical Services (STS) will also be opening a new office in Dublin.
Ben Whelan, Founder and CEO of Shannon Technical Services stated, “Shannon Technical Services is the most trusted global aviation technical services partner and the foundation to the company’s success lies in its people. As we begin to recover from these turbulent times for society and in particular for the aviation sector, we feel privileged to be expanding and providing attractive job opportunities in Shannon and at a new office that we will be opening in Dublin. The aviation industry has demonstrated resilience many times in the past and I’m confident that it will, once again, bounce back.”
Julie Sinnamon, CEO of Enterprise Ireland said, “In just a little over two years in operation, the highly experienced team at Shannon Technical Services has built an early stage company into a global market leader in its field. We are proud to have supported the new jobs announced today and are delighted at the positive news for the company.
“Ireland is a global leader in aviation and the creation of these new jobs demonstrates that Irish innovation and enterprise in the sector continues to thrive on a global scale, despite the very challenging and uncertain market circumstances. We look forward to continuing to work with Shannon Technical Services and wish the team well in their future endeavours.”
The company was first to the market in May 2020 with a dedicated state of the art Aircraft Records HUB at its 20,500 square feet modern specialist facility in Shannon. The company won two significant global tenders for the Aircraft Records HUB from 2 of the top 5 global lessors. The company’s turnover has increased by fourfold from 2019 to 2020 and is expected to more than double from 2020 to 2021.
