New Year Brings Historic Independence for Shannon

Shannon Airport’s ties with the Dublin Airport Authority will offically come to an end today.

A legislative order which will see Clare’s International Airport fly solo comes into affect at midnight.

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Earlier this month the government formally announced its plans to seperate Shannon Airport from the Dublin Airport Authority and see it merged with a restruced Shannon Development to form a new independent entity.

Over 800 new jobs have already been secured as part of plans for an International Aviation Services Centre – and further details on that are expected early in the new year – while up to 3 and a half thousand positions are expected to be created by the centre within five years.

Newquay woman Rose Hynes – who chaired the Aviation Business Development Task Force which drafted Shannon’s new plan – is set to head up the new independent company and the board is expected to include a worker representative.

The news has been broadly welcomed by all the stakeholders in the region with the only real fly in the ointment – the loss of Aer Rianta International which will remain within the DAA- However transport Minsiter Leo Varadkar insists the trade off will see Shannon Aiport starting on debt free basis with operating funding expected to come the property portfolio from Shannon Development .