The Clare Champion Clare news, sport, entertainment and local notes
AERCAP, a Dutch company which employs 50 people in Shannon, is about to complete the acquisition of International Lease Finance Corporation and plans to re-domicile billions of euro worth of assets to Ireland. The company, when contacted on Wednesday, wasn’t in a position to say how the move would impact on its Shannon operations. When the separation of Shannon from the Dublin Airport Authority was announced last December, it was predicted that 3,000 to 5,000 jobs would be created within five years in aviation related industries. On Tuesday, Patrick Edmond, director of Group Strategy for Shannon and managing director of the Shannon International Aviation Services Centre, tweeted a link to a news story on the plans to re-domicile the ILFC fleet to Ireland, which is understood to include 1,000 planes. He also tweeted a correction regarding another news story, which stated that Aercap is Dublin-based rather than Shannon-based. Ratings agency, Fitch released a statement about the takeover on Monday, which …
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