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Tag Archives: business

Heathrow slots absolutely critical for region

Transport Minister, Paschal Donohoe declined to give assurances about the future of Shannon’s Heathrow slots, but he did say in the Dáil this week that maintaining Ireland’s connectivity is a priority. Asked about the prospects of an IAG takeover of Aer Lingus by Clare and Limerick TDs, the minister said, “Currently, no formal offer has been made to Aer Lingus shareholders. That said, I wish to make clear that should such an offer be made, we will take great care and exercise great caution in examining the pros and cons to Ireland of such an offer. “We will bear in mind the same issues we considered when faced with previous takeover bids. We will consider the impact any change in ownership of Aer Lingus would have on the connectivity of Ireland, which connectivity is vital to our economy and our society. We will consider the impact it would have on competition for passengers to and from Irish airports and we …

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Shannon airport

Shannon Airport turnaround accelerates

SHANNON Airport saw passenger numbers increase by 17% in 2014, as its recovery continues. The total number of passengers went from 1.4 million in 2013 to 1,639,315 in 2014. Such an increase is very welcome at an airport, whose survival was in doubt just two years ago. In 2012, Shannon had just 1.394 million passengers, the lowest number since 1988. After its separation from the Dublin Airport Authority, the numbers kept falling in the early months of 2013, before beginning to move in the right direction in the second half of the year, with the overall figure slightly ahead of 2012. In 2014 the recovery picked up momentum, with 10 new destinations and 16 service enhancements. Following a deal with Ryanair, most of the 2014 growth was on European routes, with nine new destinations delivering a 70% increase in passengers. While the new services included some sun destinations, there were also high numbers of inbound visitors following the return of …

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Another award for Shannon Airport

SHANNON Airport has rounded off a successful year on a high after being named among the award winners at the InBUSINESS Editor’s Choice Awards in association with Chamber’s Ireland. The airport, in its second year as an independent entity, won the Best Newcomer title at the third annual awards ceremony, which was held in Dublin. The awards recognise and honour exceptional business achievement and innovation in Ireland and winners are selected based on growth, profile of business, range of services and customer care. Earlier this year Shannon landed its most significant industry award ever, when it won the overall Airport Achievement Award at the inaugural Irish Aviation Industry Awards. Shannon CEO Neil Pakey said that 2014 has been an extremely successful year. “We’ve had a really strong year on so many fronts, not least with the continued growth of passenger numbers at Shannon and the finalisation of the Shannon Group. We’ve got a lot of recognition for this through international …

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McNamara wants Shannon-Heathrow slots safeguarded

CLARE TD Michael McNamara has written to Transport Minister Pascal Donohoe regarding possible threats to Shannon’s Heathrow slots. In the letter, sent on December 19, he stated, “I note reports in today’s media quoting you as having said the Government remains “open to the sale” of its stake in Aer Lingus in the context of the takeover approach from British Airways’ owner, IAG. “I would appreciate assurance that any sale by the Government would be contingent on maintaining Heathrow slots for Shannon flights and that this would be legally binding in the event of a sale. Maintaining connectivity from Shannon to London and beyond via Heathrow is key to the economic future of the Mid West an area that has not yet benefited as much as others from the recovery underway across our country.” While Shannon has had a sometimes difficult relationship with Aer Lingus, there is no doubt that the airline’s Shannon-Heathrow route is very important to business in …

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Shannon sees 26% growth in November

SHANNON has recorded another month of growth after terminal passenger results for November showed a 26% increase on November 2013, up from 77,002 to 97,292. In keeping with trends from the summer season onwards, the biggest increase was in European traffic, with November passenger numbers growing from 7,121 last year to 20,883 this year, up by almost 200%. A range of new services secured for the winter schedule, including Berlin, Fuerteventura, Krakow, Paris and Warsaw, were responsible for much of this growth. Transatlantic passenger figures also reflected the strenghened services, with a daily Boston and six times weekly JFK New York service. Transatlantic passenger numbers showed a 15% increase on November 2013 with 2,583 additional passengers. Britain is the airport’s biggest market, and there was a 7% increase there, resulting in 3,460 more passengers. Welcoming another month of growth, Shannon CEO Neil Pakey said, “The addition of the new services on our winter schedule is reaping a strong return. We …

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Element Six adding 40 jobs and more may follow

ELEMENT Six are taking on another 40 staff in Shannon and say that there is likely to be scope for further growth due to a €25 million capital investment and the relocation of €20 million of assets to the Shannon plant. Five years ago the company announced redundancies and the overall number of Shannon employees dropped to 250. However it has since rebounded to around 360 and is now set to hit 400. Walter Huhn, Chief Executive of Element Six, was in Shannon on Wednesday and he said that the painful cost cutting measures introduced in Shannon have secured the future of the plant, and led to a situation where it is now expanding again. “We started the restructuring in Shannon five years ago with a very clear focus on what we wanted to achieve, what we had to achieve because the global market was changing and the competitive environment was changing. We had to be even more of a …

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Shannon airport

Stobart Air confirms withdrawal of all Shannon services

STOBART Air has announced that it will end its Shannon based services from January 5. The airline currently operates routes to Bristol, Birmingham and Edinburgh. While it had been known that Stobart was closing its Shannon base there had been hopes that it would continue operating services to the Clare airport, even though aircraft or staff wouldn’t be based there. Some weeks ago the Shannon staff had been offered the option of a transfer or redundancy. Stobart Air has said that passengers with bookings for flights post January 5 will be contacted by the airline in the coming days and will be rebooked on Aer Lingus flights from other airports or given a full refund. A spokesperson for Stobart Air said, “This is a regrettable decision and not one taken lightly. Shannon does not fit with our current strategic plan, and we have to make the right long term choices for the airline. “We regret any adverse impact this may …

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Alec steps into the Chamber

FORMER Clare county manager, Alec Fleming has taken over as interim CEO with Ennis Chamber of Commerce, while Rita McInerney takes a year’s career break. Paddy Darmody, president of Ennis Chamber, welcomed the new interim CEO and said he is looking forward to working with Alec, in what promises to be a very busy year for the Chamber. “Ennis is recovering from a very deep recession and I am confident that Alec’s experience and expertise will be of great benefit to the Chamber and the town in the challenging year ahead” said Paddy. “I’m delighted to step in as interim CEO, while Rita is away,” Mr Fleming said. A public servant for 30 years, he retired from the top Clare public service job in 2009 and has been working in private industry as a consultant. A Tipperary native, Alec received his second-level education in St Flannan’s, before beginning his public service career, and has been living in Ennis since 2002, …

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