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Tag Archives: hangar

EU blows aviation incentives off radar

Government plans to create thousands of jobs in a potentially lucrative business at Shannon Airport hang in the balance, after the European Commission vetoed a special tax incentive scheme designed to attract major international investors. The Government has been forced to start new negotiations with EU authorities to try to come up with an amended tax break plan, which was a flagship project that was earmarked to generate thousands of jobs, by facilitating the construction of aircraft maintenance hangars and ancillary facilities in Shannon. The decision has been described as a “disappointing set-back” and a “serious blow” by Fianna Fáil Deputy Timmy Dooley, who hopes efforts will continue to ensure the revised plan will be successful. However, Fine Gael Deputy Pat Breen believes this move does not jeopardise Shannon Airport’s efforts to develop an international aviation centre and will, in fact, “probably put Shannon in a stronger position”. Deputy Dooley expressed concern the revised tax incentive package would be much …

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Shannon’s hangar expansion programme

SHANNON Airport’s decision to expand its programme of hangar development has the potential to lead to significant growth in the aircraft maintenance, repair and overhaul (MRO) sector as well as the composites industry throughout the Mid-West Region, Senator Tony Mulcahy has stressed. The Shannon-based senator was reacting to the announcement by Shannon Airport that it is to embark on a programme of new hangar development after achieving full occupancy of its existing capacity. He said the new development will help Shannon to position itself as “a one-stop-shop for all airline needs”, including use of hangars to house aircraft and pilot-training, but primarily for the MRO sector. “It is clear that the future viability of Shannon Airport and surrounding businesses cannot be justified through passenger growth alone, and that the development of ancillary aviation business is key. “The level of existing use of aviation-specific hangars along with the planned construction of a new hangar means that Shannon Airport is working towards establishing …

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