Tag Archives: industry

Owen Ryan SHANNON Development has applied for planning permission to demolish buildings of over 8,000 square metres in size. In the application to Clare County County Council, it has sought planning for the demolition of existing light industrial and office buildings of approximately 8,050 square metres and permission to clear the site at Block C, Shannon Free Zone. The size of the site is 1.33 hectares and a decision on the application is due by May 1. Asked about the plans for the future of the site, Shannon Development said, “The work we are carrying out at Shannon Free Zone are part of our strategy to position this area of the zone for redevelopment, with a view to developing this site in the future.” Many of the buildings at the Free Zone are relatively old at this stage and have fallen into some disrepair. Also this week, Shannon Airport Authority have applied for planning permission for the demolition of five …

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 …