Home » Tag Archives: Neil Pakey (page 2)

Tag Archives: Neil Pakey

Shannon to Heathrow capacity increased

Shannon Airport’s upward trend got another boost today with the announcement by Aer Lingus that it is to increase capacity on Heathrow by 20%. The airline will restore the Airbus 320 to the service, replacing the A319, which will add 25,000 seats for the winter season alone. Welcoming the announcement, Shannon Group plc CEO, Neil Pakey said, “We have been in communication with Aer Lingus for some time to restore the A320 on the service and are delighted that they have done this. “We have 35 destinations across 11 countries this year and this additional capacity on Heathrow is a real early summer season boost for us and our passengers. It endorses Aer Lingus’ commitment to the region and the airport, following on from their expansion of the Shannon Boston service from a 757 to a 767 aircraft from June to September this year. Mr Pakey said the increase in Heathrow capacity will give Shannon an additional 25,000 seats for …

Read More »

Charles and Camilla arrive at Shannon

THE Prince of Wales and Duchess of Cornwall were welcomed as they arrived in Ireland by Shannon Group Chairman Rose Hynes, CEO Neil Pakey, Chairman of the Joint Oireachtas Committee on Foreign Affairs and Clare T.D. Pat Breen and Deputy Cathaoirleach of Clare County Council Joe Cooney. Ms Hynes said that she took the opportunity to congratulate them on the birth of Princess Charlotte earlier this month. “We were delighted to welcome the Prince and Duchess here to Shannon and it was another very important day for us at the airport. Prince Charles was very relaxed and was looking forward to his visit. “He was very friendly and warm. He was only here for a brief time on arrival but I did get to congratulate him on the birth of his granddaughter Princess Charlotte. He was like any grandfather, very proud. He said ‘that’s so kind; it’s wonderful that it’s a girl’.” Prince Charles also noted in the conversation his …

Read More »

Profits rise at Shannon

PROFITABILITY at Shannon Airport “improved considerably” in 2014, a year in which passenger numbers also rose by 17%. That’s one of the messages from Shannon Group’s 2014 annual report, along with a commitment from Shannon Group chief executive, Neil Pakey, to correct what he called “historic underinvestment” at the airport and other facilities under the remit of Shannon Group plc. In the annual report, Mr Pakey outlined that “profitability of the airport has also improved considerably in 2014, with earnings before interest, taxes, depreciation and amortisation (EBITDA) of €4.6 million, an increase of 34% on 2013. This increase in profit was achieved in part through passenger growth and new routes, but also by managing cost efficiencies.” Mr Pakey added that work on lowering costs will continue this year, as will capital investment at the airport. “We will continue to address the operating cost base in 2015 and identify further cost efficiencies to ensure our sustainability and enable us to compete …

Read More »

Air cargo service to take off

EXPORTERS to the US are to benefit from the launch of Ireland’s only direct all-cargo air service to North America at Shannon.  Turkish Airlines has been granted permission to carry air cargo from Shannon to Chicago, starting immediately. In March, Turkish Airlines began making refuelling stops at Shannon for the first time. They will now operate a weekly Shannon-Chicago service on Fridays, through their cargo subsidiary Turkish Cargo, boosting options for Irish exporters of all sizes. The service will be operated with Turkish Cargo’s modern fuel-efficient Airbus A330F aircraft, which is the world’s most modern mid-size freighter and is capable of transporting cargo from high-value consumer goods to industrial equipment to thoroughbred horses. After the separation from the DAA, Shannon Group identified the development of an air freight hub as a major opportunity, as much of Irish air cargo exports now travel by truck to Britain because of a lack of suitable direct flights. Shannon Group CEO Neil Pakey said, …

Read More »

Shannon Heritage wins €7m Easter Rising contract

SHANNON Heritage has been appointed to operate and manage the €7 million GPO Witness History Interpretive Exhibition Centre. It’s a major coup for Shannon Heritage, which is part of the newly established Shannon Group, also encompassing Shannon Airport and Shannon Commercial Properties. It already operates attractions in Clare like Craggaunowen and Bunratty Castle and Folk Park. The contract was awarded following a competitive tender process, while the visitor centre is now under construction at the GPO. It is expected to attract up to 300,000 people a year following its opening at Easter 1916. Speaking about the contract award, Shannon Heritage CEO John Ruddle said, “Shannon Heritage is delighted to be involved with this nationally important project at the iconic GPO location. We have been managing visitor attractions for over 50 years and this new visitor attraction provides the company with a great opportunity to expand in the capital city and also play a vital role in the celebrations of the …

Read More »

Shannon cooking up a storm with Turkey

Shannon Airport has broadened its horizons for the summer sun holidays by confirming that Turkey is back, following confirmation of weekly charter services to the hugely popular Izmir. Sunway Holidays will put on services from May 23to September 19, carrying up to 6,000 additional passengers through Shannon to the sun-kissed city on the western tip of Anatolia this summer. Sunway are 100% Irish owned and the largest Tour Operator to Turkey from Ireland. The news comes after last week’s announcement by Shannon that it grew its passenger numbers by 17% in 2014 and is looking for further increases this year. The new charter will serve the resort of Kusadasi, which is one of the largest and best known of the Aegean Sea holiday resorts in Turkey and has been the most popular resort for Irish tourists for many years. It is a port city built along the shores of a bay. Cruise ships from all the around the world often …

Read More »
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 …

Read More »

Home for Christmas

FAMILIES were reunited, tears were shed and hugs swapped as emigrants returning for Christmas arrived at Shannon this week. On Monday afternoon, the Heathrow-Shannon flight was packed with people arriving home from various corners of the world, with dozens waiting in the terminal to greet them.   Michelle Davitt of Galway was at Shannon to collect her brother, who manages a restaurant in Washington. “He hasn’t been home for Christmas in 12 years, so it’s a long time. He has been home during summers and stuff, but not for Christmas,” she said. She was the only member of her family who knew he was coming, as his arrival was being kept as a seasonal surprise. Deirdre O’Rourke was waiting for her brother, Sean. “He’s coming from England and it’s the first time in 21 years he’s been home for Christmas. We’re really looking forward to it and we’re going to make a show of him.” When he stepped through the …

Read More »
error: Content is protected !!