Shannon Technical Services, an Irish-owned aviation company based in Shannon, Co Clare, has announced that it will create 80 jobs by the end of 2023.
The aviation company employs 40 people at its Shannon office and has utilised more than 130 aviation technical consultants globally in Q1 2021. It will increase headcount to 60 by the end of 2021, 100 by the end of 2022, and upwards to 120 by 2023.
New office in Dublin
The new roles will be across operations, commercial, administration and aviation technical services. As part of the controlled expansion, Shannon Technical Services (STS) will also be opening a new office in Dublin.
A total of 57 of the jobs are supported by Enterprise Ireland.
L- R: Don Salmon, COO at Shannon Technical Services; Catherine Hogan, senior regional development executive at Enterprise Ireland; Philip Bartlett, head of CAMO at STS; Louise Tully, CFO at STS; Gary Dillon, CCO at STS; Ben Whelan, CEO at STS; Lucia Hyde, CPO at STS
Founded in February 2019, the company’s services include management of aircraft transitions, redeliveries, CAMO, engine management, and materials and logistics management for global aircraft lessors and airlines.
Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar TD said: “COVID-19 has had a devastating impact on the aviation sector. The government is determined to help the industry recover and rebuild once the pandemic is over.
"This expansion by Shannon Technical Services, creating 80 new jobs in Shannon and Dublin by the end of 2023, is a great vote of confidence. Congratulations to the team involved. I wish them every success as their business continues to grow.”
Ben Whelan, founder and CEO of Shannon Technical Services said: “Shannon Technical Services is the most trusted global aviation technical services partner and the foundation to the company’s success lies in its people.
Attractive job opportunities
"As we begin to recover from these turbulent times for society and in particular for the aviation sector, we feel privileged to be expanding and providing attractive job opportunities in Shannon and at a new office that we will be opening in Dublin. The aviation industry has demonstrated resilience many times in the past and I’m confident that it will, once again, bounce back.”
Julie Sinnamon, CEO of Enterprise Ireland said: “In just a little more than two years in operation, the highly experienced team at Shannon Technical Services has built an early stage company into a global market leader in its field. We are proud to have supported the new jobs announced today and are delighted at the positive news for the company.
“Ireland is a global leader in aviation and the creation of these new jobs demonstrates that Irish innovation and enterprise in the sector continues to thrive on a global scale, despite the very challenging and uncertain market circumstances. We look forward to continuing to work with Shannon Technical Services and wish the team well in their future endeavours.”
The company was first to the market in May 2020 with a dedicated state of the art Aircraft Records HUB at its 20,500-sq-ft modern specialist facility in Shannon.
The company won two significant global tenders for the Aircraft Records HUB from 2 of the top 5 global lessors. The company's turnover has increased by fourfold from 2019 to 2020 and is expected to more than double from 2020 to 2021.