300 jobs secured and expansion on the horizon as AAG acquires Lufthansa Technik Shannon
- Significant investment in Shannon’s aviation
- 300 jobs secured
Fianna Fáil Spokesperson on Tourism and Aviation Cathal Crowe has welcomed the announcement today that the Atlantic Aviation Group has acquired Lufthansa Technik Shannon – securing 300 jobs at the facility.
Today’s announcement has also been confirmed by AAG to be of strategic importance in terms of future growth and expansion of their operations in Shannon.
“This is a massively welcome development for not only the Atlantic Aviation Group but also Shannon Airport and aviation in the Midwest as a whole,” said Deputy Crowe.
“It’s been four months since Lufthansa Technik began carrying out a review of its Shannon operations – a move that was a huge concern to all with a vested interest in aviation in the Midwest.
“Prior to the Covid-19 pandemic, some 500 workers were employed by the firm in Shannon – this now stands at around 300, with all of these employees to come under the AAG umbrella once the acquisition is complete.
“Both companies will now spend the remainder of the year ensuring a clean and smooth transition into the new era for AAG.
“Today’s announcement is significant in terms of what it means for aviation in the Midwest.
“AAG is now by far the largest MRO (maintenance, repair and overhaul) operator in the country and to have that based here on our doorstep is hugely valuable.
“I am particularly interested in AAG’s future growth plans, as highlighted in today’s announcement, and I look forward to working directly with the management team in terms of assisting in any way possible to ensure that this growth takes place in Shannon and the Midwest.”