The Shannon Airport Group, which owns and operates Shannon Airport and a significant property portfolio at its Shannon Campus, has celebrated its 10th anniversary.
A decade on, Shannon Airport is on track to handle over 2 million passengers for the first time since 2009, while over €178m has been invested across the airport and commercial property business as part of the Group’s development strategy.
An independent report on The Shannon Airport Group, published by Oxford Economics in 2023, found that the Group annually contributes almost €4bn to Ireland’s economy, while supporting over 20,300 jobs and contributing €643m in tax revenues.
The airport, operating to 33 destinations across Europe, the UK and the US, has been boosted considerably by Delta Air Lines new service to New York-JFK which began earlier this summer, as well as additional frequency on nine of its most popular summer sun destinations, including Alicante, Faro and Lanzarote.
Shannon remains the only airport along the Wild Atlantic Way route to offer transatlantic flights to New York, Newark, Boston and Chicago. Additional capacity has been added on many of the popular routes for Winter ’24/’25.
Shannon remains one of only two airports in Europe to offer Preclearance to US-bound passengers, while the introduction of a new Mobile Passport Control app (MPC) in February of this year, has further streamlined this process with passengers now able to complete part of the preclearance process prior to their arrival at Shannon Airport.
Shannon Airport is also crucial in rebalancing Ireland’s aviation landscape, having capacity to ease congestion at Dublin Airport, enhancing connectivity, and supporting the Government’s goal of a balanced regional economy.
Over the past 10 years, The Shannon Airport Group’s commercial property business has experienced remarkable growth, solidifying its reputation as a premier hub for a variety of industries. Central to this success is the Shannon Airport Business Park, located on the expansive Shannon Campus. As the largest multi-sectoral business park outside of Dublin, the Business Park is a thriving ecosystem that hosts over 300 companies.
Mary Considine, CEO of The Shannon Airport Group said: “As we celebrate the 10th anniversary of The Shannon Airport Group, we reflect with immense pride on our progress and achievements over the past decade. From the significant growth at Shannon Airport, with this year set to be the busiest year at the airport since 2009, to investing over €178 million in infrastructure and property upgrades, we are very proud of our journey to date.
“We are more than just an airport, we are driving tourism, trade and economic growth. The economic impact of the Group was nearly €4 billion according to the most recent report by Oxford Economics, while we also support 20,300 jobs in the Midwest, underscoring the significant role we play in driving the region forward.
“This success would not have been possible without the unwavering support of our incredible team, our valued customers, our dedicated partners, Government and all the other stakeholders who have supported our journey. This spirit of collaboration has been the foundation of our success, and I wish to extend my gratitude to everyone who has played a part in our story so far.
“Looking to the future, we are more committed than ever to continuing our legacy of innovation, sustainability, and economic development, ensuring a brighter, greener future for the Midwest region and beyond.”