Further Developing Shannon as a Key Location for the Aerospace Sector

Niall Harris 18.02.2016

Yesterday was a red letter day in the history of the Shannon Group as IASC, with Morgan McKinley as a key sponsor hosted a major business and networking event in Dromoland Castle.

Yesterday was a red letter day in the history of the Shannon Group as IASC, with Morgan McKinley as a key sponsor hosted a major business and networking event in Dromoland Castle. The event, entitled “ A Strategic Introduction of the Shannon Region to the UK Aerospace Industry”  explored new opportunities for strategic collaboration and bilateral trade.  

The Shannon Group was established in September 2014, and at its heart is the international Aviation Services Centre ( IASC). The aim is to build a globally relevant aerospace cluster, on the foundation of Shannon’s strengths in leasing, MRO, corporate aviation, logistics, and training. Morgan McKinley partner with IASC in providing market intelligence, talent, and sponsorship to existing and potential local aerospace members.  Indeed, we also provide key   information to start-ups in the region.

Currently, nearly 50 aerospace companies, employing over 1600 staff, call Shannon home in a number of key areas such as 

•    Aircraft technical support
•    Aircraft maintenance, repair and overhaul
•    Aircraft recycling
•    Corporate and business aviation services
•    Aviation-related training, skills and education

Yesterday’s event was attended by many of  Morgan McKinley’s clients and IASC’s members including Private SKY, Aercap, Lufthansa, GECAS,  Atlantic Aviation and Entry Point North. Over 40 delegates from UK based Aerospace companies also attended.  Attendees included Bombardier, GE Aviation, GKN Aerospace and Aerospace Wales. 

As a main sponsor and partner to IASC, Morgan McKinley, produced a key report providing market intelligence on the Shannon based regional skills pool, salary information, local R&D capability and University linkages.  Other content included key local differentiators including cost of living and quality of life factors in the Mid-West.

Speakers on the day included John Clancy, Strategic Business Development Manager, IASC.  John spoke about potential new opportunities for strategic collaboration and bilateral trade between Shannon and the UK.   Key elements included, experienced local talent pool, industry expertise and Shannon’s rich history in the sector. Ian Watson provided an overview of the ADS, UK, while Brian Conroy, Senior Vice President of Engineering and Industrial Technologies with the IDA highlighted the strengths of the Aerospace sector with Ireland being the number one country for leasing.  John Burke, Vice President and Head of Technical EMEA, AerCap, provided a fantastic case study  on the MRO from a lessors perspective.

The afternoon concluded as delegates from Shannon and UK based aerospace companies shared business ideas and explored potential commercial opportunities. A key part of Morgan McKinley’s philosophy is to engage and partner with local and government agencies in attracting companies to Ireland and this event aligned itself perfectly with this strategy.

For further information on the event or other recruitment needs, please feel free to contact me via my details below.

Niall Harris's picture
Regional Manager | Accounting & Finance
nharris@morganmckinley.ie