New hangar facilities on cards for Shannon

The construction of new hangar facilities at Shannon could begin as early as 2013 as part of determined efforts to attract aviation business to the soon-to-be independent airport.

Shannon-based Fine Gael senator Tony Mulcahy has been told by the Department of Finance of a seven-year accelerated capital allowance scheme which will promote the construction of certain aviation-specific facilities in Shannon.

Mr Mulcahy said “significant movement is likely in the development of new hangar facilities” at the airport once its scheduled separation from Dublin Airport Authority (DAA) takes place on Dec 31.

The new entity, which will include the airport and surrounding landbank, will be tasked with developing an international aviation centre of excellence.

Mr Mulcahy said: “It is abundantly clear from a report prepared by the management of Shannon Airport and assessed by KPMG, that the viability of Shannon Airport and surrounding businesses cannot be justified through passenger growth alone.

“By introducing a capital allowance scheme, the Government is underlining its commitment to marketing Shannon as a one-stop-shop for all airline needs, including use of hangars to house aircraft and pilot-training, but primarily for the aircraft maintenance, repair and overhaul sector.”


Lifestyle

Another episode, another incredible Cork woman. The tale of Mother Jones, the famous union organiser and activist against child labour in 19th century America.Five things for the week ahead: RTÉ showcase another incredible Cork woman

Holger Smyth part-owns and runs Inanna Rare Books, which has recently opened a ‘rare book lounge’ at the former Hawthorn creamery near Drimoleague, Co Cork.We sell books: Cream of the book crop sold from former co-op

Milton Jones talks hecklers, Hawaiian shirts and the world’s favourite clever Irishman with Richard FitzpatrickMilton Jones: When one line will do just fine

After almost 70 years of trying the search goes on, but so far nothing has been found.Sky Matters: Whether we are alone in the Universe has exercised many great minds

More From The Irish Examiner