HUNDREDS of jobs are expected to be created at Shannon Airport following the announcement that US company Lynx is to develop a new global air freight hub at the airport.
In a statement, the Dublin Airport Authority says Lynxs is planning to construct a new temperature controlled freight logistics facility at Shannon with infrastructural support from DAA.
This new state-of-the-art facility will now be marketed to both existing freight and logistics companies at Shannon and to potential new customers both domestically and internationally.
The signing of heads of agreement confirms the commitment of both parties to the project and enables Lynxs to move to the next phase of its due diligence process.
“We are delighted to have signed heads of agreement with Lynxs, as this enables them to move to the next stage of the project and begin detailed due diligence,” said DAA Chief Executive Declan Collier. “We wish them every success in this process and will continue to work with Lynxs to agree a final binding agreement for the new Shannon cargo facility over the coming months.”
The new cargo hub will provide significantly improved facilities for Shannon’s existing cargo businesses and will radically re-position the airport’s cargo capabilities.
The Lynxs facility will include chilled, frozen and heated areas for cargo which would enable Shannon to bid for more high value, high volume freight business.
Shannon Airport Authority (SAA) Chairman Brian O’Connell also welcomed the signing of the heads of agreement by DAA and Lynxs. “Lynxs will give Shannon Airport an excellent opportunity to exploit its central location between the major economies of the US, Europe and Asia and to develop as a significant cargo destination,” Mr O’Connell said.