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16/10/2021

BREAKING: Shannon-based company announces plans to triple its workforce

BREAKING: Shannon-based company announces plans to triple its workforce

Shannon Technical Services will create the new jobs by the end of 2023

Shannon Technical Services, an Irish-owned aviation company based in Shannon, has announced it will create 80 new jobs.

The new positions, 57 of which are supported by Enterprise Ireland, will be filled by the end of 2023.

STS currently employs 40 people at its Shannon office and has utilised over 130 aviation technical consultants globally during the first quarter of 2021.

It will increase headcount to 60 by the end of 2021, 100 by the end of 2022, and upwards to 120 by 2023. The new roles will be across Operations, Commercial, Administration and Aviation Technical Services. As part of the controlled expansion, Shannon Technical Services will also be opening a new office in Dublin.

Welcoming the announcement of the expansion, Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar, TD said: "Covid-19 has had a devastating impact on the aviation sector. The Government is determined to help the industry recover and rebuild once the pandemic is over. This expansion by Shannon Technical Services, creating 80 new jobs in Shannon and Dublin by the end of 2023, is a great vote of confidence. Congratulations to the team involved. I wish them every success as their business continues to grow.”

Founded in February 2019, the company’s services include management of aircraft transitions, redeliveries, CAMO, engine management, and materials and logistics management for global aircraft lessors and airlines.

Commenting on the jobs announcement, Ben Whelan, Founder and CEO of Shannon Technical Services said: “Shannon Technical Services is the most trusted global aviation technical services partner and the foundation to the company’s success lies in its people. As we begin to recover from these turbulent times for society and in particular for the aviation sector, we feel privileged to be expanding and providing attractive job opportunities in Shannon and at a new office that we will be opening in Dublin. The aviation industry has demonstrated resilience many times in the past and I’m confident that it will, once again, bounce back.”

Julie Sinnamon, CEO of Enterprise Ireland added: “In just a little over two years in operation, the highly experienced team at Shannon Technical Services has built an early stage company into a global market leader in its field. We are proud to have supported the new jobs announced today and are delighted at the positive news for the company."

STS was first to the market in May 2020 with a dedicated state of the art Aircraft Records HUB at its 20,500 square feet modern specialist facility in Shannon. The company won two significant global tenders for the Aircraft Records HUB from two of the top five global lessors.

The company's turnover has increased by fourfold from 2019 to 2020 and is expected to more than double from 2020 to 2021.

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