Major €30m investment announced for Shannon airport
It welcomed over 2.1m passengers in 2024, up over 7% on 2023, its best year in 15 years
THE SHANNON Airport Group enjoyed strong growth in 2024 and will advance its investment strategy as projects costing €30 million will commence or progress in 2025. This will include two new R&D engineering/manufacturing units totalling 103,000 sq ft in the Shannon Airport Business Park.
Plans are also underway for the development of a new 40,000 sq ft R&D unit expected to commence in late 2025. The airport will continue with the modernisation of the airport terminal, focusing on creating a more efficient modern airport while enhancing the overall travel experience for passengers.
Shannon Airport welcomed over 2.1 million passengers in 2024, an increase of over 7 per cent on 2023 results.
Commenting on the results, Mary Considine, CEO, The Shannon Airport Group said: “2024 has been marked by significant milestones, new partnerships, and continued excellence in customer service.
“Shannon Airport's strong performance in 2024 highlights its potential to further stimulate the national economy. We urge the new Government to urgently develop a new national aviation policy prioritising sustainable growth across all state airports, by fully utilising capacity in the regions, reducing reliance on Dublin Airport and ensuring Shannon Airport's permanent inclusion in the Regional Airports Programme to support national growth.”
The Group continues to prioritise sustainability initiatives. Work has commenced on a 1.2-megawatt solar PV farm, the first PV farm to be developed on an airfield in Ireland.
This will be completed by summer 2025 and once operational will deliver between 15-20 per cent of the airport’s electricity requirement.
Shannon Airport's success in 2024 was driven by a strong performance across its 33 routes to 11 countries, and Delta's return to New York JFK, combined with additional frequencies. There was more good news with a direct flight to Madeira announced for summer 2025.