President signs Shannon Group Bill into law

President signs Shannon Group Bill into law

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Shannon-Airport-LogoThe Shannon Group Bill has been signed into law by President Michael D. Higgins paving the way for the formal establishment of Shannon Group.

The Group combines Shannon Airport with the property ownership and management activities of Shannon Commercial Enterprises Limited, Shannon Heritage and the International Aviation Services Centre (IASC), which builds on the aviation related activities already located at the Airport and in the Shannon Free Zone area.

Welcoming the announcement Rose Hynes, chairman Shannon Airport said: “The separation of Shannon Airport in January of last year and the enactment of the Shannon Group legislation are critical steps in a process that will now allow us to drive forward with our ambitious plans for Shannon Group. The establishment of Shannon Group will now take place in the coming weeks.”

Commenting on the announcement Shannon Group CEO Neil Pakey: “The signing into law of the Bill marks an exciting new beginning for the strategic business units within the Shannon Group and we look forward to the challenges ahead.”

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