1st April 2022
MRO
AAG marks formal integration of Lufthansa Technik Shannon
Atlantic Aviation Group marks formal integration of former Lufthansa Technik Shannon operations
AAG adds 300 staff to existing workforce of 436 – an increase of nearly 70%
The Atlantic Aviation Group (AAG) is today delighted to mark the formal integration of the operations of the former Lufthansa Technik facility in Shannon, Co. Clare.
The move sees AAG’s workforce increase by nearly 70%, with more than 300 workers joining AAG’s existing staff of 436 based in both Shannon and the UK.
AAG announced that it had acquired the Lufthansa Technik Shannon business from the company’s German parent Lufthansa Technik (AG) in October 2021.
The acquisition follows AAG’s acquisition of the FlyBe Aviation Services business in Brize Norton, UK in June 2020, positioning AAG as one of the largest MRO companies in Europe.
The integration of the new business was formalised following the granting of EASA Part 145 approval from the Irish Aviation Authority – which allows AAG to conduct maintenance on aircraft under new ownership.
Commenting on today’s announcement, AAG Chief Executive Shane O’Neill said:
“This is a landmark day in the history of AAG and Irish aviation. We’re proud to be expanding our offering, both to the local community in terms of the numbers that we’re employing here in Shannon, and to our customers through the addition of another 300 highly-skilled staff.
“The process of integrating this business into our company has been a remarkable success and we’re excited about the bright future our staff’s collective talents will no doubt bring about.”
AAG was acquired in April 2015 by Patrick Jordan. Commenting, Mr. Jordan said:
“Today is a proud, exciting and joyful day for AAG as we look to the future and cementing our position as one of the world’s very best aviation solutions companies. In welcoming our new colleagues, we have some of the finest people and skills and the ambition to be the best.”
Despite the challenges facing some parts of the aviation sector during the Covid-19 pandemic, AAG has strategically developed its customer base, international reach, and the breadth of its boardroom expertise.
As one of Europe’s leading independent aviation organisations, it offers services in Maintenance, Repair and Overhaul, Aircraft Modifications, Continuous Airworthiness Management, Aviation Training and Defence Services.
Customers include DHL, Ryanair, ASL Airlines, Star Air, TUI Group, Jet 2, and major aircraft lessors such as GECAS, Aer Cap, Bank of America, SMBC, BBAM, Seraph, Aergo and Avolon.