Dublin Aerospace to get new chief executive
Published 17/11/2015 | 02:30
Dublin Aerospace, the aircraft maintenance firm founded by former Ryanair executive Conor McCarthy, is on the hunt for a new chief executive.
Donal Rogers has held the role since 2010. Prior to joining, he was chief executive of VivaAerobus in Mexico, where he had also been chief financial officer. Declan Ryan is an investor in the Mexican low-cost carrier.
Mr Rogers was previously the deputy chief executive of Turkey's Pegasus Airlines. Mr McCarthy is also on the board of Pegasus.
Mr McCarthy has been executive chairman at Dublin Aerospace since it was founded.
The company's backers include AirAsia founder Tony Fernandes, an airline Mr McCarthy helped to launch.
Dublin Aerospace began operations soon after SR Technics closed its maintenance facility at the capital's airport.
In the year to the end of September 2014, Dublin Aerospace generated profits of €1.6m on revenue of €38.4m.
The profit figure was 35pc lower than in the previous financial year.
Mr Rogers said earlier this year that he expected profits in the financial year just ended to have doubled and revenue to have risen by about 10pc.