Dublin Aerospace to create 150 new jobs
Just eight years after it opened with 18 staff, Dublin Aerospace's extraordinary success story is about to embark on a new chapter as it takes on another 150 employees, bringing the total employed at the Dublin Airport-based business to 350.
Dublin Aerospace rose like a Phoenix out of the ashes of SR Technics who pulled out of the giant airport maintenance facility with the loss of hundreds of jobs.
From humble beginnings, Dublin Aerospace has grown into Ireland's largest independent aircraft maintenance providers and is set to almost double its workforce from 200 to 350.
Supported by Enterprise Ireland, the significant expansion of Dublin Aerospace's workforce is part of the company's strategy to double its turnover by 2023.
Conor McCarthy, Executive Chairman of Dublin Aerospace said: 'Since our start-up in 2009 with just 18 staff, our annual turnover has risen from €7million to €46m last year and we have been profitable since our second year in operation.
'Last year saw further increases in turnover for all three business units; Aircraft Overhaul, Landing Gear and Auxiliary Power Unit (APU) Services. This solid underlying business performance has given us the confidence to create another 150 full-time, permanent engineering and support roles in our Dublin operation.'
Michael Tyrrell, Dublin Aerospace CEO said: 'This quarter we have just hired the first 48 of 150 additional team members with a variety of skill sets including Aircraft Engineers, Avionics Technicians, Structures & Composite Technicians, Painters and Aircraft Operatives. 17 of these positions were taken up by graduates of the Dublin Aerospace Apprenticeship & Trainee Programmes. We offer five types of such programmes in conjunction with SOLAS, the Irish National Training Agency, with over 100 young men and women currently in training. In 2017/18 we expect to hire approximately 35 graduates from our apprenticeship and trainee programmes.'
Julie Sinnamon, Enterprise Ireland CEO said: 'Dublin Aerospace is a very important service provider to the global aviation industry. Having its base at Dublin Airport is of critical importance, servicing its international client base and delivering high value jobs to Ireland. Enterprise Ireland works closely with Dublin Aerospace to deliver job creation, achieve its growth ambition and grow its international customer base across Europe, the Middle East, the US, Africa and Russia. Today's announcement is a significant milestone for the company.'