DUBLIN Aerospace -- set up in 2009 after SR Technics pulled out of the capital -- has announced 150 new jobs at Dublin Airport over the next two years.
The firm is seeking technicians and skilled labourers -- with 45 positions available immediately.
Taoiseach Enda Kenny today opened the company's new €4.5m landing gear centre at the airport.
The firm has landed several large contracts in recent months and was commissioned by Aer Lingus recently to overhaul 16 of its aircraft.
It was set up two years ago by former Ryanair chief executive Conor McCarthy after SR Technics closed at Dublin Airport with the loss of 1,100 jobs.
The new jobs will bring its overall Dublin workforce to 300.
A spokesperson for the company told the Herald today: "The international aerospace maintenance business has always relied on the highest standards of quality and safety but over the past 10 years it has become a hugely competitive battleground.
"We are just three hours from the lowest cost economies, so we must compete fiercely whilst providing our customers with world beating reliability."
He added: "Today marks a further milestone with the opening of our new €4.5m landing centre -- which more than doubles."
Since buying assets from SR Technics, Dublin Aerospace now occupies a total of 21,000 sqm of hangar space at Dublin Airport.
The company has landed major contracts from several European airline giants.
It will work on four aircraft for XL Airways this winter and nine aircraft for Air Via over the next two years.
It reported revenues of €22m until the end of last month -- an €8m increase on the same period last year. Staff at the company benefit from a profit-sharing scheme which pays out every three months.