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Title: Federation of Aerospace Enterprise in Ireland - Sector Profile

In terms of industrial activities, the profile of Aerospace Enterprise in Ireland is predominately made up of MRO operations, with manufacturing activities still on a relatively small scale in volume terms. In this respect, it differs from the major players in aerospace among EU Countries whose aerospace industrial activities include strong components of Original Equipment Manufacture (OEM) activity.
In terms of Internationally Traded Aerospace Services, Aircraft Leasing is by far the dominant activity. As a result of the favourable tax status of Shannon Free Airport and Dublin’s International Financial Services Centre (IFSC) and the innovative approach of companies located in the State to this kind of business, Ireland has become a leading world centre for aircraft leasing and related services.

Other Internationally Traded Services that are growing include software development, communications, training and the supply of skilled personnel for the Aviation and Aerospace Industry.

The Structure and depth of the industry in terms of ownership and diversity, has strengthened dramatically since the early 1990s. At the opening of the decade, most Aerospace activities in the State were the ancillary activities of just two Irish companies (Aer Lingus and GPA) whereas, today, some twenty two multinational overseas corporations are involved, many of them leading players in the global aerospace industry.

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