5 facts you might not know about Ireland’s thriving aviation industry
With Glandore Members from the airfinance and aviation industry attending the 19th Annual Global Airfinance Conference in Dublin this week, we take a look at some of the things you might not know about why Ireland is at the centre of the global aviation industry.
Ireland established the world’s first duty-free
Did you know that the world’s first duty-free shop was established at Shannon Airport by Brendan O’Regan in 1947 and is still in service to this date?
Ireland manages more aircraft leasing than anywhere else in the world
Over 90% of the top aircraft lessors have headquarters in Ireland and over 50% of the world’s aircraft leasing is managed through Ireland.
Irish aviation figures are flying high
Aviation contributes over 4 billion euro to Ireland’s economy and over 120 billion euro in aircraft assets are managed through Ireland.
Dublin Airport is Europe’s 5th busiest Transatlantic airport
In 2016 Dublin entered the top-five for transatlantic hubs in Europe for the first time.
Ireland is also becoming a centre of excellence for drones
Ireland is the first country in the world to have successfully implemented an online drone register.