Minister Varadkar welcomes Shannon Airport/Lynxs cargo agreement

Dublin Airport Authority (DAA) has signed heads of agreement with US company Lynxs to develop a new global air freight hub at Shannon Airport. 

Minister for Transport, Tourism and Sport Leo Varadkar has welcomed the signing of a 
Heads of Agreement between Dublin Airport Authority and the Lynxs Cargo Group, which 
proposes building a new cargo facility at the airport. 
 
The Minister said he fully supports the project which has significant economic potential for 
the Shannon region and for Ireland. 
 
The Heads of Agreement signed by the DAA Airport and Lynxs Cargo, a global airport cargo 
facility company, proposes the construction of new cargo warehouse facilities at Shannon 
Airport. The two parties have been in negotiation on this project since 2009. 
 
Minister Varadkar said: ëI am very happy that Ray Brimble, CEO of the Lynxs Group, is in 
Ireland to sign this Heads of Agreement with Dublin Airport Authority. I hope it will lead to a 
dynamic business partnership to develop and expand the air cargo business through 
Shannon. This would benefit the airport, the entire mid?west region and the national 
economyí. 
 
ìI see great scope for the development of the air cargo business in Shannon. The airport has 
a significant industrial hinterland, with a large volume of high?value products transported by 
air. But a very significant proportion of air cargo, around 80%, is currently taken out of 
Ireland by road and flown onwards from airports outside the country. This is something I 
would particularly like to see addressed by Shannon airport. 
 
ìThe signing of this Heads of Agreement confirms the continued commitment of both 
parties to further develop the valuable air cargo market. Shannonís lengthy runway means it 
can take very heavy cargo?bearing aircraft, unlike many other airports, giving it a unique 
capacity to exploit air cargo. 
 
ìI would like to wish both parties to the venture every success in the future.î 
 
Ends 
 
Further information contact Department of Transport, Tourism & Sport on 01?604 1090 or 
01?604?1091  Nick Miller 086 6992080