Shannon Airport appoints Matthew Thomas as new chief executive
He previously worked on Canadian group Vantage’s $4 billion La Guardia bid
Shannon Airport has appointed Matthew Thomas of Canadian group Vantage as i
He will have responsibility for the group’s airport, commercial property and heritage management businesses and takes over as the organisation plans to invest €60 million across its companies.
He also joins at a time when the group is focusing on controlling spending. Chairwoman Rose Hynes noted in a statement accompanying its recently-published annual report that it needs to “re-align” its costs to cash to allow future growth.
Passenger numbers at Shannon Airport grew 5 per cent last year to 1.7 million. This followed a 17 per cent boost in traffic in 2014 which resulted from Ryanair and Aer Lingus launching new services on the back ofthe Government decision to axe travel tax.
Most recenty he worked on Vantage’s successful bid for the $4 billion redevelopment of New York’s La Guardia Airport’s central terminal, the US’s biggest public-private partnership.
Vantage owns four aiports in Canada, one in Nassau, one in Montego Bay and Pafos and Larnaka in Cyprus. Established in 1994 it has owned or managed 27 airports around the world over the last 22 years.
He said on Tuesday that he was delighted to be coming to Shannon at this time. “Shannon has an iconic place in aviation history,” he said. “ It is the gateway to the wild Atlantic way, and I know that it is very important to both the regional and national economy.”
Ms Hynes said that Mr Thomas had a deep knowledge of the aviation industry combined with significant commercial experience.
The Minister for Transport, Tourism and Sport, Paschal Donohoe, also welcomed the appointment.