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Home»Alternative Investments»Green Limerick – Global aviation firm secures silver rating
Alternative Investments

Green Limerick – Global aviation firm secures silver rating

By CharlotteApril 25, 20263 Mins Read
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SHANNON-based aviation parts specialist Magellan Aviation Group is strengthening its position in the global aviation supply chain through advancing its sustainability programme, which has recently earned the company a Silver EcoVadis rating, placing it among a select group of aviation suppliers demonstrating strong environmental and ethical standards.

Attaining this rating from a global platform that assesses and rates companies on their sustainability and corporate social responsibility (CSR) performance represents a significant milestone for the company.

The company specialises in acquiring aircraft and engines that have reached the end of their operational life, and recovering valuable components that can be repaired, certified and returned to service. Once purchased, these aircraft and engines are dismantled through a network of specialist partners.

Recovered components are then repaired by specialist vendors across Europe, North America and Asia before being resold to airlines and maintenance, repair and overhaul organisations (MROs) worldwide. The company primarily focuses on narrow-body aircraft platforms, which make up the largest portion of global airline fleets.

READ MORE: Family of Limerick EuroMillions winner object to controversial Dublin water plan

The Shannon operation brings together expertise in logistics, finance and aviation asset trading. A significant portion of employees work in warehouse and distribution roles, managing receiving, inventory and global shipping. The Shannon facility also hosts the group’s finance function, reinforcing the strategic importance of the Irish operation within the wider organisation.

Managing director Niall Duggan says: “EcoVadis ratings are increasingly required by airlines and aviation maintenance providers as part of supplier qualification processes. Achieving Silver status strengthens our position with customers and demonstrates our commitment to responsible business practices across our global supply chain.”

Operating from a 100,000 sq ft facility in Shannon where it employs 65 people, Magellan Aviation Group plays a key role in supplying refurbished aircraft and engine components to airlines and maintenance organisations worldwide. The Shannon site forms part of a global network that includes headquarters in Charlotte, North Carolina, and an office in Singapore, reflecting the international nature of the aviation parts trading market.

The company performs a vital function within aviation by extending the life of aircraft components through refurbishment and resale. This approach supports the industry’s circular economy, reducing waste while providing cost-effective solutions for airlines and maintenance providers.

The company places a strong emphasis on internal career progression, with employees frequently moving from warehouse roles into trading positions specialising in engine or airframe components. This progression model effectively acts as an apprenticeship pathway into the aviation parts trading industry.

Employee development is supported through partnerships with Technological University of the Shannon (TUS) and Aviation Skillnet, with training programmes covering areas such as aviation leasing and finance, Lean process improvement and advanced data analysis.

Looking ahead, the company plans to continue building on its sustainability progress through annual EcoVadis reassessments and further operational improvements. Maintaining Silver status while working towards a Gold rating is a key objective for the coming years.

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