Invest NI offers €78m incentive to establish Ryanair engine overhaul facility in greater Belfast region

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  • InvestNI have offered a €78m incentive package for a Ryanair engine overhaul facility.
  • The investment is understood to be worth about €468m and could create up to 600 aerospace jobs.
  • Spain and Poland are competing for the project.
  • Ryanair intends to establish two engine overhaul facilities from 2029.
  • The proposal aligns with A Pathfinder for Irish Aviation, published by Irelandia in 2025.

InvestNI is competing for a Ryanair engine overhaul facility with a €78m incentive package in the greater Belfast region with the assistance of the Stormont administration. The investment is understood to be worth about €468m and could create up to 600 aerospace jobs. Spain and Poland are also competing for the project. I

Ryanair intends to establish two engine overhaul facilities as it brings more engine overhaul work in-house from 2029. The facility would support its Boeing 737 MAX fleet powered by CFM LEAP-1B engines. The proposal aligns with recommendations in A Pathfinder for Irish Aviation, published by Irelandia in 2025, which called for expanded maintenance, repair and overhaul capability across the island.

A progress report from Irelandia earlier this year focused on efforts to attract new MRO investment. Discussions were underway about engine-overhaul opportunities in the six counties. The global MRO sector is forecast to grow over the coming decade, with engine maintenance remaining a constrained area of the market.

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