Business World

Wednesday 29 March 2017

SR Technics pulls out of Stansted and axes 345 jobs

SR TECHNICS, the maintenance company that oversees the easyJet fleet, is to close operations at Stansted airport in England, throwing 345 aviation engineers out of work.

The company, controlled by Mubadala Development, the investment arm of the Abu Dhabi government, has said it is selling the airport lease and moving to its Zurich headquarters.

SR Technics, which ceased its operations at Dublin Airport with the loss of 1,100 jobs, is Stansted's largest repair operation.

"It is not viable to have two operations -- Stansted and Zurich -- just one and half hours' flight time between them," said a spokesman. (© The Times, London)

Irish Independent

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