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Dublin's SR Technics to axe 1,135 jobs

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Dublin's SR Technics to axe 1,135 jobs

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Old 12th Feb 2009, 12:48
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Dublin's SR Technics to axe 1,135 jobs

Sad day for emplyees and Dublin Airport. I dont think there is much of a chance in the present climate of them finding a buyer to keep it open

Full article below from rte.ie

RTÉ Business: Dublin's SR Technics to axe 1,135 jobs
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Old 14th Feb 2009, 18:01
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Thats a hell of a lot of highly skilled jobs to be axed in 1 go.

I wonder have the management at Dublin got any say in the matter or are they the ultimate cause of this holy mess ?
What I would like to know is how many jobs will be lost at the Zurich base? and if the decision to close Dublin is cost based ,will the high salaries at Zurich be now reduced in order to restore some sort of reality to win back customer confidence in the competitive world we live in.
Surely if this doesnt happen, jobs will no longer be safe in Zurich where the cost of living is considerably higher.

I just hope these engineers at Dub will find work elsewhere. They deserve better than this lousy deal they've been dealt... better still its a kick in d bollocks......

Last edited by The Deec; 14th Feb 2009 at 18:13.
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Old 15th Feb 2009, 13:32
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Maintenance

SubscribeYou are in: Home Maintenance News Article


DATE:13/02/09
SOURCE:Flight International

SR Technics to close Dublin maintenance base
By David Kaminski-Morrow


Maintenance firm SR Technics is to close its Dublin base, one of its three main European stations, as a result of the loss of business for the centre.
SR Technics employs 1,135 personnel at its Dublin station, which handles aircraft and component maintenance, including landing-gear and auxiliary power unit servicing. The facility includes six maintenance hangars and bays for four widebody and nine narrowbody aircraft.
Line maintenance will continue at Dublin for the time being, says the company, but this activity will be transferred to another provider at some point.
SR Technics chief Bernd Kessler says the closure follows an "exhaustive evaluation of all strategic options" for the group's businesses.
"We are fully aware of the difficult economic and labour market situation in Ireland and the personal implications of a closure for our staff in Dublin," he says.
The company has been struggling to cope with a reduction in business at Dublin. The base has been hit hard by substantial loss of work from Dublin-based Aer Lingus, and even the work it retained from the Irish flag carrier was secured last year only after a cost-cutting effort.
The Dublin operation has also felt the impact from the loss of a contract with Bahrain's Gulf Air last month.
"Recent loss of major contracts from primary load customers in Dublin, the current business and economic forecasts, as well as the high cost base of the operation means it will not be possible to fill the resulting capacity gaps with sustainable business in the medium term," says SR Technics.
Following a review of its activities, it has opted "with regret" to close the Dublin operation. The company has entered a 30-day negotiation period with trade unions.
"Against the backdrop of adverse market conditions for the aviation industry and the global economic downturn, SR Technics is restructuring its business to secure the group's long-term future and to deliver the necessary efficiencies and improved productivity throughout the group," it adds.
SR Technics says that its Irish operation at Cork will be unaffected, and the Dublin closure will have no impact on other SR Technics facilities.
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Old 15th Feb 2009, 13:46
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I wonder have the management at Dublin got any say in the matter or are they the ultimate cause of this holy mess ?
What I would like to know is how many jobs will be lost at the Zurich base? and if the decision to close Dublin is cost based ,will the high salaries at Zurich be now reduced in order to restore some sort of reality to win back customer confidence in the competitive world we live in.
Surely if this doesnt happen, jobs will no longer be safe in Zurich where the cost of living is considerably higher.
Heres a thread about it that gives a bit more insight into what was probably going on there...
1100 Jobs axed at SR Technics. - Page 2 - boards.ie
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