Ryanair Prestwick maintenance facility
 

Ryanair is to set up a maintenance facility at Prestwick. Capable of housing two Boeing 737-800 aircraft, the facility will enter service in 2004.

Nice to see a bit of development coming back north of the border, rather than the big plastic white tents that have been springing up all over the Southern Airport perimiters in the last few years.

PIK is a fine place to have an engg base. Next: rumours that F L Schmidt are planning the same scale of expansion. Lower cost base and plenty of skilled manpower availability at PIK / zone.

Unfortunately, their Copenhagen based Industrial Projects Division have taken exceptional loss provision this year for a few power projects that went drastically wrong. Such provisions may well affect the entire operations and expansions of the company.