SR Technics to shutter Dublin operation

SR Technics yesterday said it plans to close its operation at Dublin Airport in light of recent contract losses from major load customers, current business projections and high costs. "We are announcing this deeply regrettable and difficult step only after an exhaustive evaluation of all strategic options for our groupwide operations," SRT CEO Bernd Kessler said. "We are fully aware of the difficult economic and labor market situation in Ireland and the personal implications of a closure for our staff in Dublin."

The company intends to begin consultation with trade unions representing the 1,135 employees at DUB. Discussions will take place over the statutory minimum 30-day period in parallel with dialog with other stakeholders. "My management team will be working closely with the relevant unions over the coming weeks," Kessler promised. SRT will continue line maintenance operations at DUB in the interim but eventually expects to transfer responsibility to another provider. It emphasized that its intention to cease activities there will not impact operations at its Cork facility or its other locations.