Finnair (AY) has reached an agreement with SR Technics to outsource engine and component services, in a cost-cutting move that will cut 280 maintenance jobs (ATW Daily News, April 17). AY will also close down its engine servicing operations and reorganize its components division, which together employ 350 workers. AY will keep certain parts of engine and component operations as a part of its line maintenance organization. The carrier is in talks with a potential buyer on the possible ...

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