On February 12th SR Technics Group (SR Technics) announced with regret that it intends to close its operation at Dublin Airport. It will now enter into consultation with the trade unions representing the 1,135 employees at the facility. The 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.
SR Technics has been carrying out an in-depth review and assessment of all lines of business across the entire Group, including an evaluation of their financial, operational and strategic impact. As a result of this review, the Group intends to close its operation
at Dublin Airport. 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
