Shannon Aerospace Ltd today (23rd December) confirmed that employees had voted in favour of a Restructuring Programme for the company. The details of the plan were agreed with employee representatives and SIPTU, during a period of extensive consultation, under the auspices of the Labour Relations Commission.
Thomas Rückert, CEO of Shannon Aerospace said, “Today marks a new chapter in the development of Shannon Aerospace. With a robust cost structure, new working practices, a deep pool of experienced aviation professionals and our first class facility in Shannon, I am in no doubt but that we can move the company forward, to secure our position as a world leader in the provision of airframe maintenance services and as a key player in the future of the Irish aviation industry.
“In my short time here in Ireland, I have been deeply impressed with the people working for Shannon Aerospace. We asked a lot of our employees and, together with the Board, I am grateful for their support, which will allow us to implement our plan and safeguard the maximum number of jobs at the company. I would like to thank the Labour Relations Commission for its assistance in helping us to reach an outcome that is acceptable to all involved.
“I would also like to take this opportunity of thanking our clients for their continued business and support. We are pleased that we have been able to fulfil all client orders, despite recent challenges and this is testament to the professionalism of our employees.”
Shannon Aerospace Ltd specialises in the provision of airframe maintenance, engineering, painting and technical services and is a subsidiary of Lufthansa Technik AG. The company commenced operations in 1990 and, from January 2011, will have in excess of 540 employees.
Statement from Shannon Aerospace
