Job Losses Set To Take Off

There appears to be more jobs losses on the horizon after the aircraft maintenance firm SR Technics, with Irish headquarters at Dublin Airport, confirmed that it has lost one of its largest customers.

Gulf Air has announced plans to terminate its contract with the firm in the coming months. SR Technics was formerly known as Team Aer Lingus. It lost three of its four contracts with Aer Lingus last year and currently employs over 1,200 in Ireland. A spokesperson for SR Technics says it is too early to determine the impact on Irish operations but said Gulf Air was one of their most significant customers. Concern had already been growing about possible job losses at the company’s operation in Dublin following the loss of some of its business with Aer Lingus. Part of the airframe maintenance work is done in Dublin Airport, while other maintenance operations are carried out in the company’s branches in Zurich and Bahrain. It is understood that Gulf Air has given notice that it intends to terminate the contract this June, less than three years into a five year deal. A SIPTU representative said he was ‘shocked’ at the news. He went on to say they were monitoring the situation and were seeking an immediate meeting with management.