After warning that it could shed 500 of its 3,000 employees, maintenance provider SR Technics has reached a deal with unions that will see a fewer number of jobs go.
The company says it has saved 100 jobs by pushing through a 4.8% pay cut, and 400 staff at most will be made redundant. Salary cuts will be reversed by the end of 2004, as will a reduction in the working week.
Source: Flight International
Boeing has designated Lufthansa Technik as the first Boeing-licensed Service Center (BLSC) for cabin modifications on its 787 Dreamliner airplanes.
ITP Aero is on a mission. With new chief executive Eva Azoulay at the helm, the former Rolls-Royce subsidiary is coming to the Farnborough air show for the first time as a standalone company, with a new appearance, and something to prove.
Boeing 777 cargo conversion firm Mammoth Freighters has delivered a -200LR for modification to the UK-based specialist STS Aviation Services. Mammoth had reached an agreement for conversion work with STS, located in Manchester, two years ago. The pact covers cargo modification for both 777-200LRs and -300ERs. STS states that US-based ...
