Company/Organisation:
Airborne Technical Components
Geographic Location
Country:
Belgium
Region:
Arr. Liège; Prov. Liège; Région Wallonne
Location of affected unit(s):
Milmort
Company
Sector:
Manufacturing
Manufacture of transport equipment
30.3 - Manufacture of air and spacecraft and related machinery
Number Employed:
204
Employment Effects
Announcement Date:
26-10-2020
Planned Job Reductions min:
175
Type of Restructuring:
Internal restructuring
Employment Effect Start:
31-10-2020
Additional Information
Airborne Technical Components, a Belgian manufacturer of aircraft components has announced it will be dismissing a significant part of its total workforce. The COVID-19 crisis is the main factor in these decisions to try and save the company. The entire air travel sector has been impacted significantly by the crisis via restrictions on flying with corresponding declines in production and maintenance activity. Despite the extent of the measures, the company management states that even these do not assure that a total closure can be avoided in the future. Trade unions at the company were aware of the difficult commercial situation, but were nevertheless surprised by the extent of the dismissals.
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