EMCC European Monitoring Centre on Change

Airborne Technical Components

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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