FLS’s Irish losses soar to €10 million

THE aircraft maintenance company FLS Aerospace made losses of €10 million in Ireland last year.

Accounts for 2003 just filed at the Companies Registration Office show that losses for the year rocketed up from €0.6 million in 2002.

Overall turnover for the firm, which was acquired by Swiss firm SR Technics in February, also slid, down by €1 million to €123m.