Fears for jobs at FLS following takeover

THERE were fresh concerns for jobs at the FLS Aerospace aircraft maintenance facility in Dublin yesterday following the takeover of the company.

FLS Aerospace, formerly TEAM Aer Lingus, has been acquired by Swiss firm SR Technics in a deal worth €47 million in cash and assumption of the pension fund deficit of €82 million.

Last month FLS, which has 1,500 workers in Ireland, announced a restructuring of its operations with hundreds of job losses at its Stansted, London, base. At the time the Dublin operation was unaffected, but a spokesperson for FLS yesterday said the company could not rule out cuts among its Irish workforce and it was also looking to change working practices.