Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The new company Yellow Technic has announced the creation of 200 jobs at Barcelona Airport. Yellow Technic is a new joint venture between the Spanish airline Vueling Airlines and the aircraft maintenance services provider company Nayak. The company will provide maintenance services exclusively for the Vueling Airlines fleet at El Prat Airport. The jobs created will be maintenance profiles with a particular interest in the aviation sector. According to the company, this alliance will allow Vueling to access a new aircraft maintenance model that will imply more competitive cost and higher quality.
Eurofound (2021), Yellow Technic, Business expansion in Spain, factsheet number 106013, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106013.