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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.2 - Support activities for transportation
600 jobs Number of planned job creations
Announcement Date
1 March 2005
Employment effect (start)
Foreseen end date
Description
The AirTanker consortium, has clinched a £13 billion contract to provide air-to-air refuelling services for the RAF yesterday. This deal will secure at least 7,500 jobs in the British aerospace industry. The private sector consortium said that the 27-year contract would sustain 3,000 jobs at the five companies that make up the AirTanker group, secure a further 4,000 jobs at suppliers and create 600 jobs.
The consortium, which is led by the European defence giant EADS and includes the British firms Rolls-Royce and Cobham, was finally named preferred bidder for the £13 billion contract by Geoff Hoon, the Defence Secretary, after a year of negotiations.
Sources
1 March 2005: The Times
Citation
Eurofound (2005), AirTanker Consortium, Business expansion in United Kingdom, factsheet number 61201, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61201.
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