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.
Newcastle Airport has announced the creation of 450 jobs, as a result of airline Jet2 flying to four new destinations from there from summer 2010. 100 of the new positions will be at the airport with the remainder in supporting industries. Jet2 already flies to 14 destinations from the city and predicts that it will fly 400,000 passengers to and from Newcastle Airport in the coming year. Jet2.com chief executive Philip Meeson said: "We've been flying from Newcastle for four years and progressively our passenger numbers have grown. The airport has got great connections and a fantastic catchment area - it draws people from all over the north and Scotland." No details were given on numbers currently employed at the site or the date by which the new jobs are expected to be operational.
Eurofound (2009), Newcastle Airport, Business expansion in United Kingdom, factsheet number 69475, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69475.