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.
Manston airport in Kent has announced that it is to close with the loss of up to 150 jobs. The Airport is owned by the Stagecoach bus company co-founder Ann Gloag, who bought the site for £1 in October 2013. The airport is reported to have been losing £10,000 per day. Since March 2014 efforts have been made to find a new buyer for the airport, but no viable option for staying open has been found.
Eurofound (2014), Manston Airport, Closure in United Kingdom, factsheet number 77072, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77072.