250 job losses at Shannon and Kent airport
29.07.05
Up to 250 jobs are set to go at Shannon and Kent in England after budget airline EUjet stopped flying earlier this week. The news follows the collapse of Planestation, the British airport operator that took over the airline last year.
Staff at the airline, which was set up by former Ryanair chief executive PJ McGoldrick, were told an administrator had been appointed and that he would try to sell the company and its assets.
Trading in Planestation shares was dramatically suspended on Monday after the company said its bankers, Bank of Scotland, had turned down a request for extra funding to help it cope with cashflow problems. After initially claiming that the airline would fly on, planes were grounded on Tuesday morning.
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