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150 jobs lost at Bournemouth Airport as firm shuts

22.12.06

Almost 150 workers at an aviation service business based at Bournemouth Airport have lost their jobs. Staff at Bournemouth Aviation Services Company Ltd (Basco) were told yesterday morning the firm would close at midday.

The news follows a 90-day consultation period on the future of the company, which maintains commercial aircraft. Staff working at the business for less than two years will not be entitled to any redundancy pay.

Singapore Technologies Aerospace Ltd, the company which owns Basco, said in a statement that the closure was not expected to have any impact on its share price.

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