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.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
