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Transaero exits examinership

Photo: © Pat Flynn 2015

Photo: © Pat Flynn 2015

Shannon-based Fine Gael Senator for Clare, Tony Mulcahy today congratulated the workers and management of Transaero in Shannon on successfully exiting examinership this week.

The aircraft maintenance specialist exited High Court protection on Wednesday after a three-month examinership succeeded in rescuing the business.

“This is a hugely positive story as it secures the future of a significant aircraft maintenance facility, which it will also give confidence to other operators considering investment in Shannon,” said Senator Mulcahy.

“It is important that Transaero’s customers and suppliers also be acknowledged for their support for the company. This important Shannon operation can move forward with confidence and I am particularly delighted that job security has now been confirmed for workers there,” he added.

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