Transaero exits examinership

Transaero exits examinership

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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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Chief Reporter Pat Flynn has worked as a journalist for almost 30 years. His career began during the late 1980s when, like many aspiring radio presenters of the time, he worked for local pirate radio stations in Clare and Limerick. Pat joined Clare FM in 1990 where he worked as researcher initially and later presented several different programmes including the station's flagship current affairs programme. He was also the station's News Editor and Deputy Controller of Programmes. Despite leaving in 2003 to pursue a career as a freelance journalist, he continues to work with the station to this day. As well as being the Clare Herald’s Chief Reporter Pat is also freelance journalist and broadcaster, contributing to Ireland’s national newspapers and is a regular contributor to national broadcasters.

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