According to the MRO group, the restructuring is necessary, given the continued challenging aviation landscape in Europe, marked by weak domestic travel and cargo demand in the region.

ST Aerospace Solutions will streamline the utilisation and workflow of its three facilities in Copenhagen, Denmark; Oslo, Norway as well as Stockholm, Sweden.  As part of  the restructuring, approximately 300 employees across functions could be affected.  The exercise will commence immediately, and is expected to be completed by the third quarter of 2013.

As part of the restructuring, the MRO facility will hold counselling sessions, and job placement programs to retrain and equip employees with new skills.  It will work  with trade unions and employee representatives to offer outplacement to affected employees. ST Aerospace Solutions stated it is fully compliant with relevant Scandinavian labour laws and practices.