Restructuring events
European Restructuring Monitor (ERM)
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.
Aer Lingus, the Irish airline, is to create 100 new jobs in Belfast with the launch of new flights from Belfast International Airport. The firm will invest 100 million GBP in the new flights, and will fly to eight new European routes. The airline claims the new flights will bring one million new passengers to the airport every year. Flights to Amsterdam, Barcelona and Geneva will begin in December 2007. Three daily flights to London Heathrow will follow in January 2008, with services to Budapest, Faro, Malaga and Rome starting in February 2008.
Northern Ireland First Minister Ian Paisley said that the announcement was very positive news for Northern Ireland. Junior minister Gerry Kelly said it was a tremendous boost for the local aviation industry.
Eurofound (2007), Aer Lingus, Business expansion in United Kingdom, factsheet number 65687, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65687.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
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