VG31 wrote: » That was Austrian Airlines.
Tiernster7 wrote: » Have lauda had charters on this route in recent years, I think they might and the route is relatively proven
Damiencm wrote: » Great to have any announcement to be fair. But... and dont give out to me!! The schedule does not really fit with a long weekend city break. Also Vienna is a prime destination for xmas markets..hopefully the initial schedule will be extended beyond October 2020
Cookiemunster wrote: Now it's been announced. Lauda, Wednesdays and Saturdays, running from late March to October.
Cookiemunster wrote: » There was a route to CDG brought in when EI pulled the LHR route. I'm pretty sure it was only pulled after EI reinstated the LHR route.
Cookiemunster wrote: » You are correct. I got that mixed up. I still don't thing that load factors were the reason they pulled SNN - BVA though (or moved Berlin).
JCX BXC wrote: » No they moved Berlin, Beauvais was cut. .
Cookiemunster wrote: » FR had a route to Beauvais and moved it to KIR. I don't thing that passenger loads was the reason for that.
knipex wrote: » Didn't Shannon have a regular connection to Paris but lost it due to low passenger numbers ??
golfball37 wrote: » New twice weekly service to Vienna announced for 2020. I hope this is the start of branching out in Europe for Shannon. Paris or Amsterdam is badly needed.
JCX BXC wrote: » With who? At least it's not all doom and gloom!
Brennans Row wrote: » I believe in the early days Molex had a 50% share in Smithstown Light Engineering. Great to see a an independent home grown company doing very well today.
knipex wrote: » Molex were hit hard by the US China trade war but they appear to have been recruiting until recently
knipex wrote: » The entire precision engineering sector appears to be doing very well, and the aviation sector appears to be very resilient
tv221 wrote: » A real shame. All's not well at Element Six either. Jobs going on weekly basis. The massive old Tellabs plant across the road from molex on the market as well.
Brennans Row wrote: » Its a mystery to me because the Group has already completed €40 million on capital projects in the last few years.
Brennans Row wrote: » Yes, but cash is normally part of working capital and should not be used to finance long term capital investments. Here is a 2019 capital project and will interesting to see its treatment in this years balance sheet.Shannon Group on target to deliver €18m hangar (Clare Herald)
Brennans Row wrote: » Molex to cease operations by end of 2020 (Clare Herald) There had been speculation that an announcement was imminent from Molex which was established in Shannon in 1971. The company has now confirmed plans to close the facility by the end of 2020 resulting in 500 workers being impacted. Molex brings together innovation and technology to deliver electronic solutions to customers worldwide. With a presence in more than 40 countries, Molex offers a full suite of solutions and services for many markets, including data communications, consumer electronics, medical, industrial, automotive, and commercial vehicle.
knipex wrote: » Not rocket science Debts of €18.389 million.
knipex wrote: » They also appear to have high level of cash on hand (15.725 million at the end of 2018) so they have the capability of making the investment themselves.