February 6, 2014

Fokker Services announces restructuring measures

Fokker Services B.V. announced a package of restructuring measures to address the changing conditions of the Fokker aircraft maintenance, logistics and parts availability market it is operating in. The measures include a significant reduction of staff in The Netherlands, as well as cost reduction and operational improvements plans. The measures are designed to enhance growth in new (other than Fokker platform) segments and to increase efficiency. Fokker Services saw its operational EBIT decreasing in 2013 to €4m from €9.9m in 2012. The management of Fokker Services informed employees, the Works Council and the labor organizations about the restructuring, which includes a job loss of 200 FTEs divided over its Dutch locations Hoofddorp, Oude Meer and Woensdrecht. Fokker Services employs around 930 FTEs, of which around 730 in The Netherlands. All intended (200) redundancies will involve the Dutch organization.



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