Coronavirus blamed for collapse of county Wicklow company: report
The coronavirus has been blamed for the collapse of a county Wicklow-based company that produces in-flight entertainment systems.
Mythopoeia Holdiungs Ltd, which was based at the Bray Business Park on the Southern Cross Road, went into liquidation on Wednesday owing creditors almost €5.3 million, the Irish Times reported today.
Creditors who attended a meeting at Dublin’s Harcourt Hotel reportedly said directors listed a halt in new orders from airlines after the coronavirus outbreak as one of the reasons that the company was forced to close.
Mythopoeia fitted in-flight entertainment systems for airlines. Customers included Mexican carrier VivaAerobus, whose investors include members of Ryanair founder Tony Ryan’s family.