(The following press release from Lufthansa Technik was received by
e-mail. It was not confirmed by the sender.)
Lufthansa Technik Airmotive Ireland to consider closure
Lufthansa Technik Airmotive Ireland (LTAI), the jet engine overhaul
facility at Rathcoole, Co. Dublin, which employs 400 people,
announced that it is to commence a process to consider closing the
company, subject to consultation with employee representatives. LTAI
will begin immediate negotiations with its three trade unions (TEEU,
SIPTU, UNITE) and existing employee representatives.
The decision follows an extensive review of operations at LTAI, in
the context of declining revenues and shrinking international market
Wolfgang Mörig, Managing Director of LTAI, praised the workforce at
LTAI for their contributions over the years, and expressed regret
that it was now at this point. He noted the increased quality and
efficiency of the new generations of aircraft engines, with reduced
need for overhaul.
Aer Lingus set up Airmotive Ireland in 1980. Lufthansa Technik took a
60% shareholding in 1997, and took full ownership in 1999. LTAI
specializes in the repair and overhaul of CFM56-3, CFM56-7, V2500-A5
and JT9D engine types.
Lufthansa Technik AG
Weg beim Jaeger 193
22335 Hamburg, Germany
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