Irish

Friday 11 July 2014

411 job losses at Lufthansa Technik as company closes factory

Blow for workers ahead of Christmas

Sarah McCabe

Published 20/12/2013|11:18

  • Share
Lufthansa Technik, Airmotive Ireland, near Rathcoole Co Dublin
Lufthansa Technik, Airmotive Ireland, near Rathcoole Co Dublin

JET ENGINE maker Lufthansa Technik has served more than 400 staff at its Dublin factory with redundancy just a week before Christmas.

  • Share
  • Go To

The company has begun the process of closing its factory in Rathcoole in Dublin, with the loss of 411 jobs.

 It was founded in 1980 but was only fully acquired by Lufthansa in 1999.

The decision to close follows an “extensive review” of the facility, according to a spokesperson.

The Irish operation, the person said, was determined to be not commercially viable amid heavily declining revenues and dwindling market demand for the type of jets worked on at the factory.

It is understood a takeover bid from another company had not led to any acceptable offer.

Lufthansa has two other operations in Ireland that will not be affected by the decision.

They are both in Shannon.

Read More

Classifieds

CarsIreland

Independent Shopping.ie

Meet, chat and connect with
singles in your area

Independent Shopping.ie

Meet Singles Now

Findajob

Apps

Now available on

Editors Choice

Also in Business