410 jobs at risk at Lufthansa Technik

Some of the 410 people employed by Lufthansa Technik Airmotive Ireland (LTAI) described news that the company is considering closure as a pre-Christmas “kick in the teeth”.

The company based in Rathcoole, Co Dublin, which maintains aircraft engines and which had a turnover of €152m in 2011, said its decision was prompted by a shrinking international market and declining revenues.

The company said it would begin 30-day negotiations next Monday with the three unions representing the workforce, Technical Engineering and Electrical Union (TEEU), Unite and Siptu.