The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Repair And Installation Of Machinery And Equipment Repair And Installation Of Machinery And Equipment 33.16 - Repair and maintenance of aircraft and spacecraft
European Globalisation Fund (EGF)
Year: 2014, Case number: 16
411 jobs Number of planned job losses
Announcement Date
20 December 2013
Employment effect (start)
20 December 2013
Foreseen end date
Description
Lufthansa Technik is to close its aero maintenance facility in Dublin, Lufthansa Technik Airmotive Ireland (LTAI), with the loss of 411 jobs. As reported, the company and unions involved attended an emergency Labour Court hearing - on the same day of the closure announcement - to discuss redundancy terms.
As announced, the plant has been in operation since 1980, but has experienced lately declining business and less international market opportunities.
The timeline is yet to be announced. According to media reports, the closure will take place by the end of June 2014 or sooner.
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