A Shannon based aviation company is to reduce its workforce by over 20 percent.

The Clare Echo has learned that an approximate 50 employees are to be let go from Lufthansa Technik Turbine Shannon (LTTS) from September. An additional 20 plus contractors are also expected to conclude their service with the company as a result.

It will follow a thirty day consultation process that commenced at the beginning of August between the company and employee representatives.

LTTS specialise in the repair of components for both high pressure and low pressure turbines for CFMI and GE aircraft engines. Originally founded in 1992, today it employs a staff of 220 and has some 8,000 square meters of floor space available at its Shannon site in the World Aviation Park.

All job losses are directly as a result of COVID-19 which has had a devastating impact on the aviation industry. A spokesperson for the company told The Clare Echo, “Lufthansa Technik and its subsidiaries are in the deepest crisis of their history, caused by the impact of the corona crisis on the international aviation business. This development also affects Lufthansa Technik Turbine Shannon (LTTS).

“The economic existence of the company is seriously threatened. Since the measures taken so far have not been sufficient to ensure the company’s survival in the long term, further measures that were unthinkable until recently, such as possible staff cuts, must now be considered”. The spokesperson confirmed that approximately 50 employees would be impacted as a result.

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Subscribe for just €3 per month

If you’re here, you care about County Clare. So do we. Did you rely on us for Covid-19 updates, follow our election coverage, or visit The Clare Echo every week for breaking news and sport? The Clare Echo invests in local journalism and we want to safeguard its future in our county. By becoming a subscriber you are supporting what we do, will receive access to all our premium articles and a better experience, while helping us improve our offering to you. Subscribe to clareecho.ie and get the first six months for just €3 a month (less than 75c per week), and thereafter €8 per month. Cancel anytime, limited time offer. T&Cs Apply. www.clareecho.ie.

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