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.

Related News

saoirse exton 10-05-21 4
O'Briensbridge teen Saoirse appointed by UN Secretary-General to climate change advisory group
garda car
Ennis hit & run leaves cyclist shaken
Breachingdolphins-560x420
Kilrush & Shannon Estuary can make a splash in dolphin tourism & research
violet anne wynne collins 1
Wynne to dissolve pair with Justice Minister to vote against Government on eviction ban
Latest News
bunratty castle 2
Talks over Shannon Heritage sites transfer at crunch stage
saoirse exton 10-05-21 4
O'Briensbridge teen Saoirse appointed by UN Secretary-General to climate change advisory group
cli donnellan 1
Sixmilebridge Folk Club to host second concert of 2023 series
Dean Ryan scores a point minutes before half time
Dean Ryan's return a further boost for Éire Óg
garda car
Ennis hit & run leaves cyclist shaken
Premium
violet anne wynne collins 1
Wynne to dissolve pair with Justice Minister to vote against Government on eviction ban
éire óg v ennistymon 30-10-22 50 philip talty
Éire Óg & Miltown begin Garry Cup bids with impressive wins
queens ennis 1
Bouncer who carried out unprovoked head-butt assault escapes jail
clare v galway 12-03-23 david fitzgerald 1
Fitzgerald will miss Clare's Munster opener unless red card appeal is successful
clare v louth 29-01-23 24 keelan sexton
Bowed but not broken - Clare footballers must quickly press reset button

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.

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.

Scroll to Top
Enable Notifications for the latest news and updates OK No thanks