Lufthansa Technik to invest US$40 million in Dublin site


28 Jan 2010

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The Dublin site of aircraft maintenance firm Lufthansa Technik Airmotive has been chosen to provide maintenance for the new airplane engine which is currently used by Lufthansa and other carriers worldwide.

The decision will see Lufthansa Technik Airmotive invest US$40 million in equipping the Irish division in Rathcoole, Co Dublin, as an MRO (maintenance, repair and overhaul) site to handle the new IAE V2500 engine, securing employment into the future.

Lufthansa’s investment is supported by the Irish Government through IDA Ireland.

About Lufthansa Technik Airmotive Ireland

Lufthansa Technik Airmotive Ireland (LTAI) set up in Ireland almost 30 years ago and employs 470 highly skilled personnel. The IAE V2500 engine type will replace older engine types which are being phased out due to age and efficiency issues.

Speaking at the announcement today, the Tánaiste and Minister for Enterprise, Trade and Employment, Mary Coughlan TD, said: “This investment is excellent news for Ireland and particularly for the staff at the Dublin site. This is a hugely significant win for Ireland, given the strong competition which we faced from other overseas locations within the Lufthansa group. The win is testament to the diligent, hard-working management and staff at the operation.

“This investment is not only important in terms of the technologically advanced operations that will take place at the site, but the upskilling of current employees through training and development will ensure that LTAI maintains its leading international position as a world-class provider of jet engine MRO services,” she added.

Speaking on behalf of the company, LTAI’s managing director Wolfgang Moerig said: “The introduction of the V2500 engine to the plant is another chapter in the long and successful history of this facility, and indeed of Lufthansa Technik in Ireland. More than 3,000 aircraft jet engines have been overhauled here since 1981, which have helped us develop our worldwide reputation for quality and expertise.

“Embracing the new technology that the IAE V2500 represents is a major step in keeping Rathcoole at the technological forefront in a global and most competitive market,” he said.

Photo: Tánaiste and Minister for Enterprise, Trade and Employment, Mary Coughlan TD

Article courtesy of Businessandleadership.com