Lufthansa Technik has confirmed that Lufthansa Technik Airmotive Ireland (LTAI), its jet engine overhaul facility at Rathcole, Co. Dublin, will close. The company has served notice of termination of employment on about 400 staff at the plant. Lufthansa Technik had initiated a 30-day review period, and said an offer from an outside party to take over the facility did not lead to “any acceptable solution”. It added that negotiations with the three trade unions and employee representatives failed to reach agreement on severance terms. LTAI specialises in the repair and overhaul of CFM56-3, CFM56-7, V2500 and JT9 engine types.