Lufthansa Technik Switzerland To Close

Lufthansa Technik Switzerland (LTSW) in Basel is set to close its two line maintenance and logistic businesses on April 30, 2013 as it has been “unable to sustain its operations”. The plant closure will lead to 31 redundancies whilst 29 other employees will be able to work with Swiss at the Basel site.  “Due to the fall in demand and the associated decline in our customer base, closing the facility was sadly unavoidable,” said Rainer Lindau, CEO of Lufthansa Technik Switzerland.

TAGS: Europe
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