Job losses as Qantas engine JV closes
Victoria’s aircraft maintenance industry has suffered another blow, with 164 jobs to go with the closure of a company co-owned by Qantas.
LTQ Engineering, an aircraft engine overhaul company based in Tullamarine, will close in September after reporting a string of losses.
The company, a joint venture of Lufthansa Technik and Qantas Airways Limited formed in 2008, blamed a decline in demand for engine overhaul services for the closure. (more…)
