Created: Thu, 10 Apr 2014 02:15:57 EST
Updated: Thu, 10 Apr 2014 02:15:57 EST
SAN JUAN, Puerto Rico (AP) — Puerto Rico has signed an agreement with German-based Lufthansa Technik to build a facility for aviation maintenance, repair and overhaul in the island's northwest region.
Gov. Alejandro Garcia Padilla said Thursday that the facility will be based at Aguadilla's international airport and is expected to serve short- and medium-haul aircraft. He said work will begin in the next three months and that the company will hire up to 400 employees. Lufthansa Technik Puerto Rico will oversee operations.
Lufthansa officials said JetBlue and another unidentified major U.S. client have committed to use the facility.
The announcement comes as the U.S. territory of 3.6 million people enters its eighth year of recession and struggles with a 15.2 percent unemployment rate.