Tánaiste Mary Coughlan has said there have been a number of expressions of interest from parties interested in taking over the SR Technics (SRT) aircraft maintenance facility at Dublin Airport.
She said that the parties were interested in purchasing all or part of the business as a going concern.
Last week, SRT announced it was closing its operations in Dublin with the loss of 1,100 jobs.
Speaking after a meeting with trade unions, Ms Coughlan said everything that could be done would be done to retain the maximum number of jobs at SRT.
She said State agencies would be following up on the expressions of interest.
Speaking after meeting the Tánaiste, Willie Quigley of the trade union Unite said it appeared Ms Coughlan was already working with the IDA on avenues to secure the future of the SRT facility.
He said the unions were confident the Government would assist to create opportunities and that all avenues would be explored before the gates of the plant closed.
The trade unions are due to meet with SRT management tomorrow.
Mr Quigley said he expected management would want to discuss redundancy terms for workers at the plant.
However, he said the unions were more concerned with having an opportunity to explore saving as many jobs as possible at the maintenance facility.
Siptu branch organiser Pat Ward said the SR Technics delegation were a little more hopeful after their meeting with the Tánaiste.
"We made the Tánaiste acutely aware of the situation at Dublin airport and the terrible long term consequences that the closure of SR Technics would have for the Irish aviation industry. She told us she was satisfied that SR Technics had no intention of continuing its operations in Ireland but there were a number of other companies that had expressed an interest in the plant at Dublin airport," he said.
"We came out of the meeting with a little more hope than we went in and we made it abundantly clear that we were not going to throw in the towel but fight every step of the way when it came to preserving jobs."
SR Technics, which was formerly known as FLS, Team Aer Lingus and Aer Lingus Maintenance, lost three aircraft maintenance contracts with Aer Lingus last year.
Earlier this month, Gulf Air announced it was ending its maintenance contract with the firm from June.