Diamond Aircraft has announced the temporary suspension of D-Jet production work and the layoff of 213 employees at its London, Ontario, facility, pending arrangements for additional outside financing, specifically a government loan. The company said there was “no direct impact” on other Diamond programs. The D-Jet program is more than 60% complete, but the announcement cited increased program costs and delays, as well as the depressed general aviation industry, that have forced Diamond ...

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