Icon Aircraft To Slash Hundreds Of Jobs, Cut Production Rate

On Aug. 2, Icon Aircraft announced it would cut hundreds of jobs and the production rate of its A5 model because of reduced demand and the loss of funding from its Chinese investors — the latter a byproduct of the U.S.-China trade turmoil, according to Thomas Wieners, Icon president and COO. In...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.