FAIRCHILD DORNIER CUTS U.S. STAFF FOLLOWING INSOLVENCY FILING
Aircraft manufacturer Fairchild Dornier, faced with dwindling financial reserves and soaring development costs, filed for insolvency in Germany last week, the equivalent of a bankruptcy filing in the U.S. (BA, April 1/154). Fairchild Dornier officials had been engaged in last-ditch talks with Boeing...
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