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Fokker Ends 77 Years Of Aircraft Production
Dutch planemaker Fokker was forced into bankruptcy Friday, ending nearly 77 years of aircraft production as rescuing bids failed to materialize. Saddled with high costs during a cyclic slump in commercial aircraft orders, the failed company will leave 5,664 workers jobless, although about 950 will be rehired by operating companies brought together under a new holding company. Another 350 will work for three more months to complete aircraft under assembly.