FORECAST INTERNATIONAL PREDICTS $1.7B MARKET FOR LIGHT AIRCRAFT RETROFITS, UPGRADES THROUGH 2018

AFTER AN INIITIAL layoff of 1,200 workers in March, Gulfstream Aircraft was able to reduce production without making further significant cuts, Gulfstream President Joe Lombardo said last week. The company did furlough 2,200 workers, but all of those employees had returned by the end of July. “As we...

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