Parent Textron’s Financial Woes and Soft Market Force More Cessna Cutbacks
Cessna has again lowered its production plans for 2009 and 2010, company parent Textron announced in April. The move will result in another round of layoffs in addition to the 4,600 jobs lost since December 2008. There will also be a two-week factory shutdown in July. Textron did not specify details...
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.
Related Content
