SOFTENING MARKET FORCES MOONEY TO CUT PRODUCTION, WORKERS
Mooney Aircraft furloughed 20 percent of its work force and said it is reducing production rates from eight aircraft per month to five per month for the remainder of the year. The Kerrville, Texas manufacturer of single-engine aircraft had approximately 400 employees before the layoffs cut that...
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
