Monday, 27 September 2010

Times still tough for manufacturers

Times are still very tough out there in the world of GA manufacturing.

A few days ago Cessna announced a further 700 job cuts, Hawker Beechcraft laid off 350 and today Piper let 60 employees go.

Wichita and Vero Beach are not great places to be for aircraft workers. I doubt that Wiener Neustadt (Diamond) and Duluth (Cirrus) are faring a great deal better. Those companies supplying the OEMs - Continental, Lycoming, Garmin etc. - will also be feeling the pain.

Things will undoubtedly get better, but no-one is counting on a very quick recovery.

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