Textron Idles A 'Small Number' Of Workers In Wichita | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-Unlimited-04.23.24

 Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Sat, Oct 15, 2016

Textron Idles A 'Small Number' Of Workers In Wichita

Company Did Not Give A Specific Number

Textron has laid off what it describes as a "small number" of workers in Wichita, a move described as one that would align resources to meet "business needs."

The Wichita Eagle reports that the layoffs come after Textron announced plans to offer early retirements to some employees company-wide in September. The company also closed aircraft service centers in Atlanta, GA and New Castle, DE.

Aviation analyst Roland Vincent of JetNet IQ told the paper that the both the early retirements and the layoffs are tied to an adjustment in production rates of the Citation XLS+, Sovereign, and X+ jets. Sales of those aircraft have slumped as customers consider the newer Latitude jet, which Vincent said is "selling well."

NetJet IQ is forecasting new jet deliveries to be at best flat over the next two year, and may decline somewhat. Vincent said that it is currently a "very, very challenging time" for new and used jet sales.

(Image from file)

FMI: www.txtav.com

Advertisement

More News

ANN's Daily Aero-Term (04.28.24): Airport Marking Aids

Airport Marking Aids Markings used on runway and taxiway surfaces to identify a specific runway, a runway threshold, a centerline, a hold line, etc. A runway should be marked in ac>[...]

Aero-News: Quote of the Day (04.28.24)

"It is extremely difficult, if not impossible, for manned aircraft to see a drone while conducting crop-enhancing and other aerial applications at low altitudes and high speeds. We>[...]

ANN's Daily Aero-Linx (04.28.24)

Aero Linx: The Skyhawk Association The Skyhawk Association is a non-profit organization founded by former Skyhawk Pilots which is open to anyone with an affinity for the A-4 Skyhaw>[...]

Aero-News: Quote of the Day (04.29.24)

“The T-54A benefits from an active Beechcraft King Air assembly line in Wichita, Kansas, where all required METS avionics and interior modifications are installed on the line>[...]

ANN's Daily Aero-Linx (04.29.24)

Aero Linx: Aerostar Owners Association The Association offers the Aerostar Owner a unique opportunity to tap an invaluable source of information concerning the care and feeding of >[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne Affordable Flyers 05.02.24: Bobby Bailey, SPRG Report Cards, Skydive!

Airborne 05.01.24: WACO Kitchen, FAA Reauthorization, World Skydiving Day

Airborne-NextGen 04.30.24: Skydweller Flies, Cassio 330, UAV Design Competition

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC