Textron Aviation Announces More Layoffs | 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-05.13.24

Airborne-NextGen-05.14.24

Airborne-Unlimited-05.15.24 Airborne-AffordableFlyers-05.16.24

Airborne-Unlimited-05.17.24

Tue, Nov 15, 2016

Textron Aviation Announces More Layoffs

Second Time In As Many Months That The Company Has Reduced Its Workforce

On the heels of another GAMA report of declining general aviation, business jet, and helicopter sales, Textron on Thursday announced that it was cutting more jobs.

The Wichita Eagle reports that Textron Spokeswoman Rosa Lee Argotsinger wrote an email to the paper saying that the company would not provide details about the number of people laid off, or where they had been working. “In line with the actions previously announced, Textron Aviation is taking action to streamline our business through workforce reductions in order to improve our overall operating efficiency,” she wrote.

GAMA's report released last week showed a decline in sales and billings for all but turboprop airplanes in the third quarter of 2016. But the Wichita Eagle reports that Textron showed higher deliveries and billings for Cessna aircraft in the third quarter. Beechcraft deliveries were flat.

The number of employees laid off in October was characterized as "small" by Textron. Many of those came from attrition and early retirements, according to the company.

(Image from file)

FMI: www.txtav.com

Advertisement

More News

ANN's Daily Aero-Term (05.16.24): Instrument Runway

Instrument Runway A runway equipped with electronic and visual navigation aids for which a precision or nonprecision approach procedure having straight-in landing minimums has been>[...]

ANN's Daily Aero-Linx (05.16.24)

Aero Linx: Alaska Airmen's Association The Alaska Airmen's Association includes over 2,000 members—we are one of the largest General Aviation communities in the country. We s>[...]

Airborne 05.15.24: Ghost Sq MidAir, B-2 Junked, Dream Chaser Readies

Also: Flt School Security, G600 Steep-Approach, Honduran Aid, PW545D Cert Two aircraft performing at the Fort Lauderdale Air Show clipped wings during a routine last Sunday, spooki>[...]

Airborne 05.10.24: Icon Auction, Drunk MedEvac Pilot, Bell ALFA

Also: SkyReach Parts Support, Piper Service Ctr, Airliner Near-Miss, Airshow London The Judge overseeing Icon's convoluted Chapter 11 process has approved $9 million in Chapter 11 >[...]

Airborne Affordable Flyers 05.16.24: PRA Runway, Wag-Aero Sold, Young Eagles

Also: Paramotor Champ's, Electric Ultralight, ICON BK Update, Burt Rutan at Oshkosh! The Popular Rotorcraft Association is reaching out for help in rebuilding their private runway >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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