Cessna Cancels Upcoming Events Due To Economic Crisis | 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-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Mon, Mar 02, 2009

Cessna Cancels Upcoming Events Due To Economic Crisis

Employees Receive Latest Round Of Layoff Notices

A spokesman from the Cessna Aircraft Company announced last week the cancellation of two upcoming company events, blaming the cutbacks on the economic recession.

Cessna spokesman Doug Oliver said that both a Cessna suppliers' symposium scheduled for March 15-18 and a Cessna customer conference scheduled for April 27-29 have been cancelled as a cost-saving measure.

"Like all the other companies, we feel that Cessna and our supplier base are looking for ways to cut costs right now," Oliver told the Wichita Business Journal.

Oliver also announced the latest round of Cessna employee layoffs, saying that affected employees would be receiving 60-day layoff notices on Thursday. Oliver said the layoffs are to be the last expected in Cessna's plan to cut 4,600 employees, most of them in Wichita.

As ANN previously reported, Cessna Chairman and CEO Jack Pelton termed the cuts "profound," but necessary, due to slumping sales and global economic conditions "unprecedented in recent memory."

FMI: www.cessna.com

Advertisement

More News

ANN's Daily Aero-Term (05.01.24): Say Altitude

Say Altitude Used by ATC to ascertain an aircraft's specific altitude/flight level. When the aircraft is climbing or descending, the pilot should state the indicated altitude round>[...]

ANN's Daily Aero-Linx (05.01.24)

Aero Linx: European Air Law Association (EALA) EALA was established in 1988 with the aim to promote the study of European air law and to provide an open forum for those with an int>[...]

Classic Aero-TV: Korean War Hero Twice Reborn

From 2023 (YouTube Version): The Life, Death, Life, Death, and Life of a Glorious Warbird In 1981, business-owner Jim Tobul and his father purchased a Chance-Vought F4U Corsair. Mo>[...]

Airborne 04.29.24: EAA B-25 Rides, Textron 2024, G700 Deliveries

Also: USCG Retires MH-65 Dolphins, Irish Aviation Authority, NATCA Warns FAA, Diamond DA42 AD This summer, history enthusiasts will have a unique opportunity to experience World Wa>[...]

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

Also: WACO Kitchen Bails, French SportPlane Mfr to FL, Dynon-Advance Flight Systems, Innovation Preview Bobby Bailey, a bit of a fixture in sport aviation circles for his work with>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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