New Hawker Beech CEO Says More Layoffs On Horizon | 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-05.06.24

Airborne-NextGen-05.07.24

Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

Wed, Apr 15, 2009

New Hawker Beech CEO Says More Layoffs On Horizon

Falling Production Rates Will Further Impact Jobs

More layoffs are on the way for workers at Hawker Beechcraft, new company CEO William Boisture Jr. said Tuesday.

In memo sent to workers Tuesday, and obtained by the Wichita Eagle, Boisture writes that further 'work force reductions' will be announced in coming weeks, affecting all pay grades

"No one could have predicted the rapid downturn in the global economy that began last October, nor its very direct impact on the general and business aviation industry," Boisture wrote. "As we begin the second quarter of 2009, we see further erosion of the economy, increasing uncertainty in the marketplace and a continued decline in consumer demand for new aircraft, services and support.

"Preserving our future unfortunately requires taking painful actions now," he added.

As ANN reported, Boisture succeeded former CEO Jim Schuster on March 23. Prior to that date, Hawker Beech had gone through two previous rounds of layoffs since November 2008, affecting nearly 2,800 out of 9,780 jobs companywide.

Boisture did not elaborate on how many jobs would be cut this time around. Company spokeswoman Nicole Alexander also declined to comment past what was outlined in the memo.

The Eagle reports in the past six month, the three major general aviation manufacturers in Wichita -- Hawker Beechcraft, Cessna and Bombardier Learjet -- have culled over 7,500 jobs from their combined ranks... and a new round of layoffs is expected soon at Cessna, as well.

FMI: www.hawkerbeechcraft.com

Advertisement

More News

ANN's Daily Aero-Term (05.07.24): Hazardous Weather Information

Hazardous Weather Information Summary of significant meteorological information (SIGMET/WS), convective significant meteorological information (convective SIGMET/WST), urgent pilot>[...]

ANN's Daily Aero-Linx (05.07.24)

Aero Linx: The T-6 Racing Association The T-6 Racing Association is all about T-6‘s and racing. Our mission is to bring great racing to our fans in Reno and other venues wher>[...]

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

Also: Electra Aero, AMO-CBP v Smugglers, Naval King Airs, Boeing Deal To the surprise of everyone involved, Waco Kitchen shut down both airport operations with little warning and h>[...]

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>[...]

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

Also: Virgin Galactic, B-29 Doc to Allentown, Erickson Fire-Fighters Bought, FAA Reauthorization After dealing with a big letdown after the unexpected decision by Skyreach to disco>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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