The Hard Times For GA and BizAv Continue...

ANN is compiling the sad details behind yet another round of layoffs from embattled Hawker Beechcraft. In a letter released to HBC staff, Friday, CEO Bill Boisture started the notification process that many feared would occur just a few days after HBC posted less than positive news about a Third Quarter in which the company experienced, "...a decrease in revenues during the third quarter of 2011 as compared to the same period of 2010. However, the Company realized an improvement to gross margin, operating loss, and net loss for the third quarter of 2011 as compared to the same period of 2010." The company has not yet specified how many staffers would be let go but did indicate that the decision will affect all aspects of the aerospac