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Hawker Beechcraft announces 2,300 layoffs (stimulus package ignors vital aircraft industry)
Forbes via (AP) ^
| 2/3/09
| Roxana Hegeman
Posted on 02/07/2009 2:38:18 PM PST by Evil Slayer
Airplane maker Hawker Beechcraft Corp. told employees Tuesday that 2,300 of them will lose their jobs before the end of the year and warned more layoffs may be coming.
In a letter to workers, Chairman and Chief Executive Jim Schuster said most laid off workers will be notified by Friday. Nearly 500 Hawker Beechcraft workers also lost their jobs late last year.
In addition to declining orders and deliveries, the Wichita-based company is facing a host of new challenges, Schuster said.
"The government's stimulus package has failed to sufficiently loosen credit markets, which are absolutely vital to the success of HBC and our industry," he said.
(Excerpt) Read more at forbes.com ...
TOPICS: Business/Economy; Government; News/Current Events; US: Kansas
KEYWORDS: aviation; harkerbeechcraft; hawkerbeechcraft; layoffs; manufacturing; zerostimulus
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To: gorush
And a pretty agile aircraft, if you remember “It’s a Mad Mad Mad Mad World.”
To: mylife
Hawker Beechcraft 900XP
22
posted on
02/07/2009 4:41:17 PM PST
by
Evil Slayer
(Onward, Christian soldiers, marching as to war)
To: Evil Slayer
It's a beautiful plane. I'd be happy with an old Dehavilland Twin Otter ☺
23
posted on
02/07/2009 4:43:55 PM PST
by
mylife
(The Roar Of The Masses Could Be Farts)
To: mylife
24
posted on
02/07/2009 4:46:44 PM PST
by
mylife
(The Roar Of The Masses Could Be Farts)
25
posted on
02/07/2009 4:52:11 PM PST
by
mylife
(The Roar Of The Masses Could Be Farts)
26
posted on
02/07/2009 4:58:07 PM PST
by
mylife
(The Roar Of The Masses Could Be Farts)
27
posted on
02/07/2009 5:02:20 PM PST
by
mylife
(The Roar Of The Masses Could Be Farts)
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