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-05.13.24

Airborne-NextGen-05.14.24

Airborne-Unlimited-05.15.24 Airborne-AffordableFlyers-05.16.24

Airborne-Unlimited-05.17.24

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 (05.16.24): 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