Raytheon to Furlough 600 Kansans | 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-07.07.25

Airborne-NextGen-07.08.25

AirborneUnlimited-07.09.25

Airborne-FlightTraining-07.10.25

AirborneUnlimited-07.11.25

Mon, Jan 27, 2003

Raytheon to Furlough 600 Kansans

Biz-Air Payroll to Shrink by 600, by Year's End

Raytheon's quarterly analyst conference call last week brought few surprises; but it still wasn't welcome news for the good folks in Kansas.

Jim Schuster, Raytheon Aircraft chairman and CEO, said during the conference call, that there's no reason to expect a sudden boom in aircraft sales this year: "We're not taking a real optimistic view of the marketplace," he told the analysts. "We're going to manage the devil out of our costs."

As the company forecast a downward revision in deliveries, from 274 to 268, it detailed the effect on jobs that such a revision dictated.

It's not as though it takes 100 workers a year, to build a Raytheon aircraft; but, with the forecast's contraction, the trend in jobs was certainly pointing one way only.

Salina (KS), where Raytheon employs 450 workers who make wings for the Beechjet, King Air, and Premier, will pare its force to 400 by year-end; Wichita, where 7100 now work, will drop some 550 from its payroll.

FMI: www.raytheon.com

Advertisement

More News

NTSB Final Report: Aviat A1

Airplane Bounced About 3 Ft Then Touched Back Down And Then, With No Brakes Applied, The Airplane Began Veering To The Left Analysis: The pilot entered the airport traffic pattern >[...]

ANN's Daily Aero-Linx (07.08.25)

Aero Linx: British Microlight Aircraft Association (BMAA) The primary focus within all aviation activity is SAFETY. In all aspects of our sport SAFETY must come first, whether it b>[...]

Classic Aero-TV: Fly Corvair’s Reliable Engine Alternative

From SnF25 (YouTube Edition): William Wynne Builds Practical Aircraft Engines on the Corvair Platform Seeking an affordable alternative to the traditional aircraft engine options, >[...]

ANN FAQ: Contributing To Aero-TV

How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]

Classic Aero-TV: CiES Fuel-Quantity and e-Throttle Systems Praised

From 2023 (YouTube Edition): Bridge of CiES CiES Inc. is a Bend, Oregon-based designer and manufacturer of modular embedded aircraft systems and sensors. The company’s fuel-l>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC