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