April 4, 2009

Fate of F-22, 2,000 jobs to be revealed on Monday

Filed under: aerospace,Manufacturing — 7macaw @ 5:31 pm
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The fate of the F-22 Raptor fighter jet, assembled in Cobb County by 2,000 workers, should be revealed Monday when Defense Secretary Robert Gates unveils “a fundamental shift” in U.S. military priorities.

The Pentagon is alerting key members of Congress this weekend about plans to shrink spending on expensive weapons systems, including the technologically superior F-22. Gates, no big fan of the stealth fighter, will lay out 2010 budget priorities at the Monday afternoon Pentagon press conference.

Source: The Atlanta Journal-Constitution

April 2, 2009

Bombardier Aerospace to cut 3,000 jobs

Bombardier Inc. will cut 3,000 jobs in its aerospace division because of decreased demand for its business aircraft, the company announced Thursday.

In a news release issued Thursday morning outlining its fourth-quarter results, the Montreal-based company said it expected to deliver about 25 per cent fewer business aircraft this fiscal year and will be cutting its workforce by about 10 per cent.

Source: CBC

March 31, 2009

Cessna to lay off more workers

Bob Stangarone, vice president of communications with Cessna, says the layoffs will be companywide and affect all pay categories.

The number of layoffs will be announced next month, following the first-quarter report from Cessna’s parent company, Textron Inc., which Stangarone says is expected April 29. The company has already laid off 4,600 workers.

In addition, the company announced a companywide shutdown from July 6 to July 17.

Source: Wichita Business Journal

March 24, 2009

Wales Airbus factory set to lose 250 jobs

A downturn in orders at the Airbus factory at Broughton in Flintshire is to result 250 job cuts, unions have been told.

Officials have been in talks with management at the factory, which employs over 6,000 people, and say the company hopes most, if not all the cuts, can be through voluntary redundancies.

Source: News Wales

March 17, 2009

UTC’s Chief Says Canceling F-22 Could Cost 3,000 Jobs

Connecticut could lose between 2,000 and 3,000 jobs, mostly at United Technologies Corp., if the Pentagon cancels production of the F-22 fighter jet, UTC said Monday.

The cuts would be predominantly at Pratt & Whitney and Hamilton Sundstrand, but would also include job losses at Connecticut suppliers, a UTC spokesman said, clarifying remarks made earlier in the day by Louis Chênevert, UTC’s chief executive.

Any F-22-related cuts at UTC would be in addition to the 11,600 job reductions that UTC said it will make worldwide this year.

March 6, 2009

General Dynamics cuts 1,200 jobs

General Dynamics Corp. plans to cut 1,200 jobs and reduce production at its Gulfstream Aerospace unit because of reduced demand for private jets. The Falls Church contractor lowered its earnings forecast for 2009 to reflect the lower output.

General Dynamics (NYSE: GD) announced Thursday that its Gulfstream Aerospace subsidiary has cut large-cabin aircraft production and green-aircraft deliveries from a projected rate of 94 to 73 for 2009 and will reduce production of its mid-size aircraft from a projected rate of 30 to 24 aircraft this year. The reduced production will result in a reduction-in-force of 1,200 workers. General Dynamics said approximately 550 of those positions are held by contractors.

Source: Washington Business Journal

March 5, 2009

Northrop plans 750 job cuts

Northrop Grumman Corp.’s Aerospace Systems sector, created by the recent merger of the company’s two locally based businesses, will cut up to 750 jobs in coming months by eliminating duplicate positions.

The aerospace giant, maker of jet fighter sections and military satellites, will make the move even as it continues to hire people in other areas of the company.

Source: Contra Costa Times

March 3, 2009

Helicopter business to lay off 50

Edwards & Associates – a manufacturer affiliated with Bell Helicopter – has laid off 50 employees — 45 at a Piney Flats[,TN] subsidiary and five at its Bristol[,TN] headquarters — citing a declining demand for its “helicopter completion services.”

Edwards & Associates made the announcement this afternoon, and president Greg Williams said it was the first-ever layoff for the company’s Piney Flats subsidiary Aeronautical Accessories, which marks 30 years in business this year.

Source: Johnson City Press

February 26, 2009

Eclipse headed toward chapter 7 liquidation, all 800 employees laid off

Eclipse Aviation Corp., which makes the 6-seat Eclipse 500 very light jet in Albuquerque, said it will not contest a motion by senior secured creditors to convert Eclipse’s bankruptcy proceedings to a Chapter 7 liquidation.

Eclipse had already furloughed its remaining 800 employees on Feb. 18 because of the delays in financing negotiations. At that time, however, the company said it was a temporary move and it expected the deal to close and affected employees to return to work.

In a letter to employees on Feb. 24, Eclipse executives said the furlough had converted to a layoff effective as of Feb. 19, meaning no salaries would be forthcoming for paychecks due on March 5 and all benefits would end as of Feb. 28.

Source: The Business Review (Albany)

February 20, 2009

Empresa Brasileira de Aeronautica SA cuts 20% jobs

Brasil, Empresa Brasileira de Aeronautica SA: The reduction in personnel represents approximately 20 percent of its 21,362 employees and is concentrated in the production and administrative areas, including the elimination of one layer in the management structure. The significant majority of the engineering workforce will be kept engaged in programs for development of new products and technologies, which will be kept unchanged, according to the company’s press-release (PDF document)

Boeing issues 1,100 layoff notices

About 700 Boeing workers in the Puget Sound area are set to receive 60-day layoff notices Friday morning as part of Boeing’s plan to reduce its commercial work force in the region by about 4,500 jobs this year. They are among 1,100 employees that will get the notices Friday, the company said.

Boeing has said it expects to reduce employment companywide by about 10,000 positions this year through layoffs, attrition and by not filling open positions. It will also cut back on contract labor.

Source: Seattle Post Intelligencer

February 16, 2009

Air France-KLM to axe up to 1,200 jobs

Air France-KLM is to cut as many as 1,200 jobs after weak ticket revenues and dwindling cargo volumes forced a sharp rise in third-quarter losses to €200 million. The Franco-Dutch group unveiled a cost-cutting program of €1.2 billion. The job cuts, which will include some 450 managers, will be through natural attrition and no one will be fired, spokesman Nicolas Petteau promised.

The Group revealed a reduction of €1.2 billion in costs, half of which are to be put into effect this year, and they plan to cut from 1,000 to 1,200 workers through a hiring freeze, retirement, and voluntary departures. Around 450 managers between the ages of 60 and 65 are being encouraged to retire from the company, even though there won’t be any compulsory redundancies.

Source: Travel Daily News

February 11, 2009

Piper Aircraft lays off 300

Filed under: aerospace,US — 7macaw @ 2:29 pm
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Piper Aircraft handed out dozens of pink slips Tuesday. The Vero Beach company released about 300 workers due to a lack of work. Piper said the deepening global recession made it necessary for this latest round of jobs cuts.

The business is also planning to stop production for one week in April and July to avoid building up unnecessary inventory. The shutdowns will be without pay and will affect all employees in the company from executives to hourly workers.

Source: MSNBC

US Airways to cut 233 jobs

US Airways Group Inc. will eliminate 233 fleet-service and passenger-service positions in 10 cities. The company cites reduced flights, the loss of service contracts with other airlines and decreased attrition rates.

The majority of cuts are slated to occur in Las Vegas, Pittsburgh and Tucson, Ariz. Affected employees will be offered jobs at other US Airways’ locations or severance pay.

Source: Charlotte Business Journal

February 3, 2009

Hawker Beechcraft announces 2,300 layoffs

Airplane maker Hawker Beechcraft Corp. – one of the nation’s leading business jet manufacturers – 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.

Source: Forbes

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