OEM layoffs continue as the recession deepens
Among the major business aviation industry employers–aircraft manufacturers and primary vendors–total job losses due to furloughs, layoffs and attrition ar
All of the major manufacturers have announced plans to scale back production in 2009 to remain in line with demand. Many are implementing some alternative to layoffs to keep skilled employees on staff.
All of the major manufacturers have announced plans to scale back production in 2009 to remain in line with demand. Many are implementing some alternative to layoffs to keep skilled employees on staff.

Among the major business aviation industry employers–aircraft manufacturers and primary vendors–total job losses due to furloughs, layoffs and attrition are now approaching 20,000, and it appears that number will grow as credit remains bogged down and the recession grinds on. All OEMs are finding that some customers are facing last-minute financing shortages right before the delivery of their business jet, putting further pressure on manufacturers’ production and delivery schedules.

The most recent round of layoffs came from Bombardier, Cessna and Gulfstream.