Aircraft
Diamond Aircraft Restructures; Suspends D-Jet Again
For at least the second time in its history, the Diamond D-Jet program has been suspended due to lack of funding. In addition, London, Ontario-based DIamond Aircraft has laid off  all of its approximately 450 employees as it restructures.
For at least the second time in its history, the Diamond D-Jet program has been suspended due to lack of funding. In addition, London, Ontario-based DIamond Aircraft has laid off all of its approximately 450 employees as it restructures.

Canada-based Diamond Aircraft has again suspended its single-engine D-Jet program and has temporarily laid off the majority of its workforce while it restructures. “Regrettably, we need to suspend activity on the D-Jet program, pending the securing of additional funding,” said Diamond president and CEO Peter Maurer in a press release issued yesterday.

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