Aircraft
Piper Aircraft Plans Layoffs, Citing Weak Demand
Vero Beach, Fla.-based aircraft manufacturer expects to lay off 15- to 20 percent of its more than 750 workers as sales dip in the first half of 2015.

Due to continuing weak global demand for general aviation aircraft, Piper Aircraft expects to lay off 15 to 20 percent of its more than 750 workers, the Vero Beach, Fla.-based aircraft manufacturer announced yesterday. “While the general aviation industry had been improving over the past several years, aircraft deliveries had begun to slow,” it said.