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Gulfstream to cut production further and shed jobs
09 March 2009
Gulfstream is to cut production of large-cabin aircraft in addition to previously announced mid-size cutbacks, and will lose 1,200 employees.
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[Gulfstream]
[General Dynamics]
[production cuts]
[job cuts]
[business jet]
[bizjet]
Private jet manufacturer Gulfstream Aerospace is to reduce production of large-cabin aircraft in addition to cuts to mid-size jet production announced in February. General Dynamics, Gulfstream’s parent company, says that large-cabin production is projected to drop from 94 aircraft to 73 in 2009, with mid-size down from 30 to 24 for the year. The company will also shed 1,200 of...
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