For the first time in five years, worldwide shipments of general aviation airplanes decreased in 2008, even as industry billings reached $24.8 billion, a 1
Embraer will remove an entire layer of its management structure as part of a plan to lay off 20 percent of its 21,362-strong workforce, the company announc
On February 18, Eclipse Aviation’s board of directors elected to furlough most of the remaining 800 employees to conserve cash and allow more time to compl
In a letter sent to employees on Tuesday, Eclipse Aviation general manager Michael McConnell and CFO Mark Borseth wrote that “our company is out of time an
With VLJ manufacturer Eclipse Aviation facing Chapter 7 liquidation proceedings, an organization is needed to provide support to owners of the 259 Eclipse
The US Airways “heroes of the Hudson” pilots used a House aviation subcommittee hearing Tuesday as a bully pulpit to characterize cost-cutting in the U.S.