Cessna Job Cuts Questioned

By Joseph C. Anselmo janselmo@aviationweek.com

A veteran Wall Street aerospace analyst and a DC-based analyst are asking whether Cessna’s latest round of layoffs will leave the company unprepared for a recovery in the beleaguered business jet market.

Cessna announced last week that it will lower its production rate and cut another 700 jobs because of a prolonged slump in new orders. The cuts will push the company’s ...

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