Financially troubled Lucent Technologies, which has announced total workforce reductions of nearly 40,000 since January, is also planning a dramatic restructuring of its flight department. The changes include the sale/leaseback of the company’s Sikorsky S-76 and both of its Gulfstream IVs, and the outright sale of its third business jet, a Falcon 2000. The Lucent flight department is based at Morristown Municipal Airport (MMU), near the company’s Murray Hill, N.J. headquarters.
Lucent flight department takes hit
- May 19, 2008, 9:29 AM