Hot section: StandardAero cuts Employees at business aviation facilities
The hobbling economy has forced another company to cut personnel.
StandardAero has reduced its business aviation workforce by 119 employees, with layoffs in Springfield, Ill.; Los Angeles; Houston; and Augusta, Ga. A spokesman for the company said that the cuts, effective immediately, affect about 3 percent of the company’s 4,000 employees. “As has been the case with others in the industry,
we have experienced a slowdown in the business due to the economy,” he said. “StandardAero continues to monitor the situation closely and we may call back employees when the work requirement picks up.”