Hot section: StandardAero cuts Employees at business aviation facilities

 - June 4, 2009, 5:44 AM

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.”