Viking Air Slashes Twin Otter Production, Lays Off 116
Decline blamed on global currency fluctuations, weakness in the oil sector and growing economic problems in Russia.
Canada’s Viking Air is slashing production of its Model 400 Twin Otter turboprop by 25 percent and laying off 116 employees, nearly 20 percent of its workforce, in the face of slowing orders.
Canada’s Viking Air is slashing production of its Model 400 Twin Otter turboprop by 25 percent and laying off 116 employees, nearly 20 percent of its workforce, in the face of slowing orders.