Posts Tagged ‘planes’

Unintended or not?

Saturday, February 28th, 2009

First you demonize people who travel in private planes.  Then you suggest that the President doesn’t really need that new fleet of helicopters after all. 

Well, Textron makes Cessna airplanes, and Presidential helicopters (as a subcontractor to Lockheed/Martin Marietta).  Textron has already maxed out its $3 billion bank credit facility.

Friday, in the midst of all the other chaos, Textron announced it is selling off the portion of its company that makes control systems for military planes, tanks, helicopters, etc… in order to “maintain liqudity”.  They also laid off a significant portion of the Cessna work force that makes mostly private planes.

Do laid off airplane workers count as “jobs lost”, “jobs not yet saved” or “George Bush’s fault”?