Gulfstream has become the latest business jet manufacturer to take drastic action to cut production in the face of a slump in sales. The Savannah, Georgia-based company is to suspend the initial phase of manufacturing and furlough 1,000 workers for four weeks, from 30 June to 27 July. Gulfstream had already cut deliveries for this year from 85 to 77 aircraft and announced 1,000 job cuts. The temporary shutdown will affect deliveries in 2004. Meanwhile, Gulfstream's former president, Bill Boisture, has resigned as chairman of the US General Aviation Manufacturers Association, four months into his one-year tenure.
Source: Flight International
