AAI Slashes A700 Operations, Lays Off 200 Employees
Industrial Investors, the Russian firm that bought the assets of bankrupt Adam Aircraft, has cut its monthly support from $6 million to $1 million because of the impact of the near-collapse of Russian capital markets that resulted in substantial margin calls, according to a highly placed source at...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.