March 18, 2020 / 6:42 PM / 10 days ago

Textron Aviation furloughs thousands of U.S workers

SEATTLE, March 18 (Reuters) - Textron Aviation, a unit of Textron Inc, announced furloughs for most of its U.S.-based workforce on Wednesday as concerns over depressed demand due to the spreading coronavirus ripples through global aviation.

The $13.6 billion company, which makes Cessna aircraft, Bell helicopters and flight simulators, said a four-week furlough at its Aviation unit would fall into a March 23-May 29 timeframe.

The furlough affects some 7,000 or more workers, a person familiar with the matter said.

Reporting by Eric M. Johnson in Seattle Editing by Chris Reese

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