Cessna might have overreacted with layoffs, an analyst says

09/29/2010 | AviationWeek.com

Ronald Epstein, an analyst for Bank of America Merrill Lynch, said Cessna Aircraft might have overreacted by laying off 700 workers this month. "We worry Cessna has cut through muscle and bone into marrow," said Epstein, who predicted that business aviation will recover soon.

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