- Jul 29, 2005
- Orange County, California
[Redacted] Innovation was one of the things that ate up all their capital and drove them to where they are now....However, their utter lack of innovation for decades plays a big part in that. Just changing the instrument stack isn't "innovation."...
I certainly do feel for them having been furloughed twice during the holidays, once in 1983 and later in 1995...I got out of aviation for a short period as a result of the 1995 episode and went into automotive manufacturing technical support.....in 5 years time, earned a Masters from Embry-Riddle (paid tuition), a pension and a 401K......thank you TRW!I'm just sorry to see the brand go down, again, maybe for good this time. However, their utter lack of innovation for decades plays a big part in that. Just changing the instrument stack isn't "innovation."
I feel badly for the workers. They're really getting whipsawed here, and you'll note that the company not only furloughed them over the holidays, but revoked their holiday pay as well. That's just low.