Details of a deal announced earlier this month show that a Chinese city may be single-handedly resuscitating Liberty Aerospace with a $28 million deal that includes the purchase of 50 Liberty XL2s, according to a report at AVweb. That report notes that Liberty sold just three aircraft in 2011, all in the first quarter.
Liberty Aerospace Inc. laid off another 14 people this week as the weak economy continues to take its toll, according to a report at FloridaToday.com.
The Melbourne-based aviation manufacturer laid off 30 workers in January. It now has 32 employees, according to President and CEO Keith Markley. A year ago, it employed 180.
Liberty Aerospace has created a new division, Liberty Composites, to market the company’s experience in aviation carbon fiber structures to other companies.
Liberty Composites offers a full range of services including design capabilities, prototyping, testing, and tooling for any size lot, large or small.