Quest Aircraft cut 55 employee's amid rumors the Company is rapidly running dry of the Donations that has kept it afloat since first opening the doors in 2004. Quest Aircraft, Located in Sandpoint Idaho, Designed and builds the popular Kodiak Bush Plane used around the world for Missionary work and
has one currently deployed to Haiti in support of efforts in that earthquake ravaged country.
With Money and time running out for Quest, and with a Deal that would have seen 49% of the company sold to a European businessman fall apart, it's widely speculated that this promising company is running on borrowed time.
Quest layed off 25 in September and another 25 in February saying it was an attempt to "Rightsize" the company.
With so many other American businss' going Bankrupt everyday, it appears Quest will fall prey to a poor economy and mismanagement.