Great news! The war against those "evil corporate jets" is progressing just fine.

Obama's "funadamental transformation of America" continues!

205 To Lose Jobs After Piper Decides To Mothball Altaire Jet Program

Piper Aircraft Inc. on Monday announced it will lay off 150 employees and release 55 contract personnel as a result of a decision to indefinitely suspend its Piper Altaire light business jet program.

While the Altaire program was on schedule and budget, Carlon said "the market for light business jets is not recovering sufficiently enough or quickly enough for us to continue developing the program under the economic conditions we currently face,"