Hawker Beechcraft Reports Strong Sales
Hawker Beechcraft reported continued strong sales in the first quarter, though costs associated with Hawker 4000 certification and delivery delays resulted in the Wichita aircraft manufacturer posting a $1.5 million loss for the period. The company reported net bookings of $1.1 billion during the three-month span, resulting in a record backlog of $6.8 billion. Meanwhile, in April the company received EASA certification for the new light-midsize Hawker 750. The twinjet also recently received type certification in India, Mexico and Saudi Arabia.