Hawker Beechcraft lost $632.8 million last year, according to the 10-K form it filed with the Securities and Exchange Commission on Friday.
AINalerts » April 17, 2012
Tornadoes that tore through Wichita on Saturday night left a path of destruction at several aircraft manufacturers but thankfully no fatalities. Damage at Hawker Beechcraft was “limited and isolated damage to the roof” of Plant IV, where final assembly of business jets and turboprops is performed, a company spokeswoman told AIN. “There is no effect on operations,” she added. Repair is under way on the building and employees have been reporting for work as scheduled this week.
Bombardier’s first Global 6000 with the Global Vision flight deck was delivered during a ceremony on March 31 and shown publicly for the first time at the NBAA Regional Forum at Van Nuys Airport in Southern California on Thursday. The operator of the new Global 6000 is Wideworld Services.
The weather gods smiled on the NBAA Business Aviation Regional Forum held at Van Nuys Airport in Southern California on Thursday. The following day, the skies opened up and poured rain on the valleys and snow on the mountains. Hosted by TWC Aviation, the forum drew more than 1,600 visitors, 116 exhibitors and 16 aircraft on static display. The largest jet was an Embraer Lineage 1000 and the smallest was the Cirrus SF50 Vision Jet prototype, which made its first appearance at an NBAA regional forum.
UK-based business aviation services group Ocean Sky is about to start construction of a new FBO complex at London Luton Airport. The new building will replace Ocean Sky’s existing FBO and will be immediately adjacent to its main hangar and maintenance shops, with direct access to an enlarged ramp space with capacity for 30 aircraft at a time.
GAMA released its revised 2011 annual report today, now that Hawker Beechcraft has issued its fourth-quarter and Fiscal Year 2011 financial results. Turboprop deliveries fell from 368 aircraft in 2010 to 361 last year, down 1.9 percent, while business jet shipments descended to 703, down 7.9 percent from 763 jets in 2010. Billings decreased slightly to $19.644 billion last year, down 0.4 percent from $19.715 billion in 2010.
Deliveries of business jets at Embraer increased by more than 60 percent in the first quarter, rising from eight last year (six light jets and two large jets) to 13 (12 light jets and one large jet) in the just-ended three-month period. The Brazilian aircraft manufacturer projects that it will ship 75 to 85 light business jets (Phenom 100s and 300s) and 15 to 20 large executive jets (Legacy 600/650s and Lineage 1000s) this year.
Former Cessna Aircraft chairman and CEO Russ Meyer received the U.S. Chamber of Commerce’s Carol B. Hallett Award on Thursday. “Russ’s critical leadership role at the intersection of aviation, business, policy and philanthropy exemplifies the spirit of the Chamber and all it embodies,” said AOPA senior vice president of government affairs Melissa Rudinger. Meyer, who served as a fighter pilot with both the USAF and USMC and spent more than three decades at Cessna, previously received NBAA’s Meritorious Service to Aviation Award, among many other accolades.
Aerion said today that it plans to fly a “more representative” wing test article for its supersonic business jet this summer. Following supersonic tests in 2010 aboard a NASA F-15B, the company has refined the wing design and plans to use the same aircraft to conduct another round of tests in June or July. Fabrication of the 40-inch vertical span by 80-inch chord test article is now under way and will be complete by the end of next month, it said.
Today CitationAir by Cessna announced an alliance with The Eliot Hotel, a historic boutique hotel in downtown Boston. Through this new relationship, guests of The Eliot Hotel will be eligible for “unique benefits” to fly privately with CitationAir, including 50 percent off the minimum purchase of a Citation Air Jet Card, a discount that could be as much as a $50,000, the company said. For CitationAir customers, The Eliot Hotel will offer exclusive guaranteed rates for a one-bedroom suite when they visit Boston.