Hawker Beechcraft’s King Air twin-turboprops continue to take the lion’s share of the Middle East turboprop business market, accounting for more than 70 percent of sales over the last three years. However, the type’s good endurance, configuration, capacious cabin and attractive operating economics have also made it a natural platform for a wide variety of special tasks, and many hundreds have been converted for special missions during the type’s long career.
The Middle East is continuing its trend in the growth of new aircraft deliveries, according to data released here at MEBA 2012 by Wichita-based aircraft manufacturer Hawker Beechcraft Corp. (HBC Chalet A12), which says it is picking up a good proportion of new orders for turboprops.
Hawker Beechcraft Corp. (HBC) rolled up to MEBA 2012 with its full line of civil Beechcraft King Air twin turboprops over the past two days as it prepared for a key court hearing, taking place today in the U.S., probing whether it has to honor warranties on Hawker 4000s and Premier I jets if, as intended, it sells its Hawker jets business to rebrand as Beechcraft Corporation.
With bankruptcy court approval yesterday of Hawker Beechcraft’s disclosure statement filed with its joint plan of reorganization (POR), the company’s emergence from Chapter 11 appears to be accelerating. The court’s move allows Hawker Beechcraft to begin soliciting approval of the POR from its creditors.
Aviation Fabricators (AvFab) has received Indonesian approval for the installation of its supplemental type certificate (STC) approved aft jump-seat kits for the Beechcraft King Air 300 and 300C (350).
Finding qualified aircraft maintenance personnel is becoming increasingly difficult and has led one recruiting firm to go on the road. Aerotek St. Louis recently held a job fair in Kansas City to recruit more than 100 aircraft mechanics, technicians, inspectors and engineers for a defense contract.
Hawker Beechcraft, which reported a $44 million net loss and $95 million negative cash flow in October, followed that filing with the bankruptcy court by reporting in a separate filing a sales forecast of $1.9 billion in 2013 as a new, standalone company following its emergence from bankruptcy in February.
Dying is one thing. Being reborn is quite another, as Hawker Beechcraft, its employees, lenders and creditors are discovering during the current bankruptcy and restructuring.
At the NBAA Convention last month, HBC chairman Bill Boisture explained recent events to that point and outlined the Wichita OEM’s future, which he confirmed will not include its business jet line.
The closing of some Hawker Beechcraft (HBC) factory-owned service centers as a result of the manufacturer’s bankruptcy has changed the way customers have their aircraft maintained, especially in the Southwest U.S. Previously, the factory-owned HBC center in Mesa, Ariz., pulled business from the West Coast, Mexico and other areas.
Biozyme, the owner of a Hawker Beechcraft (HBC) Premier IA, has filed an objection with the bankruptcy court handling the Hawker Beechcraft proceedings, questioning the manufacturer’s plan to suspend warranty coverage as part of its efforts to exit bankruptcy.