With the new Beechcraft Corp. exiting the jet business when Hawker Beechcraft emerges from bankruptcy as a standalone company in the spring, the company sought to clarify its position with regard to warranties today at the NBAA Convention.
As Hawker Beechcraft moves toward its resurrection as Beechcraft Corp. after exiting bankruptcy protection in the spring, it has not ignored research and development. Today at the NBAA Convention, Hawker Beechcraft executive vice president of customers Shawn Vick announced plans for three new turboprops, one of which will be a single-engine model and another a twin; the third is yet to be defined.
Astronics is forging ahead after purchasing enhanced vision system (EVS) maker Max-Viz in early August and recently signed an installation agreement with Hawker Beechcraft. Under the agreement, Hawker Beechcraft Global Customer Support will have the opportunity to install Max-Viz infrared EVS in any King Air equipped with an MFD that can display video images, according to Astronics president and CEO Peter Gundermann.
Hawker Beechcraft is moving ahead with restructuring during Chapter 11 bankruptcy protection, and in a press conference here yesterday HBC chairman Bill Boisture made it clear the new Beechcraft Corp. that emerges in the first quarter of next year will focus on the turboprop and piston aircraft lines.
Boeing has flown a “risk reduction prototype” for the U.S. Army’s enhanced medium altitude reconnaissance and surveillance system (Emarss). The modified Hawker Beechcraft King Air 350ER took off from Summit Aviation’s Middletown, Del. facility, on October 6. It will explore the effects of the added fairings for sensors on the aircraft’s aerodynamics; Boeing said it is seeking an FAA supplemental type certificate for the modifications.
Hawker Beechcraft Global Customer Support and Rockwell Collins have started flight testing on a touch-screen primary flight display upgrade for Pro Line 21-equipped King Airs. The Pro Line Fusion system with touch-screen and cursor-controlled flight displays will make its debut as an aftermarket option for these aircraft. Certification for the initial King Air application is expected by the end of 2013, with entry into service to follow in early 2014.
The 65th Annual NBAA Meeting and Convention in Orlando, Fla., is taking place as the U.S. presidential election looms and with the state of the global economy very much on the minds of people worldwide. AIN recently took the opportunity to ask the leaders of several business aircraft manufacturers for their thoughts on the state of the economy and their forecasts for the business aviation industry.
In a reorganization plan filed in June with the bankruptcy court, Hawker Beechcraft listed a number of options and assumptions available during the process, among them that the company might cease all jet production–something the company reiterated it planned to do last week when announcing it would emerge from bankruptcy as standalone company Beechcraft Corp.
After four months of intense negotiation, a deal for the sale of Hawker Beechcraft to Superior Aviation Beijing collapsed October 18 with an announcement by HBC that the parties could not come to terms and it would proceed with the stand-alone plan of reorganization.
The $1.79 billion deal for Superior Aviation Beijing to acquire bankrupt Hawker Beechcraft has been scrapped, the Wichita-based aircraft manufacturer announced this morning. As a result, Hawker Beechcraft now plans to emerge from bankruptcy protection in the spring as a standalone company focusing on its turboprop, piston, special-mission and trainer/attack aircraft, as well as parts, maintenance, repairs and refurbishment businesses. The company’s Hawker business jet lines will likely be sold–in whole or individually–or shut down, it added.