Formerly a subsidiary of Raytheon Company, Raytheon Aircraft was bought earlier this year by Onex and GS Capital Partners and promptly renamed Hawker Beechcraft (Booth No. 6159). And at its first NBAA show under a “new” brand, president of commercial sales Brad Hatt described a corporate culture in which “we’re going to design, build and service the very best products in the business.”
Safe Flight Instrument Corp.’s (Booth No. 2239) AutoPower autothrottle system will be available to Hawker 800 series aircraft within a year, the company announced yesterday. Safe Flight and West Star Aviation will be unveiling the product and taking orders tomorrow afternoon between 4:30 p.m. and 6 p.m. at the Safe Flight exhibit.
The U.S. Air Force’s T-6 program office has suspended deliveries of the Hawker Beechcraft T-6A Texan II single-engine turboprop trainer “pending investigation of contract delivery issues,” according to a spokesman at the Air Force Air Education & Training Command (AETC). The AETC currently operates 320 T-6As for Air Force specialized undergraduate pilot training, and the U.S.
Goldman Sachs, the Wall Street investment firm, has a thing for business aviation, according to Sanjeev Mehra, the firm’s managing director. Raytheon Aircraft, purchased on March 26 this year, was its most recent acquisition. Investment funds controlled by the Goldman Sachs affiliate Goldman Sachs Capital Partners and Canada’s Onex Partners bought the Wichita OEM for $3.3 billion in debt and equity and renamed it Hawker Beechcraft.
Although business aircraft manufacturers talk at length about the effort they’ll make to satisfy a customer, ask a chief pilot or director of maintenance about the service they are receiving–and the service they feel they should be getting–and the answer is likely to be emphatic and passionate.
Of all the sub-segments of the general aviation market, the turboprop field is the only one not experiencing a marked increase of new development. At airshow after airshow, very light jets, personal single-engine jets, more powerful piston singles and light sport airplanes have garnered the greatest amount of attention.
Hawker Beechcraft dominated the business aviation news headlines this week at Asian Aerospace in Hong Kong, announcing 10 new jet sales and the strengthening of its sales network for the promising Asian market. Macau-based charter/management operator Jet Asia ordered four midsize Hawker 900XPs, along with four shorter-range Hawker 750s.
Although the second quarter of this year raised the order backlog at Hawker Beechcraft to a company record $5.1 billion, roughly double what it was at the same time last year, the realities of purchasing Raytheon’s aircraft division led to an operating loss of $36.6 million. Sales for the second quarter were down 10 percent from last year to $701 million, despite the fact the manufacturer delivered two more aircraft in the same period.
Each year the Bush Administration tries to slash funding for the Essential Air Service (EAS) program, and each year it fails, thanks in no small part to advocates for small community air service such as the Regional Airline Association.
Beech 1900D, Marlborough, New Zealand, June 18, 2007 – The New Zealand-registered Beech 1900 landed gear up at Woodbourne Air Station after the landing gear system failed. On the ILS approach to Wellington International, the crew did not get a gear-in-transit indicator light after lowering the gear and did not hear the hydraulic pump operating.