Wichita-based Hawker Beechcraft reported third-quarter pre-tax profits of $62.1 million and quarterly aircraft sales of $871 million, resulting in a backlog of $5.2 billion. The company delivered 75 business airplanes (10 Hawker 850XPs, eight 900XPs, 12 400XPs, five Premier IAs and 40 King Airs) in the third quarter, up slightly from the 72 business turboprops and jets shipped in the same period last year.
Phoenix-based Mesa Air Group and Raytheon Aircraft have come to terms on an agreement to resolve “outstanding issues” related to the bulk of the airline’s fleet of 19-seat Beech 1900Ds. Mesa, which had defaulted on its loans for 47 of the airplanes, has agreed to resume its payments to Raytheon in exchange for certain monetary concessions from the Wichita-based manufacturer.
Hawker Beechcraft has obtained FAA certification for the King Air 350ER (ER for extended range), which adds nacelle fuel tanks to raise the aircraft’s fuel capacity to 775 gallons and its max range to 2,570 nm, an increase of more than 1,000 nm over a standard King Air 350.
Hawker Beechcraft has certified a longer-range version of the venerable King Air 350 twin-turboprop, an airplane that can stay aloft longer than eight hours and boasts an IFR range of 2,570 nm, some 700 nm farther than the standard model.
Wichita-based Hawker Beechcraft yesterday reported third-quarter pre-tax profits of $62.1 million and quarterly aircraft sales of $871 million, resulting in a backlog of $5.2 billion. The company delivered 75 business airplanes (10 Hawker 850XPs, eight 900XPs, 12 400XPs, five Premier IAs and 40 King Airs) in the third quarter, up slightly from the 72 business turboprops and jets shipped in the year-ago period.
Hawker Beechcraft has hired Harris Williams to shop seven of its U.S. fuel and line operations–a move not unexpected after the company announced late last month that it was selling its aircraft and charter management division to Sentient Flight Group. The planned sale would include Hawker Beechcraft FBOs in Atlanta; Houston; Indianapolis; San Antonio; Tampa, Fla.; Van Nuys, Calif.; and Wichita.
Hawker Beechcraft King Air C90, Chattanooga, Tenn., Sept. 20, 2007–No one was killed when the King Air, on final for Chattanooga Metropolitan Airport, lost power and crashed into a utility pole in a shopping center parking lot a half mile from the runway. The airplane was destroyed.
Hawker Beechcraft announced that Fargo, N.D.-based Fargo Jet Center has joined its worldwide network of authorized service centers. Fargo Jet will focus on the Beech Bonanza, Baron and King Air.
The debate between Littleton, Colo. maintenance-tracking provider AvTrak and Hawker Beechcraft (formerly Raytheon Aircraft) stemming from Raytheon’s sale of its Facts (Factory Aircraft Comprehensive Tracking System) to Ronkonkoma, N.Y.-based Camp Systems has heated up once again as a judge upheld a February injunction regarding ownership of the operators’ maintenance data.
Raytheon Aircraft has appointed Randy Groom president of its Beechcraft division, which consists of the Bonanza, Baron and Premier lines. The Beechcraft and Hawker brands were separated last year to focus and strengthen the level of quality and product-support efforts for the respective lines. Groom was formerly senior vice president at Piedmont Hawthorne Aviation in Winston-Salem, N.C., a Beechcraft authorized service center and dealer.