Jim Schuster, Hawker Beechcraft’s chairman and CEO since June 2001, on November 20 announced his intention to retire from the Wichita aircraft manufacturer. “Earlier this month, I began discussing my retirement plans with our board. After nearly eight years as CEO, I feel the time is right,” Schuster said.
Jim Schuster, Hawker Beechcraft’s chairman and CEO since June 2001, announced today that he notified the Wichita aircraft manufacturer’s board of his plans to retire from the company. “Earlier this month, I began discussing my retirement plans with our board. After nearly eight years as CEO, I feel the time is right,” Schuster said.
Despite Hawker Beechcraft announcement earlier this month that it is to lay off 5 percent of its workforce in the face of the global economic slowdown, executives with the U.S. manufacturer here at the MEBA show say the Middle East remains one of the few remaining bright spots for airplane sales. This is why it recently opened a new sales office in Dubai.
Very light jet. Super-midsize. Ultra-long-range. These are just some of the names that manufacturers, analysts and aviation journalists use to try to pigeonhole business jets into market niches. But with so much fragmentation in the field and a blurring of traditional lines, such attempts at classification are becoming harder than ever.
Elite Jets Fulfills Arabian Promise
The first customer Hawker 4000, which was delivered to cigarette wholesaler Gary Hall in June, was seized along with other assets on Friday by the U.S. government as part of a 43-count federal fraud indictment. According to the U.S.
Marking one of the few large orders announced at NBAA’08, Brazil-based Lider Signatures, a Hawker Beechcraft dealer and authorized service center since 1996, has placed an order with the Wichita OEM for 23 aircraft worth approximately $200 million. Lider CEO Eduardo de Pereira Vaz signed and sealed the contract here yesterday with Brad Hatt, president of commercial sales for Hawker Beech.
Aviation Partners has selected StandardAero (Booth No. 899),
Acknowledging that Flight Options had strayed from its original vision, company founder Kenn Ricci and CEO Michael Silvestro, both of whom returned to the operation in recent months, have announced initiatives designed to “recapture the energy we had” at the beginning.