In its first-half earnings conference call this morning, Hawker Beechcraft announced its $487 million in new orders exceeded its cancellations of $80 million, marking the airframer’s ninth consecutive quarter of gain. However, the Wichita manufacturer noted its revenues in the business and general aviation segment decreased by 17.4 percent in the second quarter over the same period in the previous year.
Six of ExecuJet Aviation Group’s MROs have been designated Hawker Beechcraft (HBC) authorized service centers. They include ExecuJet Aviation facilities in Lanseria and Cape Town, South Africa; Dubai, UAE; Melbourne and Sydney, Australia; and Lagos, Nigeria. A spokesman for ExecuJet, which has a total of eight maintenance facilities worldwide, said the other locations will be considered based on demand.
If the business aviation industry is experiencing a recovery, it is by most indications a stumbling affair, with new markets leading the way.
In early May, JPMorgan described business aviation’s progress toward a recovery as “uneven.” In its May Business Jet Monthly report, the firm took note of a “post-recession low” in the inventory of used jets for sale, but also an overall drop in used aircraft prices.
“Buy X and get a free Y” is probably one of the oldest marketing come-ons in sales. Here at EBACE 2011, OEM Hawker Beechcraft of Wichita, Kansas, is taking the concept to a new level. Any Europe/Middle East/Africa (EMEA) customer who buys a Hawker Beech turbine airplane between EBACE and the end of the second quarter of this year will receive a Lotus sports car.
NetJets, the Berkshire Hathaway-owned fractional-share operator, completed a purchase agreement early last month for up to 120 new Bombardier Globals, a deal worth $6.7 billion if all aircraft options are taken. Notably, this is NetJets’ first order for Bombardier business jets; previous large-cabin acquisitions by the fractional provider have been for Gulfstreams and Falcons.
Kaman and Lockheed Martin continue to expand the missions being flown by the unmanned K-Max helicopter at the Army’s Yuma, Ariz., Proving Ground. The helicopter recently made multiple guided airdrops at 10,000 feet msl. The 16 payloads airdropped included medical equipment, food, simulated leaflets and bulk cargo and were programmed by the GPS-guided Joint Precision Delivery System (JPADS) or triggered from a remote ground control station.
NetJets, the Berkshire Hathaway-owned fractional-share operator, completed a purchase agreement late last night for up to 120 new Bombardier Global jets, a deal worth $6.7 billion if all aircraft options are taken. Notably, this is NetJets’ first order for Bombardier business jets; previous large-cabin acquisitions by the fractional provider have been for Gulfstreams and Falcons.
China's business aviation sector took a leap forward last year when the number of private jets registered in the country went into three figures for the first time, reaching a total of 116. The figure is part of a report published in February by the Firestone Management Group, which advises companies how to break into the emerging Asia-Pacific market.
Hawker Pacific will build an $11.6 million customer sales and service center at Seletar Aerospace Park, Singapore. The move confirms the expansion of its regional headquarters and relocation of its current Seletar operations at East Camp, Singapore.
Hawker 4000 set for major upgrade progra