Today it’s hard to believe but in 2001 when the new European Business Aviation Convention & Exhibition (EBACE) was launched not everyone was convinced it would be a success. Now, with the 10th annual event being held this week, EBACE has established itself as the undisputed gathering place for Europe’s business aviation community and indeed for the wider global industry. Here AIN reflects on
Hawker Beechcraft had a busy start to EBACE 2010 yesterday, packing its massive static display here in Geneva with new customers. Then, while the delivery presentation was under way, it finally received European certification for its flagship Hawker 4000 before announcing both a new derivative product and a European partnership.
Hawker Beechcraft has brought examples of its entire commercial product range to EBACE for the first time, 10 aircraft forming its “global demonstrator fleet.” Its static park display includes a recently certified King Air 350i and C90GTx; a Hawker 4000, 900XP, 750 and 400XP; a Premier IA twinjet; a Baron G58 piston twin; and a Bonanza piston single.
Hawker Pacific’s Singapore maintenance base has been appointed the first Hawker 4000 authorized service center in Southeast Asia. Hawker Pacific has FBO and maintenance facilities throughout Southeast Asia and the Pacific Rim, including Dubai, Shanghai, Kuala Lumpur, Manila, Singapore, Jakarta, New Zealand and multiple sites in Australia.
Hawker Beechcraft on Tuesday reported an operating loss of $712 million on sales of $3.2 billion last year, compared with an operating profit of $140.3 million on $3.5 billion in sales in 2008. Besides lower sales last year, the company was affected by non-cash impairment and other charges totaling $726.4 million in the third quarter.
Hawker Beechcraft is establishing a new sales and customer support team in this part of the world. The U.S. manufacturer has recruited former Asia Jet CEO Justin Firestone as its new president for the AsiaPacific region. Firestone will continue to be based in Hong Kong and will lead a network of staff extending in Beijing, Singapore and Australia.
Hawker Beechcraft chairman and CEO Bill Boisture said during a hastily arranged fourth-quarter update conference call that he was “surprised” at the “timing and magnitude” of the $2.6 billion in cancellations from fractional provider NetJets (see page 69).
Hawker Beechcraft received type approval from the Civil Aviation Administration of China for the super-midsize Hawker 4000. Deliveries of Hawker 4000s to Chinese customers are scheduled to begin early this year. Besides China, the Hawker 4000 is certified in Bermuda, Honduras, India, the Isle of Man, New Zealand, Nigeria, South Africa, Turkey, United Arab Emirates and the U.S.
Hawker Beechcraft chairman and CEO Bill Boisture said yesterday during a fourth-quarter update conference call that he was “surprised” at the “timing and magnitude” of the order cancellations from fractional provider NetJets. On Monday, the Wichita-based manufacturer said that NetJets had canceled $2.6 billion worth of orders.
The third-quarter airplane shipment numbers released last month by the General Aviation Manufacturers Association (GAMA) starkly demonstrate the effect the economic downturn has had on the OEMs so far this year, following last year’s record deliveries.