The new owners of Hawker Beechcraft are starting on a high note. The company announced greatly improved first-quarter earnings last week, with net sales in the first quarter of this year up 32.3 percent from the same period a year ago, to $667.8 million. Hawker Beechcraft delivered 60 turbine aircraft in the first three months of this year, placing it second overall in terms of units shipped.
The National Air Transportation Association (NATA) and a number of heavy hitters in the air charter industry have created the Air Charter Safety Foundation to promote Part 135 safety initiatives, including an industry-wide standard safety audit and adoption of safety management systems. Once an operator has completed the audit, the operator’s information will be included in an online registry for charter customers and others to review.
Cessna Citation 560 Ultra, Farmingdale, N.Y., April 10, 2007–Taxiing at Republic Airport on Long Island, the NetJets Citation hit a parked maintenance van. There was minor damage to the van and the aircraft, but no injuries were initially reported. The Citation was registered to NetJets Sales, c/o Macafee & Taft, Oklahoma City.
The newly formed Hawker Beechcraft announced its first fleet sale at EBACE in Geneva last month. NetJets Europe signed a contract for the purchase of 32 Hawker 4000 super-midsize jets. Deliveries of the aircraft are expected to begin next year and continue through 2016. The value of the contract, which includes maintenance, is more than $700 million.
Lufthansa Private Jet is here at EBACE 2007 at Booth No. 1240 enjoying the unexpected success of a combined airline-business jet product it launched just two years ago. It is now considering branching out into the U.S.
Gulfstream kicked off EBACE with an order for three G450s (and options on another 17) from National Air Services (NAS) of Riyadh, Saudi Arabia. The agreement, potentially worth more than $650 million if all options are exercised, calls for delivery of the first aircraft in the third quarter of 2009. Deliveries will continue for the following five years. NAS ordered three G450s in 2005 for delivery before the end of this year.
Nayak Aircraft Services Group, headquartered in Cologne, Germany, has teamed with LoPresti Speed Merchants of Vero Beach, Florida, to certify, market, install and maintain in Europe LoPresti’s Boom Beam landing and taxi light systems, the only xenon landing and taxi lights available for business aircraft.
Aircraft sales numbers often catch the big headlines, but it is the delivery figures that matter most to aircraft manufacturers. The unpredictable nature of economic cycles, customers’ needs and desires and a company’s many suppliers often cause a disconnect between reported sales and the number of airplanes that actually end up in customers’ hands.
Less than two months after completion of the sale of Raytheon Aircraft to the investment firms GS Capital Partners and Onex Partners for $3.3 billion, the newly formed Hawker Beechcraft announced its first fleet sale yesterday at EBACE.
Gulfstream kicked off its EBACE press conference yesterday with a contract signing for 20 G450s (three firm and 17 options) destined for National Air Services of Saudi Arabia. The agreement, potentially worth more than $650 million if all options are exercised, calls for delivery of the first aircraft in the third quarter of 2009. Other deliveries will continue for the following five years.