Hawker Beechcraft

August 16, 2012 - 3:40pm
Hawker Beechcraft King Air 250

Citing its own research and that of Corporate Jet Investor in the UK, Hawker Beechcraft expects strong growth in demand for business aviation financing in Brazil over the next five years.

The Wichita-based OEM said the study reveal that, in Brazil, 46.9 percent of experts anticipate demand for business aviation financing to increase “dramatically between now and 2017,” and 40.6 percent expect only a slight increase. Only China has higher expected growth, Hawker Beechcraft noted.

August 16, 2012 - 11:10am

With an eye on Brazil as “a key market for the entire Hawker Beechcraft line,” the Wichita, Kan.-based aircraft manufacturer is a major presence at LABACE this year, bringing six of its most popular aircraft.

August 16, 2012 - 10:55am
Hawker Beechcraft Premium Jet signing

Wichita, Kan.-based aircraft manufacturer Hawker Beechcraft predicts strong growth in demand for business aviation financing in Brazil over the next five years, based on research it conducted with Corporate Jet Investor of Surrey, England.

August 15, 2012 - 6:00pm

Hawker Beechcraft announced today at LABACE that the first customer aircraft in the Hawker 400XPR upgrade program is undergoing the Rockwell Collins Pro Line 21 avionics system retrofit at its Hawker Beechcraft Service facility in Atlanta.

August 1, 2012 - 1:15pm

Hawker Beechcraft (HBC) has introduced a limited-time sales promotion providing three years of complimentary maintenance to customers in North America who place an order for a Beechcraft King Air 350i or King Air 250 on or before September 15 this year.

August 1, 2012 - 6:00am

The results of this year’s AIN ­Product Support Survey took some interesting turns, but Gulfstream Aerospace once again retains the top spot in the Aircraft Survey, in the combined, newer and older aircraft ratings. The results of the Product Support Avionics Survey will be published in AIN’s September issue, followed by the Engines Survey in the October issue.

August 1, 2012 - 5:45am

On July 13, Hawker Beechcraft filed a request with the U.S. bankruptcy court requesting permission as part of the restructuring to grant bonuses to most of its “senior leadership team” (SLT, see below).

The incentive bonuses under the key employee incentive plan (KEIP) could total as much as 200 percent of each individual’s base salary; however, the filing makes clear that the bonuses are based on the achievement of certain incentive goals.

August 1, 2012 - 5:33am

The International Association of Machinists and Aerospace Workers (IAM) filed papers with U.S. Bankruptcy Court on July 16, challenging the proposed sale of Hawker Beechcraft to Superior Aviation Beijing.

“The proposed sale of Hawker Beechcraft to a Chinese government-backed entity has broad implications for the U.S. economy and national security,” said IAM International president Tom Buffenbarger. “The sale should not be rushed through without adequate scrutiny by all interested parties, including federal regulators, state officials and the Wichita community.”

August 1, 2012 - 5:32am

When Hawker Beechcraft announced on July 9 it was in negotiations that might result in its acquisition by Superior Aviation of Beijing, the most common response was, “Who?”

Superior Aviation is a Chinese aviation technology firm with a mission, according to Superior Aviation CEO Tim Archer, “to promote economic and industry development in the southern part of Beijing City.”

August 1, 2012 - 5:30am

A U.S. bankruptcy court has cleared the way for Hawker Beechcraft to begin “exclusive negotiations” for China’s Superior Aviation Beijing to acquire the civil aviation interests of the financially troubled group.

 
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