In the wake of news that Boeing plans to close its defense, space and security operations in Wichita by the end of 2013, the Greater Wichita Economic Development Coalition (GWEDC) has helped launch an aviation task force to develop strategies that will promote the city’s aviation industries.
Hawker Beechcraft Global Customer Support has released its 2012 Quick Response Team special events schedule. The OEM provides on-site technical expertise and immediate support to owners and operators at popular business, political, sporting and lifestyle events around the world. The 2012 events include: Super Bowl XLVI (February 5); Daytona 500 (February 26); Masters Golf Tournament (April 5 to 8) in Augusta, Ga.; Indianapolis 500 (May 27); and the Summer Olympics (July 27 to August 12) in London.
Hawker Beechcraft received type certification for the Hawker 900XP midsize business jet from the Interstate Aviation Committee (IAC) Aviation Registry in Russia, the Wichita-based aircraft manufacturer announced yesterday. The twinjet can reach any point in Europe from Moscow or St. Petersburg, according to Hawker Beechcraft. With the Russian approval, the Hawker 900XP has obtained type certification from more than 50 countries.
When the U.S. Air Force announced on December 22 that it had selected Sierra Nevada and its Brazilian partner Embraer as the winner in the competition to build a light air support aircraft, not everyone was happy, in particular Wichita-based Hawker Beechcraft, a competitor for the same contract.
Manufacturers are offering stepped-up support for visitors traveling by business aircraft to Super Bowl XLVI in Indianapolis, Ind., February 5. Bombardier is positioning field service representatives at local Indianapolis FBOs to help Learjet, Challenger and Global operators with any last-minute problems. Bombardier’s North American customer services team will be standing by, including parts logistics representatives and mobile repair engineers.
In a statement released December 14, Standard & Poor’s rating services said its ratings and outlook on Wichita-based Hawker Beechcraft (HBC) are not affected by the aircraft manufacturer’s retention of Perella Weinberg Partners to help assess its revolving credit agreement, the terms of which were last amended more than two years ago. The HBC decision followed Standard & Poor’s December 1 announcement that it would cut its credit rating of HB to Caa3, saying the manufacturer may be facing a distressed debt restructuring.
While Boisture’s assessment appears accurate, there are also signs that Hawker Beechcraft remains stuck, not between a rock and a hard place, but between a hard place and a harder place. And while some of Wichita-based OEM’s problems have their source in the current recession, others are more than a decade in the making, well before Boisture began his tenure at HBC in 2009.
After the U.S. Air Force awarded a $1 billion light attack aircraft contract last week to Sparks, Nev.-based systems integrator Sierra Nevada and its partner, Brazilian aircraft manufacturer Embraer, Hawker Beechcraft described the process as “yet another example of the Air Force’s lack of transparency through this competition.” The decision eliminated Hawker Beechcraft’s AT-6 in favor of Embraer’s A-29 Super Tucano, both of which are high-performance, single-engine turboprop aircraft developed from military trainers.
Business aviation in the Middle East is expected to keep growing at a faster rate than that seen in North America and Europe, but slower than the more dynamic expansion now being seen in the emerging markets of Asia. This is the broad consensus among manufacturers and service providers for a region that is now emerging from a somewhat unsettled two-year period that has seen some fall-out from wider economic problems and the so-called Arab Spring political unrest.
Hawker Beechcraft, which has been excluded by the U.S. Air Force from competing for a contract to supply a new light attack aircraft, is fighting mad and fighting back.