Hawker Beechcraft is expanding its global service network by adding Arabian Aircraft Service (Arabasco) to support its Hawker 800 series and Aerodata of Germany to support its Beechcraft line.
RayaJet chairman Nader Dajani today explained the thinking behind the Jordanian charter operator’s purchase yesterday at EBACE of a Hawker Beechcraft Premier II light jet. “The Middle East has always been focused on luxury,” Dajani said. “The bigger and fancier, the better. In the U.S., business people work out their cost per hour and decide how they can save money. They are astute. They count dollars before cents.
Hawker Beechcraft achieved the first new aircraft sale at this year’s EBACE show when Jordanian charter operator RayaJet and its sister company Ayla Aviation Academy signed a contract yesterday evening for a Premier II. This will be the first aircraft of its type operating in the Middle East.
Rizon Jet, the Arabian Gulf-based aircraft charter and management group, is looking to bridge the European and Middle Eastern markets by establishing new bases at the Qatari capital Doha and London’s Biggin Hill Airport. The company, which originally aspired to a low-cost, light jet business model, is focusing on the higher end of the charter sector.
Hawker Beechcraft this morning reported $537.6 million in net sales in the first quarter, a decrease of $38.9 million from the year-ago time frame, but net after-tax income increased to $66.9 million, compared with a net after-tax loss of $31.3 million in the first three months of last year.
A group of Eclipse 500 owners and Hawker Beechcraft (HBC) today announced the signing of a non-binding letter of intent under which HBC’s service network would provide maintenance and upgrades for Eclipse Owners Group (EOG) members. The two parties are now negotiating a “definitive binding agreement,” according to an EOG statement.
In December last year, aircraft manufacturer Gulfstream Aerospace laid off “a number of contract employees” and advised that at the end of the first quarter 2009 it would consider the possibility of full-time employee layoffs. Two months into this year, parent company General Dynamics announced a reduction in force that comprises 1,200 workers, including approximately 600 contract personnel.
Hawker Beechcraft (HBC) tapped industry veteran Bill Boisture Jr. as its new chairman and CEO. He succeeds Jim Schuster, who announced his pending retirement in November after eight years at the helm of the Wichita-based aircraft manufacturer.
Hawker Beechcraft yesterday tapped industry veteran Bill Boisture Jr. as its new chairman and CEO. He succeeds Jim Schuster, who announced his pending retirement in November after eight years at the helm of the Wichita-based aircraft manufacturer.
For the first time in five years, worldwide shipments of general aviation airplanes decreased in 2008, even as industry billings reached $24.8 billion, a 13.4-percent gain over 2007.
The General Aviation Manufacturers Association (GAMA) attributed the increase to order backlog, reflecting the filling of orders placed for turboprops and business jets during the strong economic years of 2006 and 2007.