In Hawker Beechcraft’s (HBC) 10-Q quarterly report that was released last week, the Wichita-based company revealed that it is engaged in a dispute with Airbus over manufacture of Hawker airframe components. According to Hawker Beechcraft’s SEC filing, the European aircraft manufacturer submitted a request for arbitration, alleging “that [HBC] breached its obligations under the airframe purchase and support agreement dated Aug.
Hawker Beechcraft has added Germany-based Aerodata at Braunschweig (BWE) Airport to its network of authorized service centers. In addition to aircraft maintenance, Aerodata can provide turnkey special-mission aircraft worldwide. Aerodata is also a source of flight inspection systems. Hawker Beechcraft has also added Jeddah, Saudi Arabia-based Arabian Aircraft Service (Arabasco) to the Hawker 800 authorized service center network.
Hawker Beechcraft (HBC) announced here this week the delivery of the first European Aviation Safety Agency (EASA) certified piston singles and twins to enter service in Europe. Three new Bonanza G36 single-engine aircraft went to a customer in the UK and one Baron G58 twin to a customer in Poland.
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.