There are still white tails sitting on the ramps, but the numbers are dwindling. The inventory of used aircraft for sale remains staggering, but it too is shrinking. The skies aren’t filled with business jets, but as of July–the last month for the which data is available–the number of takeoffs and landings was rising.
While other aviation maintenance companies have been struggling, Mather Aviation has been able to expand, Victor Cushing, owner and president, told AIN.
Hawker Beechcraft yesterday announced that while it is making progress with the Premier II program, market conditions have prompted the company to delay entry into service of the derivative twinjet until late 2012 or early 2013.
Last week Hawker Beechcraft chairman and CEO Bill Boisture warned employees that due to “significant economic challenges…we are making a host of difficult business decisions to preserve our company.
At the General Aviation Jobs for Arkansas Forum held last week at a hangar at Dassault Falcon’s facility at Little Rock National Airport, politicians joined officials from Dassault and Hawker Beechcraft, about 100 community leaders and more than 500 Dassault and Hawker Beechcraft employees to focus on general aviation’s contributions to the Arkansas economy.
Just hours after taking part in a GAMA-organized “General Aviation Jobs For Arkansas Forum” yesterday in Little Rock, Hawker Beechcraft sent a memo to employees warning of yet more job cuts at the company, which is headquartered in Wichita but has a completions facility in Little Rock.
Hawker Beechcraft appointed Shawn Vick as its executive vice president, where he will lead the integration of marketing and sales, as well as further development of the company’s brand strategy and product definitions and offerings. “Shawn has extensive experience in both domestic and international sales and marketing,” said Hawker Beechcraft chairman and CEO Bill Boisture.
“Up slightly.” That’s the hopeful phrase often on the lips of those in business aviation these days when describing the health of the industry. Up slightly–ever so slightly in some cases–and in too many cases, not at all.
Hawker Beechcraft King Air B200, Fort Myers, Fla. April 12, 2009–The Beech King Air B200, registered to White Equipment Leasing, was landed by a passenger who was not rated in the B200, after the pilot became ill shortly after takeoff from Marco Island Airport (Fla.).
Like it or not, we live in a global economy. While balance-of-trade issues are complex, a free-market economy opens up new sources for raw materials, goods and services and creates new markets for U.S. businesses.