As of press time, Raytheon Aircraft (RAC) chose not to comment on the effect on its Travel Air fractional-ownership program from the aftermath of the September 11 terrorist attacks. A company spokesman did say that RAC had decided not to participate in the rescheduled NBAA Convention to be held in New Orleans on December 12, 13 and 14.
Hawker Beechcraft has selected India-based Arrow Aviation Services as an authorized parts distributor for Rapid Aircraft Parts Inventory and Distribution (Rapid).
Hawker Beechcraft reported continued strong sales in the first quarter, though costs associated with Hawker 4000 certification and delivery delays resulted in the Wichita aircraft manufacturer posting a $1.5 million loss for the period. The company reported net bookings of $1.1 billion during the three-month span, resulting in a record backlog of $6.8 billion.
Hawker Beechcraft (Booth No. 7462) is extending its international reach and announced here at EBACE an order by Artur Przygoda of Poland for a Baron G58 piston twin. The airplane is to be registered in Europe with EASA and Hawker Beechcraft anticipates aircraft certification by EASA in time for delivery to Przygoda in October.
After announcing the launch of the Premier II on Monday, Hawker Beechcraft yesterday revealed it has firm orders for 40 aircraft and lesser commitments for another 30 of the upgraded version of the Premier IA. Firm orders are held by nonrefundable deposits. The Premier II features more powerful 3,050-pound Williams International FJ44-3AP engines, longer range (1,500 nm versus 1,150 nm) and a faster top speed (465 knots at 33,000 feet).
This afternoon at EBACE Hawker Beechcraft announced the $7.365 million (2010 $) Premier II, a long-awaited performance-enhanced version of the Premier IA. Driving the Premier II upgrade are 3,050-pound-thrust Williams International FJ44-3AP engines, which replace the 2,300-pound-thrust FJ44-2As on the IA, blended winglets and splayed ventral fins, but no fuselage stretch.
Raytheon Aircraft reported an operating loss of $41 million in the first quarter, compared with a loss of $4 million in the first quarter a year ago. The Wichita-based company also recorded sales of $494 million in the first quarter, down 22 percent from $637 million in the same period a year ago.
Hawker Beechcraft reported continued strong sales for its airplane offerings in the first quarter, though snags with the Hawker 4000 resulted in the Wichita aircraft manufacturer posting a $1.5 million loss for the period. “The loss was the consequence of an $18.4 million charge related to early production Hawker 4000 aircraft,” the company said.
InterGlobe General Aviation, a subsidiary of InterGlobe Enterprises, is opening a Hawker Beechcraft authorized service center at the Indira Gandhi International Airport in Delhi, India. It is the first authorized service center for Hawkers in India.
Hawker Beechcraft has donated $50,000 to the Corporate Angel Network (CAN), the White Plains, N.Y.-based organization that arranges free flights aboard business aircraft for cancer patients. To date, the Wichita-based company has donated more than $200,000. Jim Schuster, CEO of Hawker Beechcraft and a member of the CAN board of directors, said his company will continue to help CAN deliver transport to cancer patients in need.