Hawker Beechcraft signed orders for nine aircraft–one King Air 350i, two King Air 250s, two King Air C90GTx and four Baron G58s–worth more than $34 million today at the NBAA Convention. The orders were placed by four Beechcraft distributors in Latin America–Aerolineas in Mexico; Aviaservice in Colombia, Caribbean and Venezuela; Aviasur in Chile; and Beechcraft de Guatemala. Business aircraft financier AirFinance is providing funding for the orders. Deliveries will begin in the second quarter and conclude by the end of next year.
Business aviation service provider Gama Group (Booth No. 2843) has entered an exclusive agreement through its subsidiary Gama Support Services with Professional Aviation Associates to hold consignment stock for Europe-based Hawker Beechcraft aircraft. The agreement significantly expands the range of stock that Gama Support Services holds for Hawker Beechcraft products, according to Gama Group.
Hawker Beechcraft (HBC) has donated a Hawker 400XPr jet to serve as the flying classroom for record-setting pilot and educator Barrington Irving’s latest project. The “Classroom in the Sky” project, an initiative of Irving’s non-profit Experience Aviation, will expose millions of students to aviation by allowing them to interact with him during a planned around-the-world flight, which will take him to all seven continents.
“It will be the only classroom in the world capable of reaching 41,000 feet in 18 minutes,” said record-setting pilot and educator Barrington Irving yesterday at the launch of his latest endeavor, known as “Classroom in the Sky.” The project, an initiative of Irving’s non-profit Experience Aviation, will attempt to expose millions of students to aviation by allowing them to interact with him during a planned around-the-world flight, which will take him to all seven continents.
On September 26, Hawker Beechcraft Global Customer Support celebrated the grand opening of its newest service center at the Aeropuerto Internacional del Norte in Monterrey, Mexico. Besides maintenance, repair and modification of airframes, powerplants and avionics systems, the Mexican Dirección General de Aeronáutica Civil-certified Hawker Beechcraft Services facility also offers interior modification and exterior paint. This is the second HBS facility in Mexico.
With the new Beechcraft Corp. exiting the jet business when Hawker Beechcraft emerges from bankruptcy as a standalone company in the spring, the company sought to clarify its position with regard to warranties today at the NBAA Convention.
Shanghai Hawker Pacific Business Aviation Service Centre General Manager Carey Matthews is upbeat about business aviation trends in mainland China. In a press briefing at NBAA’12 he reported that year over year growth is 13 percent for business aviation movements at both Hongqaio (SHA) and Pudong (PVG) airports in Shanghai, China. “We expect total movements to be around 4,000 at the end of 2012,” said Matthews.
Hawker Beechcraft is moving ahead with restructuring during Chapter 11 bankruptcy protection, and in a press conference here yesterday HBC chairman Bill Boisture made it clear the new Beechcraft Corp. that emerges in the first quarter of next year will focus on the turboprop and piston aircraft lines.
Before digging into the details of each of the light jet markets, it’s worth noting some global factors affecting the market. In 2012, the big story in the light jet market was Europe and the devaluing euro. As the light jet market typically trades in U.S. dollars, with the euro dropping nearly 20 percent in value compared to last year, European sellers saw an opportunity to take advantage of the strong dollar and liquidate at relatively lower dollar values for their assets, yielding a higher amount of euros.
The 65th Annual NBAA Meeting and Convention in Orlando, Fla., is taking place as the U.S. presidential election looms and with the state of the global economy very much on the minds of people worldwide. AIN recently took the opportunity to ask the leaders of several business aircraft manufacturers for their thoughts on the state of the economy and their forecasts for the business aviation industry.