While NTSB investigators at South Bend Airport (SBN) in Indiana are searching for the cause of the March 17 crash of a Hawker Beechcraft Premier I, they are also wondering if there’s any connection between the SBN accident and two other Premier crashes in the past month. Nine people died in the three accidents.
Beechcraft Premier I
While NTSB investigators at South Bend (Ind.) Airport are probing the cause of the crash of a Hawker Beechcraft Premier during an approach on Sunday, they are also trying to determine whether there are any links between this accident and two other Premier crashes within a three-week period. Nine people have died in the three recent accidents involving Premiers.
In ruling on a request by Hawker Beechcraft to “reject certain [warranty support] agreements related to the Hawker 4000 and Premier I and IA,” bankruptcy court judge Stuart Bernstein decided last week to grant the motion in part, and deny it in part.
Another step toward Hawker Beechcraft emerging from Chapter 11 bankruptcy came yesterday when it received court authorization to sell its remaining inventory of Hawker 4000s. As part of its reorganization plan as a standalone company, Hawker Beechcraft is shutting down its business jet line and intends to sell 20 Hawker 4000s “for the best price possible, on an ‘as-is-where-is’ basis, with no warranty or support commitments.”
Qatar’s Rizon Jet (Stand 340) is eyeing business from all Gulf Cooperation Council (GCC) states, expanding its aircraft maintenance services and building up its aircraft trading and management offering, while preparing the ground for a move to the new Doha Airport and the establishment of an FBO at Paris Le Bourget airport.
Hawker Beechcraft, which reported a $44 million net loss and $95 million negative cash flow in October, followed that filing with the bankruptcy court by reporting in a separate filing a sales forecast of $1.9 billion in 2013 as a new, standalone company following its emergence from bankruptcy in February.
The slow and destructive passage of Hurricane Sandy before the 65th NBAA Convention and Tradeshow opened in Orlando on October 30 generated great concern about the safety of travelers and worry about what they would find when they returned home to the Northeast. Although New York-area airports opened in time for return flights, many worried about widespread power outages, severe water damage, destroyed infrastructure and ongoing challenges finding out anything about local facilities because so much of the cellphone network was compromised.
Pending revisions to its current plan for reorganization as indicated to bankruptcy judge Stuart Bernstein November 29, Hawker Beechcraft expects to emerge from Chapter 11 in February 2013, as the Beechcraft Corporation.
The closing of some Hawker Beechcraft (HBC) factory-owned service centers as a result of the manufacturer’s bankruptcy has changed the way customers have their aircraft maintained, especially in the Southwest U.S. Previously, the factory-owned HBC center in Mesa, Ariz., pulled business from the West Coast, Mexico and other areas.
In a reorganization plan filed in June with the bankruptcy court, Hawker Beechcraft listed a number of options and assumptions available during the process, among them that the company might cease all jet production–something the company reiterated it planned to do last week when announcing it would emerge from bankruptcy as standalone company Beechcraft Corp.
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