Hawker Aircraft

December 3, 2012 - 3:45am

Dying is one thing. Being reborn is quite another, as Hawker Beechcraft, its employees, lenders and creditors are discovering during the current bankruptcy and restructuring.

At the NBAA Convention last month, HBC chairman Bill Boisture explained recent events to that point and outlined the Wichita OEM’s future, which he confirmed will not include its business jet line.

October 29, 2012 - 3:45pm

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.

October 29, 2012 - 2:15pm
Hawker Beechcraft

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.

October 23, 2012 - 3:30pm

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.

October 19, 2012 - 6:04pm
 If no bids are forthcoming, Hawker Beechcraft is mulling shutting down production of its business jet lines.

After four months of intense negotiation, a deal for the sale of Hawker Beechcraft to Superior Aviation Beijing collapsed October 18 with an announcement by HBC that the parties could not come to terms and it would proceed with the stand-alone plan of reorganization.

August 16, 2012 - 11:10am

With an eye on Brazil as “a key market for the entire Hawker Beechcraft line,” the Wichita, Kan.-based aircraft manufacturer is a major presence at LABACE this year, bringing six of its most popular aircraft.

August 16, 2012 - 10:55am
Hawker Beechcraft Premium Jet signing

Wichita, Kan.-based aircraft manufacturer Hawker Beechcraft predicts strong growth in demand for business aviation financing in Brazil over the next five years, based on research it conducted with Corporate Jet Investor of Surrey, England.

August 1, 2012 - 5:30am

A U.S. bankruptcy court has cleared the way for Hawker Beechcraft to begin “exclusive negotiations” for China’s Superior Aviation Beijing to acquire the civil aviation interests of the financially troubled group.

July 9, 2012 - 5:35pm
Cheng Shenzong, chairman of Superior Aviation Beijing

Superior Aviation of Beijing, China, has agreed to acquire financially troubled Hawker Beechcraft for $1.79 billion. Under the terms of the “strategic combination,” Superior Aviation also agrees to make payments over the next six weeks of the “exclusivity period” to support ongoing jet-related operations as a means of sustaining the jet business until the transaction closes.

May 13, 2012 - 1:15pm
Hawker Beechcraft

Barely two weeks after filing for U.S. Chapter 11 bankruptcy protection, Hawker Beechcraft Corporation (Stand 7060) told a pre-EBACE press conference on May 13 that it will be “well positioned for the future” when it emerges from that status later this year.

 
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