Hawker Beech Lands Orders Worth $120 Million

Orders show vote of confidence in financially troubled manufacturer.

Hawker Beechcraft King Air 250
Hawker Beechcraft King Air 250
Hawker Beechcraft King Air 250

Hawker Beechcraft said it received orders for 11 airplanes – including three of its flagship Hawker 4000 super-midsize business jets, a Hawker 400XPR, six King Air 350i turboprops and a King Air 250 – during EBACE at Geneva International Airport in Geneva, Switzerland, last week. The total sales amount to more than $120 million, providing a revenue boost as the Wichita manufacturer deals with the fallout from its recent bankruptcy filing.

“EBACE 2012 has been an inspiring show for us, underscoring that this region of the world is important to the growth of business aviation and that Hawker Beechcraft has highly sought aircraft solutions to meet the transportation needs here,” said Shawn Vick, Hawker Beechcraft executive vice president. “We are particularly proud that these orders are based on existing relationships, an endorsement of the quality of our products and the customer support delivered by the Hawker Beechcraft team.”

Included in the orders secured at EBACE are a Beechcraft King Air 250 turboprop to an undisclosed customer and composite fuselage Hawker 4000 business jets to three European charter operators. InterAviation, a charter company based in Romania that caters to travelers throughout the Middle East, Europe, Russia and the Commonwealth of Independent States, is adding the Hawker 4000 to its current fleet that includes a Hawker 900XP. Malta-based flight operator Orion-Malta will use the Hawker 4000, along with a Hawker 900XP it already operates, to meet the growing demand for charter services from business owners across the Europe, Middle East and Africa region. JoinJet, a Nordic charter and aircraft management company, ordered a Hawker 4000 to complement its current Hawker fleet. JoinJet is part of the Danish airline SUN-AIR. JoinJet also ordered a Hawker 400XPR.

As part of the 11 orders at EBACE, HBC additionally secured an order for six Beechcraft King Air 350i turboprops from Hawker Pacific, a leading sales and product support company throughout the Asia Pacific region.