Briefing December 2012 Issue
Briefing: December 2012
Hawker Seeks A Future Without China, and Probably Without Jets
Trying to avoid bankruptcy liquidation, Hawker Beechcraft has been trying to sell itself. It thought it had a buyer in Superior Aviation Beijing Co, but talks broke down. With no other buyer, Hawker is going to tighten its belt and try to stay afloat on its own. They hope to sell off their line of jets but, again, nobody’s buying and the line might just be closed. Hawker will focus its efforts on what it sees as “high growth potential” markets of turboprops, piston, special mission and trainer/attack aircraft while also relying on parts, maintenance, repairs and refurbs.
Next: The Drones are Coming