A Mixed Sales Report from Hawker Beechcraft

Business Jet Traveler » October 2007
Monday, October 1, 2007 - 5:00am
Activity in the second quarter of this year raised the order backlog at Hawker Beechcraft to a record $5.1 billion, roughly double what it was at this time last year. However, the purchase of Raytheon's aircraft division by GS Capital Partners and Onex Partners for $3.3 billion cash led to an operating loss of $36.6 million.

Sales for the second quarter were down 10 percent from last year to $701 million, though the manufacturer delivered two more aircraft (109 jets, turboprops and piston airplanes) in the latter period. The mix of aircraft likely hurt the cause, as the company delivered only 30 jets, six fewer than in the same period last year.

The company did not deliver any Hawker 4000s in the quarter. However, the future looks bright for Hawker Beechcraft, as the value of orders rose more than 300 percent from a year ago, to $1.9 billion. The increase stemmed partly from NetJets Europe's order for 32 Hawker 4000s.

Meanwhile, the Hawker 750 made its first flight on August 23 and the Hawker 900XP received FAA certification the next day.
Share this...

Add your comment:

By submitting a comment, you are allowing AIN Publications to edit and use your comment in all media.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.


“This is going to be mind blowing. Mind blowing…It’s about having an architecture that would enable the creation of a self-sustaining city on Mars with the objective of being a multi-planet species and a true space-faring civilization and one day being out there among the stars…I’m so tempted to talk more about the details of it. But I have to restrain myself. ”

-SpaceX founder Elon Musk, on his plans for manned flights to Mars