Story ID: 4110812alerts
Hawker Beechcraft Cuts Keep Coming
By: AIN Staff
Caption: 
Word Count: 183
Citing its intention to emerge from Chapter 11 bankruptcy protection as the standalone Beechcraft Corp., Hawker Beechcraft notified employees yesterday that it will begin the process of closing Hawker Beechcraft Services facilities in Little Rock, Ark.; Mesa, Ariz.; and San Antonio. The Wichita-based OEM also affirmed that approximately 240 employees will be affected at these locations.

Hawker Beechcraft added that it will be implementing a separate reduction in force that will affect approximately 170 employees at its Hawker Beechcraft Corp. entities in Wichita and Little Rock. The news follows a late October announcement that a deal for the purchase of Hawker Beechcraft by Superior Aviation Beijing for $1.79 billion had collapsed, and that the company expects to close its business jet line to focus on turboprop and piston aircraft.

Last week at the NBAA Convention, executive v-p of customers Shawn Vick also announced that the new Beechcraft Corp. plans to build three new turboprops, including a single-engine turboprop based on the Premier 1A twinjet fuselage. He also noted plans to build a new piston single positioned between the Bonanza and Baron.