VICTORIA, Australia (March 1, 2011) – Hawker Beechcraft Corporation (HBC) today announced it has received type certification from the Civil Aviation Authority (CAA) of New Zealand for its Beechcraft King Air 350i turboprop. First deliveries of the aircraft commenced in January. The company and its regional distributor Hawker Pacific are displaying the 350i at the Australian International Airshow and Aerospace and Defence Exposition this week at the Avalon Airport near Geelong, Victoria.
“The King Air 350 has traditionally been popular in this market due to its impressive payload, speed and range – offering low operating costs, increased performance and greater system redundancy over previous models and other aircraft,” said Dan Keady, HBC vice president, South Asia. “The 350i also features Rockwell Collins avionics and cabin management system, which greatly reduce pilot workload and increases passenger comfort. They are ideal airplanes for this region.”
The King Air 350i delivers exceptional performance and value. Now equipped with Rockwell Collins’ Venue™ cabin management system and state-of-the-art Beechcraft FlexCabin capability, the new 350i sets the standard for versatility and comfort while delivering outstanding fuel efficiency and the industry’s lowest operating cost per seat mile, making it one of the most environmentally friendly aircraft available.
Hawker Beechcraft Corporation is a world-leading manufacturer of business, special mission and trainer aircraft – designing, marketing and supporting aviation products and services for businesses, governments and individuals worldwide. The company’s headquarters and major facilities are located in Wichita, Kan., with operations in Salina, Kan.; Little Rock, Ark.; Chester, England, U.K.; and Chihuahua, Mexico. The company leads the industry with a global network of more than 100 factory-owned and authorized service centers. For more information, visit www.hawkerbeechcraft.com.
This release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, including statements that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management’s assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results may differ significantly from those envisaged by our forward-looking statements. Among the factors that could cause actual results to differ materially from those described or implied in the forward-looking statements are general business and economic conditions, production delays resulting from lack of regulatory certifications and other factors, competition in our existing and future markets, lack of market acceptance of our products and services, the substantial leverage and debt service resulting from our indebtedness, loss or retirement of key executives and other risks disclosed in our filings with the Securities and Exchange Commission.