May 17, 2011

Hawker Beechcraft Officially Opens Order Book for Hawker 400XPR Upgrade at EBACE

Company accepting LOIs, pleased with program progress

[caption id="attachment_903" align="alignleft" width="300" caption="Hawker 400XPR"][/caption]

GENEVA, Switzerland (May 17, 2011) – Hawker Beechcraft Global Customer Support (GCS) today announced that it is using this year’s European Business Aviation Convention and Exhibition (EBACE) to officially open its Hawker 400XPR order book and begin accepting letters of intent (LOI) for its factory-direct aircraft upgrade program.

“Based on solid customer interest and rapid development progress, we are pleased to officially open the 400XPR order book and begin accepting LOIs at EBACE,” said Christi Tannahill, Hawker Beechcraft vice president, GCS.

With superior hot/high performance, 1,900 nautical mile range and one of the largest light jet cabins in the industry, the Hawker 400XPR delivers a value proposition that can be only matched by the newest light jets costing millions more.

Hawker 400XPR development is progressing smoothly and certifications of its Pro Line 21 avionics, genuine Hawker winglets and FJ44-4A-32 engines are currently anticipated in July 2011, December 2011 and June 2012 respectively. The company announced in April the addition of a second test aircraft to the program, which will be used primarily to pursue the development and certification of various avionics upgrade options.

The Hawker 400XPR offers greatly improved range and airfield performance, while reducing noise footprint and emissions by replacing the existing engines with new, more fuel-efficient Williams International FJ44-4A-32 dual FADEC high-bypass turbofans. The upgrade also features the addition of genuine Hawker winglets and an optional modernized flight deck with Rockwell Collins Pro Line 21 avionics. 

The 400XPR package is available exclusively through the factory-owned Hawker Beechcraft Services. To learn more, contact Randy Znamenak at +1.316.993.7409 or Randy_Znamenak@hawkerbeechcraft.com.

Headquartered in Wichita, Kan., Hawker Beechcraft GCS is dedicated to improving the value of Hawker Beechcraft aircraft by employing products and services to simplify aircraft ownership, reduce operating cost and increase resale value. GCS is comprised of four functional groups that include Support Plus (cost predictability/warranty programs), Hawker Beechcraft Parts & Distribution (genuine factory parts), Hawker Beechcraft Services (factory-owned service centers) and Technical Support (Field Support Representatives, Hot Line specialists and Technical Publications).

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.

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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.

Media contact:
Nicole Alexander
+1.316.676.3212
Nicole_Alexander@hawkerbeechcraft.com
www.hawkerbeechcraft.com