June 3, 2011

Final Pre-Production Hawker 200 Completes First Flight, Joins Certification Program

WICHITA, Kan. (June 3, 2011) – Hawker Beechcraft Corporation (HBC) today announced an important milestone in the development and certification of its Hawker 200 light jet. The final pre-production Hawker 200 has completed its first flight and will now begin contributing to the certification flight test schedule. The new Hawker 200 joins three other aircraft in the program, the first Hawker 200 and two modified Premier aircraft, and will be used for systems certification, functional and reliability testing, and interiors certification. 

“The aircraft performed exceptionally well during its two hour, three minute flight,” said HBC Executive Vice President Shawn Vick. “Development testing is more than 50 percent complete and the aircraft is meeting or exceeding all performance targets. We are excited about the Hawker 200 and are pleased with the progress of its flight test program.”

The Hawker 200’s capabilities include cruise speeds up to 473 knots, cruise altitudes up to 45,000 feet and a 1,500 nautical mile range with four passengers. It can perform typical light jet missions while going faster, higher and farther and offering more comfort with its class-leading cabin diameter – all for a lower operating cost per mile and a lower purchase price than the competition. In addition to its new winglets, the Hawker 200 features new powerful Williams International FJ44-3AP engines, a gross weight increase and a higher ceiling than its predecessor. It also includes a MultiScan Weather Radar, ADS-B Out capability, wireless database loading, and high reliability with a 400-hour inspection interval and 10-year composite airframe warranty.

Its high strength, state-of-the-art all-composite fuselage makes the Hawker 200 the most technologically advanced single-pilot business jet in the world. HBC has a full scale Hawker 200 interior concept mock-up, which features an innovative layout that has been optimized for the light jet mission. The mock-up is an impressive display of potential future Hawker styling and an important tool for HBC to gather specific feedback on customer desires in the new Hawker 200 interior.

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.