LAS VEGAS (Oct. 12, 2011) – Hawker Beechcraft Corporation (HBC) today announced that all of its turbine-powered aircraft are approved to use biofuels – a renewable resource that can help reduce the use of fossil fuels and minimize carbon emissions. To be used in HBC aircraft, they must meet American Society for Testing and Materials International (ASTM) turbine fuel standards.
HBC’s efforts to ensure its fleet can utilize environmentally-friendly biofuels coincides with its decision earlier this year to become a Founding Member of the Aviation Green Alliance, a program of The Lindbergh Foundation. “As the initial founding member company in the Aviation Green Alliance, HBC has an outstanding platform from which to advance aviation-environmental initiatives,” said Bill Plucker, HBC advanced design program manager.
The Lindbergh Foundation announced the formation of the Aviation Green Alliance in February of 2011. Hawker Beechcraft became the initial Founding Member of the organization in April. The Lindbergh Foundation is a public 501 (c) 3 non-profit organization based in Anoka, Minn., which focuses on technological breakthroughs to address significant aviation-environmental issues.
Hawker Beechcraft Corporation is a world-leading manufacturer of business, special mission, light attack 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.