WICHITA, Kan. (Nov. 10, 2011) – Hawker Beechcraft Corporation (HBC) today announced it will present a comprehensive display of its commercial, special mission and military trainer aircraft at the Dubai Air Show, Nov. 13-17, at Dubai International Airport. On static display will be the company’s flagship super-midsize business jet, the Hawker 4000, as well as a Hawker 900XP, Beechcraft Premier IA, Beechcraft King Air 350i and Beechcraft King Air 250. The company will also display its Special Missions King Air 350ER demonstrator and Beechcraft T-6C military trainer.
“In recent years, we have recognized a shift in the demographics of business aircraft owners in the Middle East, subsequently changing their transportation needs to conduct international business in a timely and effective manner,” said Sean McGeough, HBC president, Europe, Middle East and Africa. “HBC has capitalized on these needs, allowing us to achieve a regional market share population of 60 percent of turboprops and 40 percent of jets in our segments.”
As the region’s economic strength continues to grow, the utilization of aircraft is also growing. One of HBC’s largest growth segments in the Middle East is its special mission applications, which range from maritime patrol and Intelligence, Surveillance and Reconnaissance (ISR), to commercial applications such as aerial photography, air ambulance, flight inspection, weather modifications and transportation for government officials.
Joining the company’s King Air 350ER demonstrator in the Dubai display will be a Russian Government King Air 350 Flight Inspection aircraft as well as an Iraq ISR King Air 350ER.
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.
All statements that are not reported financial results or other historical information are 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. This release includes forward-looking statements including, for example, statements about our business outlook, our supply chain, our liquidity, our products, including the timing of new product introductions, and the markets in which we operate, including growth of our various markets and our expectations, beliefs, plans, strategies, objectives, prospects, and assumptions for future events or performance. These forward-looking statements are not guarantees of future performance. 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 also based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by, the 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 the substantial leverage and debt service resulting from our indebtedness; general business and economic conditions; competition in our existing and future markets; disruption in supply from key vendors; disruptions to our operations due to our computer system upgrade during the three months ended September 30, 2011 and any impact that such upgrade may have had on our internal controls; production delays resulting from lack of regulatory certifications; work stoppages at our operations facilities; lack of market acceptance of our products and services; loss or retirement of key executives; and other risks disclosed in our filings with the Securities and Exchange Commission.