SINGAPORE (Feb. 15, 2012) – Hawker Beechcraft Corporation (HBC) today announced during the Singapore Airshow orders from the Indonesian, South Korean and Taiwanese governments for aircraft to be used for airway calibration and flight inspection missions. The aircraft – a Hawker 900XP, Hawker 750 and King Air 350 – will play a vital role in these countries’ commitment to providing the safest airways and airfields to air carriers, and meeting the latest international regulations and standards.
The Indonesian, Korean and Taiwanese governments recognize the advantages of Hawker Beechcraft airplanes, not only in upfront and on-going costs, but also in overall performance,” said Jay Gibson, vice president, Special Missions and Corporate Government Relations. “The three governments join nearly 30 countries around the globe that have purchased a total of 100 new Hawker Beechcraft airplanes for flight inspection and airway calibration missions in the last 50 years.”
The aircraft chosen for these essential missions come from across the company’s broad product range. All three provide the payload and range to efficiently execute flight inspection and airway calibration missions, while offering lower acquisition and operating costs than traditional military aircraft. The aircraft will be delivered to the three governments throughout the coming months.
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.