GENEVA, Switzerland (May 17, 2011) – Hawker Beechcraft Corporation (HBC) today announced that the flight test program for its Hawker 200 light jet is continuing on schedule and demonstrating substantially higher cruise speeds, lower fuel consumption and fewer carbon emissions at high speed than any current airplane in its class on a typical light jet mission. With four airplanes currently involved in the test program, the Hawker 200 is scheduled for certification during the third quarter of 2012. First deliveries are planned for the fourth quarter of 2012.
“The combination of the Hawker 200’s advanced aerodynamics, lightweight composite construction, high efficiency winglets and new, more powerful engines have demonstrated another element of its performance that is very important – especially to European customers – its carbon emissions are among the lowest in its class,” said HBC Executive Vice President Shawn Vick. “The Hawker 200 can, for example, make the 1000+ mile trip from Geneva to Istanbul faster and with better fuel efficiency than either the Phenom 300 or the Citation CJ4 with emission levels that are approximately 14 percent lower.”
The Hawker 200 is unique because it will fly high and fast, without sacrificing comfort or cost. Capabilities including 450 knots cruise speeds, 45,000 cruise altitudes and 1,500 nautical miles range with four passengers enable the Hawker 200 to perform typical light jet missions while going faster, higher, farther and offering more comfort with its class-leading cabin diameter – all for a lower operating cost per mile and a lower purchase price. In addition to its new winglets, new powerful Williams International FJ44-3AP engines, a gross weight increase and a higher ceiling; the Hawker 200 also features 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 at its EBACE static display, 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.
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.