BEIJING (Aug. 23 2011) – In order to maintain a leading position and further develop the North Asia market, Hawker Beechcraft Corporation (HBC), a world-leading manufacturer of business, special mission, light attack and trainer aircraft, today announced the establishment of its new regional headquarters office in Beijing for the North Asia region, which covers mainland China, Hong Kong, Macao, Taiwan, Korea and Japan. Furthermore, it has increased its investment in the fast-growing Chinese market by adding local employees and strengthening its sales and marketing network in region.
“Hawker Beechcraft continues to demonstrate its commitment and confidence to this growing market, which is of great importance for our overall growth strategy,” said Jeff Anastas, HBC vice president of China, North Asia. “With the growth of the business aircraft market in China, we anticipate that customers are becoming very discriminating when they choose a business aircraft. With the establishment of our new regional headquarters office in Beijing and a stronger team on the ground, we are in an even better position to grow our market and demonstrate how we are the best choice for Chinese business aircraft buyers.”
In response to China’s increasing demand for business aircraft and the reform of regulations for low-altitude airspace, HBC is committed to bringing its high-performance aircraft, as well as its comprehensive and professional services, to Chinese business aircraft customers.
HBC has introduced various models of aircraft to Chinese customers since the company entered China more than 30 years ago. Six models of the company’s current lineup have obtained certification from the Civil Aviation Administration of China: the Hawker 4000, Hawker 900, Beechcraft King Air 350i/350ER, Beechcraft King Air C90GTx, Beechcraft Baron G58 and the Beechcraft Bonanza G36. To meet the growing demand of China’s business aircraft market and to provide Chinese customers with high-quality services, HBC recently appointed Metrojet as an authorized service center in Hong Kong, bringing convenience to its customers in China and abroad.
In addition to inaugurating the new regional headquarters office, HBC also announces a new appointment to its China team. James Wang has joined the company as the director of Marketing & Communications for the North Asia region. Wang has more than 10 years of brand marketing experience in China and Korea and will be responsible for promoting the Hawker and Beechcraft brands and facilitating future growth of the business.
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.cn.
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.