DUBAI (Nov. 13, 2011) – Hawker Beechcraft Corporation (HBC) today announced it has opened an expanded office in Dubai, United Arab Emirates (UAE). The office, which is located in Jumeirah Lake Towers, is staffed by a team of sales and support experts available to provide advice on the full Hawker Beechcraft product lineup and turnkey solutions for aircraft ownership and support. The decision to expand HBC’s operations in the UAE comes as demand for private aviation in the Middle East continues to expand during the global downturn.
“We view the Middle East, Dubai in particular, as one of our key international growth markets and expect this to continue as the Arab nations continue to grow in importance in the global economy,” said Sean McGeough, HBC president, Europe, Middle East and Africa. “Therefore the new Dubai office will help us expand our presence in the region and capitalize on customer demand.”
The opening of Hawker Beechcraft’s Dubai office comes shortly after the launch of its new parts distribution centre in Dubai, which, combined with similar centres in Dallas, London, Johannesburg, Singapore and Beijing, make more than $375 million (AED1.38 billion) in inventory available to HBC customers worldwide.
The Hawker Beechcraft International Service Company can be contacted at Office 3201, Indigo Icon Tower, Jumeirah Lakes Towers, Dubai. The team can be reached at +971 4433 1763.
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 centres. 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.