All posts tagged 'Hawker'

The 400E Program

By Meghan Welch – Interior Sales and Design Manager
Elliott Aviation

The 400E program is the next generation Beechjet 400A/Hawker 400XP upgrade. The program is a full Beechjet 400A/Hawker 400XP refurbishment including Garmin G5000 avionics with Lumatech LED master warning panel, Gogo WiFi with Gogo Vision (On-Demand-Movies), innovative exterior full paint design and a completely redesigned weight saving interior.

The Idea

As an Authorized Service Center with many Beechjet/Hawker 400XP customers, we have heard from various operators asking for an affordable update to their aircraft that also increases useful load. They also were in need of more headroom for their passengers along with entertainment options. Lastly, operators needed an avionics update to fulfill the 2020 ADS-B mandates. After much research, the 400E provides Beechjet/Hawker 400XP operators exactly what they were looking for.

Weight Saving Interior and Improved Functionality

The 400E program offers a completely redesigned interior that includes USB charging ports, redesigned cabinetry and variable color LED upwash and downwash cabin lighting all controlled through a mobile app. The newly designed shell kit is complete with a recessed headliner. The new shell kit creates a welcoming and more-open feel in the cabin with more headroom. The 400E program includes a redesigned arm ledge with LED accent lighting in the PSU’s, drink holders, window reveals, and toe-kick lighting. The electric window shades create the ease of light and comfort into the cabin. The variable LED lights add a multitude of atmospheres the user can create from a relaxing environment, to a cabin conference center, to a place to enjoy.

Other interior features include Gogo WiFi with Gogo Vision (On-Demand-Movies), allowing passengers the comfort of knowing they can have the option to continue their work while in flight or to kick back, relax and watch a movie or surf the web.

The Elliott team looked extensively into the weight savings options. By redesigning the forward baggage cabinet, we were able to use what was once unusable space. The redesign now allows useful storage and amenities while gaining a prep/serving area. With newly fabricated cabinetry, the team was able to lighten the front end.

Garmin G5000 Avionics

The Garmin G5000 avionics system is the latest system upgrade for Beechjet 400A and Hawker 400XP. With the new Garmin G5000 avionics system, there will not be a need for CASP or high yearly avionics maintenance cost. The system meets all ADS-B 2020 mandates and includes WAAS/LPV. Not only will it cut maintenance cost, but the system comes with touchscreen controls, synthetic vision, new LED displays, autopilot and XM weather. Lastly, the G5000 will cut weight of the aircraft as well.

The 400E program will allow Beechjet 400A and Hawker 400XP operators an affordable way to upgrade and will allow an increased usable payload, increased aircraft value, and increased comfort and interactive experience for passengers. After Elliott Aviation did the research, we are able to give Beechjet/Hawker 400XP operators what they asked for.

A completed Elliott Jets owned 400E will be available for viewing at the indoor static location of the annual NBAA Business Aviation Convention & Exhibition November 17th-19th in Las Vegas, NV.

Meghan Welch joined Elliott Aviation in 1998 as an Aircraft Sales Assistant and later helped build the paint and interior sales and design department in 2003. In 2007, she helped create the Design Center and was promoted to Interior Sales and Design Manager in 2015. Meghan has been successful in building a solid relationship with worldwide customers to personalize the interior of their aircraft to meet the customer’s functionality and style. Meghan has a Bachelor of Arts degree in Business Administration with a focus on Marketing and Finance from Augustana College.

Elliott Aviation is a second-generation, family-owned business aviation company offering a complete menu of high quality products and services including aircraft sales, avionics service & installations, aircraft maintenance, accessory repair & overhaul, paint and interior, charter and aircraft management. Serving the business aviation industry nationally and internationally, they have facilities in Moline, IL, Des Moines, IA, and Minneapolis, MN. The company is a member of the Pinnacle Air Network, National Business Aviation Association (NBAA), National Air Transportation Association (NATA), and National Aircraft Resale Association (NARA).

Beechjet/Hawker 400XP Garmin G5000 Retrofit Program

Breathing New Life into a Timeless Airframe

By Mark Wilken
Director of Avionics Sales for Elliott Aviation

www.elliottaviation.com

At NBAA this year, spectators had the opportunity to see the Garmin G5000 first-hand in the Beechjet. This is exciting news for Beechjet/Hawker 400XP owners and operators alike as it further affirms the longevity for this aircraft. Because avionics parts obsolescence is becoming a prevalent issue in older airframes, the G5000 retrofit rids any obsolescence issues and further enhances the capabilities of this magnificent airframe.

Garmin recognized the importance of the G5000 program, as over 700 Beechjet/Hawker 400XPs/Jayhawk T-1A are currently flying, with many of them older and rapidly facing avionics parts obsolescence issues. However, this viable airframe is still a leader in the light jet segment. The aircraft features 450 Knot speeds with a 1,300+ NM range. Additionally, this airframe is based on a squared oval design with a flat floor, allowing a superior cabin cross-section for ultimate head and shoulder room.

Paired with the G5000, the useful load increases by 150 lbs or more. The G5000 is not just a partial avionics upgrade leaving much of the 1980’s technology but a complete replacement of the entire avionics suite including a new Garmin autopilot system. The G5000 instrument panel consist of three 12” LCD displays that provide the pilot and copilot with all the latest technologies including Synthetic Vision, Electronic Charts, XM Weather, WAAS/LPV, ADS-B, Engine Indication, MFD Range Rings including Reserve Rings, and more.

The 2nd half of this decade will see the Beechjet series aircraft facing CRT Display obsolescence, AHRS obsolesce, WAAS/LPV upgrades, ADS-B out upgrades and a rising cost per hour for avionics repairs. The G5000 will take care of all of these issues in one short downtime, making it a true upgrade that will keep this aircraft flying for many years to come.

With the G5000 officially flying in the experiential stage, customers are looking at this retrofit beginning late 2015. At Elliott Aviation, we are looking forward to installing the Garmin G5000 in Beechjet/Hawker 400XP’s from all over the world. We will be striving to achieve the same milestones that make our Garmin G1000 King Air retrofits such a success like a 15-day downtime, all new wiring, and industry-leading checkout instruction.

About the Author

Mark Wilken joined Elliott Aviation in 1989 as an Avionics Bench Technician. He was promoted to Avionics Manager in 1996 and joined the sales team in 2003. Mark has led many highly successful avionics programs such as the King Air Garmin G1000 avionics retrofit program. He recently led efforts for Wi-Fi solutions in Hawkers, King Airs and Phenom 300’s. Mark holds a Bachelor’s Degree in Aviation Management from Southern Illinois University and is a licensed Pilot.

 

Why Do People Fly Business Aircraft?

The Oct-Nov Business Jet Traveler (BJT) just arrived in my mail this past week. For the third year they published their Readers' Choice Survey. 1,100 of their subscribers responded with their thoughts and ratings regarding business aviation. The more things change, the more some things remain the same. Let's see.

The top three reasons people fly privately?

1. Save time

2. Ability to use airports the airlines don't serve

3. Ability to work enroute

No surprises. In fact all three really are about the productive use of time. You cannot save time, only spend it wisely. People who value their time use business aviation. That doesn't ever change.

The top three aircraft features among the BJT readers were:

1. Range

2. Economical operation

3. Cabin size

Speed was number five and baggage space, last on their list of choices. Economics was a surprise. Yes range and cabin are perennial favorites much as you'd expect. Speed ties directly into saving time, but not at any cost. So having the title of the World's Fastest Business Jet makes for great PR but if it is too expensive... Economics being number two makes me happy as that is how my company makes it living. I think this all ties into a Best Value for the business aviation user: saving time in a non-stop comfortable environment that makes fiscal sense.

Good news: more than half of the respondents flew the same or slightly more in 2013 than they did in 2012 and expect to fly the same or more next year. I'd say that bodes well for a slow and stable recovery. Only 4% reported that they will fly "much less than in the past year."

One set of questions were the same for fractional, jet card and charter users. It asked the respondents to rate those three sources of business aviation from 1 (low) to 5 (high) among nine factors. What interested me of those nine were customer service, value for the price paid, and overall satisfaction. All three scored very close to the same for customer service:

1. Jet Cards Customer Service = 4.20

2. Charter operators Customer Service = 4.18

3. Fractional shares Customer Service = 4.16

With no breakdown among the numbers reporting in the above categories, I'd say the average customer service levels were very good among the three types of service. I've heard anecdotally that some owners were less happy with fractional share companies but I think I have an answer there. Value was a bit different:

1. Charter value for price paid = 3.70

2. Jet Cards value for price paid = 3.70

3. Fractional shares value for price paid = 3.49

Fractional shares rated lower for value than the other two. They also rated 3.15 for Residual Value Terms. Given the drop and non-recovery in used airplane prices since 2008, I'd expect fractional shares to rate lower here versus a non-ownership option. I think this is where the fractional share owners' disappointment lies. They may have been enthusiastic about the ability of a business jet to maintain its value (or felt they were oversold on that?). When they saw that business airplanes lost value and are not recovering, they expressed their disappointment.

For overall satisfaction, I think the issue of residual values caused fractional share owners to be slightly less favorable towards their overall experience:

1. Charter overall satisfaction = 4.00

2. Jet Cards overall satisfaction = 4.00

3. Fractional shares overall satisfaction = 3.89

BJT showed overall satisfaction broken out by manufacturer for owned airplanes. No numerical average was shown so a direct comparison with charter, jet cards and fractional is a bit difficult. "Excellent" rating were from 38% to 67% except for Hawker Beechcraft at 22%. Their financial woes, especially among Hawker Beechcraft jet owners I'm sure contributed to their lowest "Excellent" ratings. But, at that, they did get 54% of their owners giving them a "Very Good" for overall satisfaction. So for the business airplane manufacturers, every one had over 80% of their customers rating them as very good or excellent. I'd say that is, well, a very good rating for ownership.

Aircraft reliability is also rated quite high among business jet owners with all the major manufacturers having very good to excellent scores by 90% or more of their owners. 

Among the business helicopters, BJT had enough scores to report on Bell and Eurocopter. Oddly, Sikorsky did not have enough responses to be included. While Bell rated above Eurocopter (excellent and very good scores) for each of the categories queried, both manufacturers had fewer excellent rating in all categories versus their business airplane owners. Not sure whether helicopter owners are a fussier group or whether, as an industry, helicopter manufacturers are not quite as good at taking care of their business-flying customers as the fixed wing folks. 

The last question asked was "If you could receive a complimentary year of flying on the following, which aircraft would you choose?"  They had four helicopter categories, two turboprop categories and seven business jet categories. You'll have to go see the survey to see if your favorites were the readers' favorites. Let me say that being given any one of those models free to use for a year would make me very happy!

Hawker Beechcraft gets OK to liquidate jet inventory

By: Molly McMillin
View the full article: The Wichita Eagle


A bankruptcy judge ruled Tuesday that Hawker Beechcraft may move forward with the sale of its remaining Hawker 4000 business jet inventory.

The move comes three weeks after the judge rejected the company’s request to expedite the sale of Hawker 4000 inventory, saying Hawker Beechcraft shouldn’t race to abandon the assets and sell them at substantial discounts.

The company has 20 Hawker 4000s in its inventory with a retail value of $20 million each, it said in a November court filing. That includes 13 new Hawker 4000s, three in production and four used planes.

An ad hoc committee of Hawker 4000 owners protested the sale with the court last month, saying that rather than hasten the process, sales should move forward in a measured, responsible way to maximize their value.

Hawker Beechcraft filed for Chapter 11 bankruptcy protection May 3.

Hawker Beechcraft must maintain information about each Hawker 4000 sale, including the serial number, name of the buyer and the purchase price, which must be provided to the U.S. Trustee and advisers monthly, the judge said in his ruling Tuesday.

The company said in late October that it was discontinuing the warranties on Hawker 4000 and Premier 1 and 1A business jets as well as its extended service contracts on the two planes.

It’s also discontinuing its agreements to upgrade and enhance the Hawker 4000s.

Hawker 4000 owners, in response, have hired attorneys to protect their interests.

Hawker Beechcraft has said it plans to exit its jet business after emerging from bankruptcy early next year.

After talks to sell the company, except for its defense business, to Superior Aviation Beijing broke down, Hawker Beechcraft said it planned to emerge from bankruptcy as a smaller, stand-alone company called Beechcraft Corp. The reorganized company will focus on the King Air, Baron and Bonanza lines and defense and after-market business.

Hawker Beechcraft Announces Intent To Emerge From Chapter 11 As Standalone Company

SOURCE: PR NEWSWIRE
PROVIDED BY: www.aviationpros.com
Hawker Beechcraft also announced that it is no longer pursuing a transaction with Superior Aviation Beijing Co., Ltd. (Superior) because the parties could not reach agreement on the terms of a Plan Sponsorship Agreement.

WICHITA, Kan., Oct. 18, 2012 /PRNewswire/ -- Hawker Beechcraft, Inc. (Hawker Beechcraft) today announced that it intends to emerge from Chapter 11 protection as a standalone company. Hawker Beechcraft also announced that it is no longer pursuing a transaction with Superior Aviation Beijing Co., Ltd. (Superior) because the parties could not reach agreement on the terms of a Plan Sponsorship Agreement.

Robert S. "Steve" Miller, CEO of Hawker Beechcraft, Inc., said, "We made the decision to proceed with the standalone Plan of Reorganization after determining that, despite our best efforts, the proposed transaction with Superior could not be completed on terms acceptable to the company. We are disappointed that the transaction did not come to fruition, but we protected ourselves by obtaining a $50 million deposit from Superior that is now fully non-refundable and property of the company. The go-forward business plan we have developed with our creditors ensures that we will emerge from this process in a strong operational and financial position, with an enhanced ability to compete well into the future."

Business Plan

Upon its emergence from Chapter 11, the company intends to rename itself Beechcraft Corporation and will implement a business plan that focuses on its turboprop, piston, special mission and trainer/attack aircraft – the company's most profitable products – and on its high margin parts, maintenance, repairs and refurbishment businesses, all of which have high growth potential.

Bill Boisture, Chairman of Hawker Beechcraft Corporation, said, "Beechcraft Corporation will emerge as the world's leading designer and manufacturer of turboprop, piston and trainer/attack aircraft with the largest global customer support network in the industry. Our business strategy will focus on growing our key existing product lines: high performance single and twin engine piston and turboprop aircraft, uniquely missionized variants for the global special mission market, and multi-role light attack and trainer aircraft systems as well as the product development opportunities within these segments."

As part of this plan, the company, in consultation with its key creditor constituents, is evaluating its strategic alternatives for the Hawker product lines, which could include a sale of some or all of those product lines, or a closure of the entire jet business if no satisfactory bids are received.

Plan of Reorganization

Hawker Beechcraft will soon file an amended Joint Plan of Reorganization (POR) with the U.S. Bankruptcy Court for the Southern District of New York. The company will also file an amended Disclosure Statement that describes the details of the proposed POR. The company intends to schedule a hearing on the adequacy of the Disclosure Statement on Nov. 15, 2012.

Hawker Beechcraft's key economic stakeholders, including holders of a significant majority of the company's secured bank debt and unsecured bond debt, have already agreed to support the primary terms of the POR subject to Bankruptcy Court approval of the amended Disclosure Statement. Under the POR, pre-petition secured bank debt, unsecured bond debt, and general unsecured claims will be canceled and holders of such claims will receive equity in the reorganized company in the percentages negotiated by the major creditor groups at the time the company commenced its Chapter 11 proceedings.

The POR contemplates that Hawker Beechcraft's $400 million debtor-in-possession (DIP) post-petition credit facility will be repaid fully in cash. In addition, the company will enter into a new financing package that will go into effect upon its emergence from Chapter 11.

The company has more than sufficient liquidity to complete its restructuring and expects to enter into an extension of its DIP post-petition credit facility, the maturity date of which would coincide with its anticipated emergence from Chapter 11 in the first quarter of 2013. Court approval of the adequacy of the Disclosure Statement will allow Hawker Beechcraft to begin solicitation of votes for confirmation of the POR.

Hawker Beechcraft's legal representative is Kirkland & Ellis LLP; its financial advisor is Perella Weinberg Partners LP; and its restructuring advisor is Alvarez & Marsal. The Ad Hoc Committee of Senior Secured Lenders' legal representative is Wachtell Lipton Rosen & Katz. Credit Suisse serves as agent for the lenders under Hawker Beechcraft's secured pre-petition and DIP credit facilities. Credit Suisse' legal representative is Sidley Austin LLP and its financial advisor is Houlihan Lokey. The Unsecured Creditors Committee's legal representative is Akin Gump Strauss Hauer & Feld LLP and its financial advisor is FTI Consulting, Inc.

This release is not intended as a solicitation for a vote on the POR.

Hawker Beechcraft 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 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.

Media contact:
Nicole Alexander
+1.316.676.3212
Nicole_Alexander@hawkerbeechcraft.com
www.hawkerbeechcraft.com
Twitter: @HBCnews

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