8/8/08

Hawker Beechcraft Acquisition Company, LLC Reports its Second Quarter 2008 Results



The Hawker Beechcraft homepage features a news release on Hawker Beechcraft Acquisition Company, LLC second Quarter 2008 Results. 

According to the release, Hawker Beechcraft Acquisition Company, LLC (HBAC) reported increased orders, improved sales and higher earnings during the three months ending June 29, 2008 as compared to the same period in 2007. Net bookings for the three months ending June 29, 2008 totaled $1.7 billion.

The continued strength in new order activity resulted in a new record backlog of $7.4 billion at the end of the second quarter of 2008. Net sales for the three months ending June 29, 2008 were $1,028.7 million. During the quarter, the Company delivered 129 business and general aviation aircraft consisting of 50 jet, 50 turbo-prop and 29 piston aircraft.


On June 18, 2008, HBAC delivered the first Hawker 4000, its flagship aircraft; a super-midsize business jet utilizing advanced composite construction. Second quarter 2008 sales increased by $327.6 million, compared to the second quarter of 2007, primarily due to the increase in aircraft deliveries. 

Source: Hawker Beechcraft
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