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Hawker Beechcraft Corporation Sells Fuel and Line Service Operations to BBA Aviation

Written by thomas · Filed Under Aeronautics News 

July 24, 2008

thomas

Company investing in Hawker Beechcraft Services expansion

WICHITA, Kan., July 24 /PRNewswire/ — Hawker Beechcraft Corporation
(HBC) announced it has completed the sale of the majority of its wholly
owned fuel and line operations to BBA Aviation. BBA Aviation is the world’s
largest fixed-base operation (FBO) and distribution network. The sale,
which was first announced on February 22, 2008, will allow Hawker
Beechcraft Services (HBS) to greater concentrate on its core business —
aircraft maintenance, repair, avionics and modifications — and invest in
the further expansion of its existing service centers.

The transaction includes fuel and line operations at seven domestic
U.S. locations in: Atlanta, Ga.; Houston and San Antonio, Texas;
Indianapolis, Ind.; Tampa, Fla.; Wichita, Kan.; and Van Nuys, Ca. Of these,
six have been transferred to BBA; with the company expecting final sale of
its Van Nuys facility shortly, once the necessary regulatory approvals have
been received. HBC will retain its factory-owned HBS maintenance and
customer support facilities located at these locations. Operations in
Little Rock, Ark.; Chester, England, U.K.; and Toluca, Mexico will not be
affected.

“Completion of this sale allows us to significantly invest in our
network of maintenance and service facilities worldwide,” said Jim
Schuster, HBC chairman and CEO. “We can now achieve our goal of having the
absolute best company-owned service center organization in the industry.”

With that goal in sight, HBC will begin a major expansion to its
aircraft maintenance and services facility in Little Rock, Arkansas with
new state-of-the-art facilities planned for Indianapolis, Indiana, and
Mesa, Arizona. With the addition of the Mesa facility, HBS will now have 11
service centers located across the U.S., Mexico and the United Kingdom. The
HBS network of factory owned world-class service centers provide
professional aircraft maintenance and repair with readily available access
to its knowledge base of factory expertise and engineering data.

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.; and Chester, England, U.K. The company leads the industry with a
global network of over 100 factory-owned and authorized service centers.
For more information, visit http://www.hawkerbeechcraft.com.

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