Hawker 4000, Challenger 300 or Falcon 50EX?
Join Date: Nov 2001
Location: Where the Money Takes Me
Posts: 947
Likes: 0
Received 0 Likes
on
0 Posts
Well you heard it here first - one available and esteemed Hawker 4000 (2009 YoM with less than 1,000 hrs TT) has just been reduced by US$3m to a paltry US$6.5m. Now, all of a sudden it looks a little more tempting ....... doesn't it?
Join Date: Jan 2004
Location: Far away from LA
Posts: 1,032
Likes: 0
Received 0 Likes
on
0 Posts
Especially when the court allowed Raython to sell the remaining airframes "as is where is" for whatever somebody want to do with them.
Closing H4000/H900/H400 production at once and doing what Beechcraft knows what to do : PROPELLERS.
Honestly : a mistubishi airframe with the noisiest engine available, a legacy pressure cooker deiced with alcohol, and a fiber/plywood bird with the most insane avionics ever build... Time for a break...break them all like the Starship..(Beautiful but ..well...)
Closing H4000/H900/H400 production at once and doing what Beechcraft knows what to do : PROPELLERS.
Honestly : a mistubishi airframe with the noisiest engine available, a legacy pressure cooker deiced with alcohol, and a fiber/plywood bird with the most insane avionics ever build... Time for a break...break them all like the Starship..(Beautiful but ..well...)
Don't you think there will be a solution for supporting the Hawker jets in the future?
When Fokker went tits up there were similar moanings but nowadays Fokker Services does a good job providing the neccessary services.
When Fokker went tits up there were similar moanings but nowadays Fokker Services does a good job providing the neccessary services.
Last edited by safelife; 21st Jan 2013 at 18:28.
Join Date: Jan 2008
Location: MAN
Posts: 769
Likes: 0
Received 0 Likes
on
0 Posts
Don't you think there will be a solution for supporting the Hawker jets in
the future?
When Fokker went tits up there were similar moanings but nowadays
Fokker Services does a good job providing the neccessary services.
Only an idiot with more money than sense, or some rich dude listening to his uninformed crew would even consider a Hawker right now.
What are you going to suggest next for the OP, get a GII???? That meets the requirements, and each and every thread always gets some muppet to suggest a GII, that is sorely missing on this thread thus far.
283 F100's were deliverd compared to the handful of 4000's, nobody can afford to maintain the current fleet of 4000's. Why do you think that Hawker themselves just cancelled all warranties on the airframes, if they can't make it work financially to maintain a handful of airframes, nobody else has a hope in hell doing so.
If you own a 4000, find the nearest hurricane/typhoon and park it in its path.
Last edited by cldrvr; 21st Jan 2013 at 20:11.
Join Date: Sep 2007
Location: where the money is
Posts: 385
Likes: 0
Received 0 Likes
on
0 Posts
It's always interesting to see how everybody is an advocate for her/his favourite product - and I am probably no exception.
Best way to go (also in order to keep your job stable):
- get professional advice
- don't be misled by what you as the driver would like to steer - look at the facts that really matter to your boss, instead.
- don't buy anything exotic, unless you're willing to accept the penalties
- find out where the nearest service center is, how many simulators there are and where and how many freelance pilots there are, in case you'll need a replacement.
- testfly some equipment with your boss onboard, if you can.
Best way to go (also in order to keep your job stable):
- get professional advice
- don't be misled by what you as the driver would like to steer - look at the facts that really matter to your boss, instead.
- don't buy anything exotic, unless you're willing to accept the penalties
- find out where the nearest service center is, how many simulators there are and where and how many freelance pilots there are, in case you'll need a replacement.
- testfly some equipment with your boss onboard, if you can.
Join Date: Dec 2002
Location: Essex, England
Posts: 91
Likes: 0
Received 0 Likes
on
0 Posts
[/QUOTE]
Don't you think there will be a solution for supporting the Hawker jets in the future?
When Fokker went tits up there were similar moanings but nowadays Fokker Services does a good job providing the nsafelife[QUOTE]
Keep up with the news chaps. Two investors and $600m cash injection. I have a feeling that the World's best selling biz jet will survive the recent stormy weather...They have been doing it for it for a LONG time.
Don't you think there will be a solution for supporting the Hawker jets in the future?
When Fokker went tits up there were similar moanings but nowadays Fokker Services does a good job providing the nsafelife[QUOTE]
Keep up with the news chaps. Two investors and $600m cash injection. I have a feeling that the World's best selling biz jet will survive the recent stormy weather...They have been doing it for it for a LONG time.
Join Date: Jan 2008
Location: MAN
Posts: 769
Likes: 0
Received 0 Likes
on
0 Posts
Keep up with the news chaps. Two investors and $600m cash injection.
So not quite 2 investors, just 2 debt holders swapping for equity, the 600Mn will be used for debtor in possession financing, pay settlements and cure payments.
Not as rosy as you make it sound, the 2 Hf's (Bain and Centerbridge) are just trying to make a go of it instead of writing of their debt for now.
Of course the entire pension liability thus far accumulated will be written of and swapped for the remaining 19%
So the 2 Hf's will get a company with no pension liability and no debt and can use the 600Mn from the bank for themselves as in possession financing without putting a penny in. Why not give it go, better then writing of their 900 odd Mn now, at least they can milk it for a bit longer.
It is however still up to the courts to approve the emergence from Chapter 11, not a done deal yet.
Last edited by cldrvr; 31st Jan 2013 at 20:09.