Hawker Beechcraft Acquisition Company, LLC (“HBAC”) willhold a conference call at 9 a.m. EST on Wednesday, Dec. 16 to discuss its recent financial update. In addition, the Company will discuss and provide further information with respect to the recent agreement with NetJets to cancel deliveries over several years beginning in 2011. As previously disclosed, the recent cancellation of backlog orders with NetJets is not expected to have any material negative impact on revenue or earnings for 2009 or 2010, and additionally will not have a material impact on the Company’s liquidity in that time frame. Because of the unique nature of the NetJets contracts, the aircraft which would have been delivered to NetJets were not expected to contribute significantly to the Company’s expected earnings in 2011 and beyond.
HBAC’s conference call will be held at 9 a.m. EST on Wednesday, Dec. 16, 2009. To attend, please register at https://cossprereg.btci.com/prereg/key.process?key=PHFATTBV9. Once you have registered, you will be provided with the information you need to join the conference call, including dial-in numbers and pass codes. A recording of the conference call will be posted to the Company’s Web site on the afternoon of Dec. 16, 2009 and will remainavailable for 45 days.
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.; Chester,0 England, U.K.; and Chihuahua, Mexico. The Company leads the industry with the largest number of factory-owned service centers and a global network of more than 100 factory-owned and authorized service centers. For more information, visit www.hawkerbeechcraft.com.