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Hawker Beechcraft
Hawker Beechcraft Corporation (HBC) was an American aerospace manufacturing company that built the Beechcraft and Hawker business jet lines of aircraft between 2006 and 2013. The company headquarters was in Wichita, Kansas, United States, with maintenance and manufacturing locations worldwide. The history of Hawker Beechcraft originated in 1994 when Raytheon merged its Beech Aircraft Corporation and Raytheon Corporate Jets units. In 2006, Raytheon sold the company to a consortium of Goldman Sachs and Onex Corporation. This deal left the company with a heavy burden of debt which it struggled to support from the economic crisis of 2008 onwards. In April 2012 it defaulted on interest payments and was in breach of banking covenants; this caused widespread speculation that it would enter bankruptcy. On May 3, 2012, the company entered bankruptcy, filing voluntary petitions under Chapter 11 in US Bankruptcy Court. The bankruptcy resulted in the company accepting an offer to be pu ...
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Steve Miller (business)
Robert Steven "Steve" Miller Jr. is an American businessman. He is chief executive officer of Hawker Beechcraft, non-executive chairman at American International Group and on the board of directors at Symantec. Life and career Early life Robert Miller holds an MBA from Stanford Graduate School of Business and an LLB from Harvard Law School. Career He began his career at Ford Motor Company in 1968 and worked for the company in various positions in the U.S., Mexico, Australia, and Venezuela. He was recruited to the Chrysler Corporation by Lee Iacocca in 1979. While with Chrysler in the 1980s, he was the executive in charge of arranging with hundreds of banks the U.S. Government insured program of loans that enabled Chrysler to avoid bankruptcy and become an industrial powerhouse under the leadership of Iacocca. Miller has also worked for Bethlehem Steel, Morrison-Knudson and Federal-Mogul. He became Chief Executive Officer of Delphi Corporation in July 2005 and was also Exe ...
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Hawker Beechcraft Logo
Hawker or Hawkers may refer to: Places *Hawker, Australian Capital Territory, a suburb of Canberra *Hawker, South Australia, a town *Division of Hawker, an Electoral Division in South Australia *Hawker Island, Princess Elizabeth Land, Antarctica *Hawker Creek, Missouri, United States In business * Hawker (trade), a vendor of food or merchandise * Hawker Aircraft, a British aircraft manufacturer * Hawkers (company), a Spanish sunglasses company Other uses * Hawker (surname) * One who practices falconry, hunting with hawks * Hawker College, a senior secondary college in the Australian Capital Territory * Hawker (dragonfly) The Aeshnidae, also called aeshnids, hawkers, or darners, is a family of dragonflies. The family includes the largest dragonflies found in North America and Europe and among the largest dragonflies on the planet. Description Common worldwide or ...
, a family of dragonflies in North America and Europe {{DEFAULTSORT:Hawker ...
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Hawker Aircraft
Hawker Aircraft Limited was a British aircraft manufacturer that was responsible for some of the most famous products in British aviation history. History Hawker had its roots in the aftermath of the First World War, which resulted in the bankruptcy of the Sopwith Aviation Company. Sopwith test pilot Harry Hawker and three others, including Thomas Sopwith, bought the assets of Sopwith and formed H.G. Hawker Engineering in 1920. In 1933, the company was renamed Hawker Aircraft Limited, and it took advantage of the Great Depression and a strong financial position to purchase the Gloster Aircraft Company in 1934. The next year, it merged with the engine and automotive company Armstrong Siddeley and its subsidiary, Armstrong Whitworth Aircraft, to form Hawker Siddeley Aircraft. This group also encompassed A. V. Roe and Company (Avro). The company continued to produce designs under the "Hawker" name as part of Hawker Siddeley Aircraft, which from 1955 was a division of H ...
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Late-2000s Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. T ...
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Beechcraft Baron 58TC
Beechcraft is an American brand of civil aviation and military aircraft owned by Textron Aviation since 2014, headquartered in Wichita, Kansas. Originally, it was a brand of Beech Aircraft Corporation, an American manufacturer of general aviation, commercial, and military aircraft, ranging from light single-engined aircraft to twin-engined turboprop transports, business jets, and military trainers. Phillips, Edward H., aviation historian, BOOK:"Beechcraft: Pursuit of Perfection: A History of Beechcraft Airplanes,"1992, Flying Books, , 9780911139112, retrieved May 16, 2017Green, William, Gordon Swainborough, and John Mowinski, BOOK"Modern Commercial Aircraft,"1987, Portland House, New York, Beech later became a division of Raytheon and then Hawker Beechcraft before a bankruptcy sale turned its assets over to Textron (parent company of Beech's historical cross-town Wichita rival, Cessna Aircraft Company). It remains a brand of Textron Aviation.Ostrower, Jon and John Kell"Textron ...
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Beechcraft A36 Bonanza
Beechcraft is an American brand of civil aviation and military aircraft owned by Textron Aviation since 2014, headquartered in Wichita, Kansas. Originally, it was a brand of Beech Aircraft Corporation, an American manufacturer of general aviation, commercial, and military aircraft, ranging from light single-engined aircraft to twin-engined turboprop transports, business jets, and military trainers. Phillips, Edward H., aviation historian, BOOK:"Beechcraft: Pursuit of Perfection: A History of Beechcraft Airplanes,"1992, Flying Books, , 9780911139112, retrieved May 16, 2017Green, William, Gordon Swainborough, and John Mowinski, BOOK"Modern Commercial Aircraft,"1987, Portland House, New York, Beech later became a division of Raytheon and then Hawker Beechcraft before a bankruptcy sale turned its assets over to Textron (parent company of Beech's historical cross-town Wichita rival, Cessna Aircraft Company). It remains a brand of Textron Aviation.Ostrower, Jon and John Kell"Textron ...
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