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November 20, 2008

Hawker Beechcraft CEO Jim Schuster To Retire

Oversaw Company Through Transition To New Ownership

Eight years will apparently be enough for Hawker Beechcraft Corporation (HBC) Chairman and CEO Jim Schuster, who on Thursday announced his intent to retire from the company once a successor is found.

Company Still Posts Profit, Thanks To Legal Settlement

Innovative Solutions & Support announced this week its financial results for the fourth quarter and year ended September 30... and while the news was mostly positive, the woes of one client in particular strained the company's resources in 2008.

Talks Now Underway To Acquire 20.8 Percent Stake

Dassault Aviation, the French manufacturer of the Falcon line of business jets, has reportedly offered to expand its stake in the French avionics manufacturer Thales SA by acquiring a 20.8 percent interest owned by Alcatel-Lucent SA, the telephone equipment manufacturing firm.

ANN Special Feature: Alan Lyscars, Biddeford Airport - 11.20.08

ANN's Paul Plack talks with Alan Lyscars, AOPA Airport Support Network volunteer for the Biddeford Municipal Airport in Maine. Supporters of the airport beat back an election day referendum to clos

More AERO-Casts

SJ30 Returns To What It Does Best -- Setting Speed Records

Emivest Flies S/N 007 From London To Dubai In Just Over 7 Hours

Hoping to attract some positive headlines for what has been an extremely troubled light jet program, Emivest Aerospace Corporation recently touted a new speed record for the SJ30 business aircraft -- flying from London to Dubai on November 10 in seven hours and seven minutes, including a 41-minute fuel stop in Istanbul.