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All News

March 26, 2007

It's Official -- RAC Is Now Hawker Beechcraft

$3.3 Billion Sale Of Former Raytheon Division Completed

Hawker Beechcraft Inc. -- the new company formed by GS Capital Partners, an affiliate of Goldman Sachs, and Onex Partners -- has completed its purchase of Raytheon Aircraft Company for approximately $3.3 billion in cash.

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Aero-News Featured Aero-Casts For Monday 03.26.07

Randy Bolinger Talks Restructuring At Columbia Aircraft

ANN Daily Touch N Go: 03.26.07 (ANN's Short-Form Daily News Program) ANN Daily Aero-Briefing: 03.26.07 (ANN's Long-Form Daily News Program) ANN Special Feature -- Columbia Aircraft's Randy Bolinger: 03.26.07 (ANN Special Feature, with Randy Bolinger on the restructuring at Columbia Aircraft.)

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Rural Airparks Feel Pressure From Developers

Increasing Land Value Concern To Those Who Call Airparks Home

Ah, spring. As the snow melts and the mud firms up (that wonderful season between winter and spring, "Mud Season"), fair-weather flying takes center stage to those whose true love has spent many long, dark months ensconced in hangars.

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Three Lost In Maryland Piper Crash

NTSB, FAA Investigate Saturday Morning Accident

A Piper PA32 Saratoga with three aboard crashed into a wooded area near a golf course in Northern Baltimore County, MD Saturday, killing the pilot and his two passengers, the AP reported.

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Belarus Blames Islamist Fighters For Friday Missile Attack

Somalia Says Downing That Killed 11 May Have Been Accident

 According to Balarus officials, Islamist fighters were responsible for the missile attack of a large Ilyushin plane in Somalia assisting African Union peacekeepers that killed 11 people onboard Friday.

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Banner Plane Goes Down Off SC Beach

Pilot Able To Swim To Safety

A Piper PA-18 owned by Sky Signs LLC of Conway, SC, crashed into the Atlantic Ocean Saturday while attempting to make a U-turn, ending upside down in the ocean some 100 feet from shore, reported the AP.

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