By Daniel McCoy, Reporter
Hawker Beechcraft has filed its delivery and financial forecast with the U.S. Bankruptcy Court for the next three years as it moves closer to emerging from bankruptcy.
Moving forward the company will be called Beechcraft Corp. and will focus on its piston, turboprop, defense and special mission aircraft.
The company projects deliveries of those aircraft will improve in the coming years:
• 248 deliveries in 2013.
• 297 deliveries in 2014.
• 338 deliveries in 2015.
• 381 deliveries in 2016.
That shows an optimism about the market for its products.
Here’s a look at the recent delivery history of the Beechcraft and defense models. These figures were derived from records kept by the General Aviation Manufacturers Association and exclude any business jet deliveries, which end under the Beechcraft Corp. plan.
• 317 deliveries in 2008.
• 320 deliveries in 2009.
• 245 deliveries in 2010.
• 239 deliveries in 2011.
So, according to Hawker’s forecast filing, the company expects deliveries of the planes it seems most likely to continue building to increase by 37 percent from 2011 to 2016.
The company is also optimistic about its return to profitability.
While it projects a net loss of $27.9 million in 2013, it expects to make a $92.9 million profit in 2014, followed by $119.2 million in 2015 and $139.1 million in 2016.
Sales during that time are projected to rise from $1.9 billion to $2.7 billion.
Here’s a look at Hawker’s full filing (PDF) outlining its projected performance in the coming years.