Hawker Beechcraft Acquisition Company reports second quarter results

Hawker Beechcraft Acquisition Company reported net sales for the three months ending June 29, 2008 were $1,028.7 million. During the quarter, the Company delivered 129 business and general aviation aircraft consisting of 50 jet, 50 turbo-prop and 29 piston aircraft. On June 18, 2008, HBAC delivered the first Hawker 4000, its flagship aircraft; a super-midsize business jet utilizing advanced composite construction. Second quarter 2008 sales increased by $327.6 million, compared to the second quarter of 2007, primarily due to the increase in aircraft deliveries. During the three months ending June 29, 2008, the Company recorded operating income of $86.4 million, compared to an operating loss of $36.6 million during the second quarter of 2007.

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