Hawker Beechcraft Corp.
RTX & State Settle Dispute Over Taxes on Missile Sales
The settlement means the state will continue to treat companies’ sales to the federal government as if they were in-state sales for tax purposes, avoiding a possible precedent that could have cost Arkansas millions annually. read more >
by George Waldon -
Little Rock’s Clinton National Airport Looks Beyond Passengers for Revenue
The Bill & Hillary Clinton National Airport is holding its own in the face of declining passenger counts. While that downward trend continued to cut into revenue from landing fees and parking, the state’s largest airport more than made up for it in other areas. read more >
by George Waldon -
Beechcraft to be Bought by Cessna Parent Company
Cessna Aircraft parent company Textron Inc. said Thursday it will buy Beechcraft Corp. for approximately $1.4 billion, a deal that would combine two mainstays of Wichita's general aviation industry. read more >
by Associated Press -
Landing Dassault Falcon: How Local Officials Collaborated on a $60M Expansion Deal
Dassault Falcon Jet’s $60 million, 250,000-SF expansion announced in May was the result of years of state and federal officials toiling to make the Clinton National Airport the best location for the jet finishing facility. read more >
by Luke Jones -
Ron Mathieu on What’s Next at Clinton National After Hawker Beechcraft
Despite the Chapter 11 bankruptcy of Hawker Beechcraft, the company continues to pay on its nearly $600,000-a-year lease with Clinton National Airport, said the airport’s executive director, Ron Mathieu. read more >
by Jan Cottingham -
Hawker, Now ‘Beechcraft,’ Emerges From Chapter 11 Bankruptcy
Hawker Beechcraft says it has emerged from Chapter 11 bankruptcy, calling itself "Beechcraft" and claiming it is stronger and more financially stable. read more >
by Lance Turner -
Arkansas Aerospace Alliance Sets Sights on Promoting, Supporting State’s Aviation Sector
Arkansas State Chamber of Commerce/Associated Industries of Arkansas has announced the formation of the Arkansas Aerospace Alliance, a trade association "to support and promote the growth of the aerospace and aviation industry in the state." read more >
Hawker Beechcraft to Close Little Rock Facility, Reduce Arkansas Workforce
Hawker Beechcraft Corp. of Wichita, Kan., announces that it will close its Hawker Beechcraft Services facility in Little Rock and reduce its remaining workforce. read more >
by Luke Jones -