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Hawker Beechcraft customers balk at inventory sale

Associated Press Modified: November 19, 2012 at 2:45 pm •  Published: November 19, 2012
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The latest legal dustup comes in the wake of a Thursday filing in which the company sought court permission to renege on warranty and support obligations related to the Hawker 4000 and Premier I and IA jets. On Friday Hawker Beechcraft filed a related motion for an order authorizing it to sell its remaining Hawker 4000 inventory without warranty or support commitments.

The current customers also argued that Hawker Beechcraft has insisted it intends to "act responsibly" in dealing with them and has assured them it is committed to developing a service and support solution for the planes they bought. They contend that if Hawker Beechcraft does that the confidence it would generate in prospective Hawker 4000 customers should help increase the value of the remaining inventory of aircraft.

"This process will require a reasonable amount of time, not an accelerated process," the committee argued in its filing. "Thus, there is simply no reason to race to sell the Hawker 4000 inventory before those efforts play out."