Investors detest the thought of losing money. So one has to wonder what the future holds for struggling Hawker Beechcraft. Investment bank Goldman Sachs and Canadian buyout firm Onex Corp. paid a top-of-the-market price of $3.3 billion in 2007 to acquire the builder of business jets and general aviation and military turboprops from Raytheon. But a collapse in demand for business jets the following year created a flood of red ink that has yet to be stanched, despite progress in cutting costs and improving efficiency.
In researching our cover package on aeromedical evacuation, one of the hardest things to grapple with was how to count casualties. It turns out that even those experienced in the field can become confused on what metric is the most appropriate to use in any given circumstance....More
In recent years the number of airlines operating Boeing's long-range, high capacity 777 (particularly the -300 series, but also some smaller -200s) has increased noticeably at the UK's premier international gateway....More