Tuesday, August 5, 2008

"Detailed Contingency Plans"

HBC Management continues to say they have plans to keep delivering airplanes, they just don't tell anyone WHAT they are... Reporters are asking, but they won't say.

Here's what the Wichita Eagle has to say this morning:

Company impact

Because Hawker Beechcraft has a record backlog of orders, the strike is "coming at a bad time," said Teal Group analyst Richard Aboulafia.

"That sounds like an instant production bottleneck," he said.

The good news is that strikes in the aerospace industry seldom last more than a few weeks, he said.

A strike isn't good for a young company like Hawker Beechcraft "that's probably still getting its act together," said JSA Research analyst Paul Nisbet.

Besides deferring deliveries, they also will "probably irritate quite a few customers in the process," Nisbet said.

The company should have clauses in its sales contracts absolving it of financial responsibility if it can't deliver because of the strike, he said.

"But it doesn't make the buyer any happier," Nisbet said.


Stay strong, strikers! The parking lots are empty, the lines are silent.