Hawker Beechcraft has announced its intention to sell or close its Hawker business jet line and the company is already busy talking to potential buyers.
Here, in no particular order, are the most likely candidates:
Mahindra & Mahindra
India’s largest auto maker only moved into aerospace in 2007. It already supplies components to Boeing for 737s and Gulfstream for G150s.
In 2009 it acquired Gipps Aero an Australian light utility aircraft maker. Gipps produces a family of aircraft ranging from two seaters to 20 seaters. Mahindra has said it wants to become a global leader in completed aircraft. Rothschild advised it on its bid for Hawker Beechcraft where it was rumoured to be the underbidder.
Pros: It likes a bargain. It could afford to invest in Hawker and it would fit its ambitions. Mahindra bid for Hawker Beechcraft.
Cons: Hawker Beechcraft’s sale advisers were concerned that Mahindra did not put enough effort into the first round. Mahindra likes to manufacturer in cheap countries, Hawker’s unions may not like the deal (although that probably goes for all remaining bidders).
24/10/12 Corporate Jet Investor
To Read the News in full at Source, Click the Headline
Here, in no particular order, are the most likely candidates:
Mahindra & Mahindra
India’s largest auto maker only moved into aerospace in 2007. It already supplies components to Boeing for 737s and Gulfstream for G150s.
In 2009 it acquired Gipps Aero an Australian light utility aircraft maker. Gipps produces a family of aircraft ranging from two seaters to 20 seaters. Mahindra has said it wants to become a global leader in completed aircraft. Rothschild advised it on its bid for Hawker Beechcraft where it was rumoured to be the underbidder.
Pros: It likes a bargain. It could afford to invest in Hawker and it would fit its ambitions. Mahindra bid for Hawker Beechcraft.
Cons: Hawker Beechcraft’s sale advisers were concerned that Mahindra did not put enough effort into the first round. Mahindra likes to manufacturer in cheap countries, Hawker’s unions may not like the deal (although that probably goes for all remaining bidders).
24/10/12 Corporate Jet Investor
