Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

Hawker Beechcraft (HBC) will have to pay $14.2 million to close a two-year-old dispute with Airbus, which manufactures Hawker business jet airframe components for Wichita-based HBC. On April 29, an arbitrator–the International Chamber of Commerce–imposed the award for damages relating to HBC’s purchase volume obligations for fuselages, wings, track kits and spare parts under an airframe purchase and support agreement. The European aircraft manufacturer requested arbitration in May 2009, alleging “that [HBC] breached its obligations under the airframe purchase and support agreement dated Aug. 19, 1998.” According to SEC filings, Airbus claimed that the two companies agreed in April 2008 for HBC “to purchase increased volumes of fuselages, wings, track kits and spare parts in the 2008 to 2010 time frame.” Airbus said it invested substantially to “expand its production capacity” to meet the demand from Hawker Beechcraft, but that HBC in early 2009 “unilaterally reduced the number of shipsets that it would purchase in breach of its contractual obligations.” Airbus was seeking damages of more than $60 million from HBC.

Airbus Wins $14.2M in Dispute with Hawker Beech

Hawker Beechcraft (HBC) will have to pay $14.2 million to close a two-year-old dispute with Airbus, which manufactures Hawker business jet airframe compone

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