Bill Boisture 
 © Hawker Beechcraft

Bill Boisture, the former president of NetJets, Gulfstream Aerospace and British Aerospace Corporate Jets, has taken over as president and chief executive of Hawker Beechcraft, ending Jim Schuster's two-year reign at the Wichita, Kansas-based manufacturer of business and general aviation aircraft.

During his tenure, Schuster - who announced his retirement in November 2008 - oversaw the certification of the midsize Hawker 900XP and first delivery of the composite Hawker 4000 after more than a decade under development.

Boisture's arrival comes as the deepening global financial crisis continues to pummel the business aviation market, causing a sharp rise in aircraft deferrals and cancellations, as well as a fall in the overall use of business aircraft.

The downturn has forced Hawker Beechcraft to eliminate 2,800 jobs this year - nearly 30% of the company's workforce.

 

Source: Flight International