News reports that the state of Louisiana has lured Wichita-based Hawker Beechcraft to relocate there is being greeted — understandably — with grave concern by Wichitans and Kansans.
But Louisiana may be buying — and Wichita possibly losing — a company that isn’t viable, at least in its present form.
The Wichita Business Journal reported in August on a report that recommended that Hawker Beechcraft “should forgo making jet aircraft altogether.”
The move to Louisiana is thought to be a move to save on labor costs. But the report, as reported by the Journal, said that “cutting costs and waiting for the market to recover may not work.”
The article is Report: Hawker should divest all but King Air.