I remember doing a demo flight last year for a company in our Beechjet. As the perspective buyer and I were walking out to the airplane, he said to me "I'm also thinking about a new Hawker," to which I said "Now that's a completely different airplane and a big bump in operating costs." The buyer said, "What do you mean? It has the same operating costs and is a MUCH more ADVANCED airplane!" Explaining to him that I flew both and saw the cost differences first hand had no effect.
Needless to say, some Raytheon salesman had already struck a deal with him to buy the new "Hawker" and he wanted to reasure himself he was making the right choice. Even though we demo'd our 1995 Beechjet 400A with new P&I, flap 20 mod and FMS updates, he went through and paid almost $3M more for a new "Hawker" that didn't even smell different.
Changing the Beechjet to a Hawker has been the joke of the industry now for around 2 years. Heck, why stop at the Beechjet? You could buy a "Raytheon Hawker A36" which is much more advanced than a Bonanza!
I flew a number of HS125- 400s with 731 engines on them. Each one was different in quality. It all depended on the cockpit layout, AD mods, avionics, and interior. One looked just like the HS125-700 FSI simulator, I couldn't tell the difference from the cockpit. The AD mods can be expensive, RVSM equipped is a big issue if you want to go above FL290.
Frac Capt has posted a nice link an an HS125-400. I liked flying the airplane, stand-up cabin, but the older HS125 still have the honey buckets that must be disconnected and hand carried from the back of the plane and out the FWD entry door. One spill and the carpet is ruined.
One mechanic told me that for every hour the plane flew, it required almost 4 hours of MX on average. Of course, he was the guy billing the operator. Could anybody else chime in on the MX cost of an older HS125?
Let's call a spade a spade. The only thing Hawker about a 400XP is the name. I have seen some 400xps on the road, but I have yet to hear a 400xp pilot with enough nerve on the radio call himself a hawker. I guess he knows I would clown him.
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