Narrative:

On a deadhead flight we were assigned a descent to 3;000. During the descent a new altitude of 4;000 was given. We received this altitude approximately 4;400-4;300 ft. As we started to level a heading failure popped up on pilots pfd; during transfer a second failure appeared; altitude failure followed by a pfd failure. During the descent the autopilot was engaged but failed to level at 4;000. Being IFR with several failures altitude was not noticed for several seconds. We descended to approximately 3;400-3;500 ft. We climbed back to 4;000 within a few seconds. As soon as we leveled ATC gave us 2;000 ft. No comment on altitude loss from ATC. Several factors played into this equipment failure plus my slow decision to hand off flying to the copilot. What started out as a simple problem soon turned into a very big one. We have reviewed every step of this flight. Also; CRM was reviewed and discussed by all crew members.

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Original NASA ASRS Text

Title: A CE560XL received a HDG FAILURE on the pilot's PFD followed by an ALT FAILURE alert when the Air Data Computer failed. An altitude deviation occurred before the First Officer began flying.

Narrative: On a deadhead flight we were assigned a descent to 3;000. During the descent a new altitude of 4;000 was given. We received this altitude approximately 4;400-4;300 FT. As we started to level a HDG FAILURE popped up on pilots PFD; during transfer a second failure appeared; ALT FAILURE followed by a PFD failure. During the descent the autopilot was engaged but failed to level at 4;000. Being IFR with several failures ALT was not noticed for several seconds. We descended to approximately 3;400-3;500 FT. We climbed back to 4;000 within a few seconds. As soon as we leveled ATC gave us 2;000 FT. No comment on ALT loss from ATC. Several factors played into this equipment failure plus my slow decision to hand off flying to the Copilot. What started out as a simple problem soon turned into a very big one. We have reviewed every step of this flight. Also; CRM was reviewed and discussed by all crew members.

Data retrieved from NASA's ASRS site as of April 2012 and automatically converted to unabbreviated mixed upper/lowercase text. This report is for informational purposes with no guarantee of accuracy. See NASA's ASRS site for official report.