Business
9:38 am
Tue February 11, 2014

Beechcraft Sees Success A Year After Emerging From Bankruptcy

Wichita manufacturer Beechcraft Corporation is calling its first year since emerging from bankruptcy protection a success.

The company says it saw a 64 percent increase in deliveries, with 205 planes delivered in 2013.

Deliveries of the King Air aircraft rose 52 percent to 135 planes last year.

Piston aircraft deliveries rose 94 percent to 70 planes.

Beechcraft emerged from Chapter 11 bankruptcy protection in 2013.

The sale of Beechcraft to Cessna Aircraft's parent company, Textron, is expected to close this year.

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