Beechcraft

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.

Business
9:25 am
Mon January 27, 2014

New Zealand Signs $127M Contract With Beechcraft For Military Pilot Training

New Zealand has signed a $127 million dollar contract with Wichita's Beechcraft corporation, for military pilot training.

Defense Minister Jonathan Coleman says the contract includes 11 Beechcraft T-6C turboprop planes. Plus, ground simulators and training systems that will be implemented in classrooms and on computers.

Trainee pilots will begin using the new system in 2016.

New Zealand has a defense force of about 14,000.

Aircraft
5:41 pm
Fri December 27, 2013

Wichita Leaders Hopeful About Beechcraft Merger

Civic leaders in Wichita are expressing optimism following the sale of one of the community's linchpin aviation companies to a competitor.

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Business
9:13 am
Fri December 27, 2013

Textron Incorporated Reaches Agreement To Buy Beechcraft

The parent company of Cessna Aircraft has reached an agreement to buy Beechcraft Corporation for approximately $1.4 billion dollars.

Providence, Rhode Island-based Textron Incorporated announced the agreement on Thursday.

The purchase will bring two mainstays of Wichita's general aviation industry under a single corporate leadership.

Textron chairman and CEO Scott Donnelly said in a statement that the Beechcraft acquisition is a "tremendous opportunity" for the diversified corporation to expand its general aviation business.

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Business
7:36 am
Wed August 21, 2013

Beechcrafts Light Attack Aircraft Takes Flight

Beechcraft's AT-6 light attack aircraft.
Credit Courtesy photo / Beechcraft Corporation

Beechcraft is celebrating the inaugural flight of its first production AT-6 light attack aircraft.

The Wichita-based aircraft maker commemorated the event Tuesday at its headquarters as it tries to market the new military plane among U.S. partner nations.

CEO Bill Boisture says the company has seen a growing interest in the plane from the defense establishment around the world.

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Business
7:18 am
Fri August 2, 2013

Beechcraft Secures Largest General Aviation Propeller Aircraft

Wichita-based Beechcraft Corporation says it has received a $1.4 billion plane order; the company believes this to be the largest propeller aircraft order, by value, in general aviation history.

Beechcraft says Wheels Up ordered 105 King Air 350i aircraft, valued at $788 million dollars.

Beechcraft will also be the maintenance provider for this new private aviation company in North America and Western Europe.

Beechcraft says nine planes will be delivered this year, and a total of 35 will be delivered between now and 2015.

Aircraft
6:00 pm
Thu June 13, 2013

Beechcraft Protest Fails

A federal agency has rejected Wichita-based Beechcraft's protest of the award of an Air Force contract to another company.

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News
5:50 am
Wed March 13, 2013

Top Morning News 3.13.2013

Lawmakers hold private meeting, AP protests; Advance ballots ready to go out; US Air Force defends light air support plane contract.

Republican Lawmakers Hold Private Meeting On Taxes

Kansas Senate Republicans held a private meeting on tax issues Tuesday, ahead of debate on Gov. Sam Brownback's plan to move the state toward phasing out individual income taxes.

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News
5:39 am
Thu February 28, 2013

Top Morning News 2.28.13

Bill would require drug testing for welfare recipients; Company beats out Beechcraft for plane contract; Gov. Brownback praises officials for storm response.

Drug Testing Bill Advances In Kansas Senate

The Kansas Senate has tentatively approved legislation requiring drug tests for some people seeking welfare benefits. It was approved after Senators amended it to require the same scrutiny of legislators.

More...

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Business
1:11 pm
Thu January 31, 2013

Hawker Beechcraft Loses Incentives As Its Local Employment Dips

Hawker Beechcraft says its total number of Kansas employees has fallen below the level required to receive the full state and local government incentives.

The aircraft manufacturer had 3,372 employees as of December 31st. The company was granted $45 million in incentives back in 2010 in exchange for committing to keep 4,000  people employed in Kansas for 10 years.

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