Beechcraft emerges from Chapter 11 a stronger global company
[Johannesburg, 20 March 2013] -
Beechcraft, formerly Hawker Beechcraft, announced today it has formally emerged from the Chapter 11 process as a new company well-positioned to compete vigorously in the worldwide business aviation, special mission, trainer and light attack markets.“This marks the rebirth of an 80-year-old American aircraft manufacturing business with a globally recognised brand. Beechcraft has emerged from this process a stronger company with both financial and operational strength and stability,” said Bill Boisture, chief executive officer of Beechcraft. “We have a strong line of versatile and globally renowned products like the King Air turboprop and the T-6 military trainer aircraft, and the largest global customer support network in the industry"Beechcraft’s product portfolio includes the King Air family of the 350i, 250 and C90GTx. The worldwide fleet of more than 7 000 King Air turboprops serves a wide variety of missions and has amassed more than 50 million flight hours while operating in 115 countries around the world.
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