Beechcraft Hopes To Close Sale Of Jet Business By Year's End | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-11.10.25

AirborneNextGen-
11.11.25

Airborne-Unlimited-11.12.25

Airborne-Unlimited-11.06.25

AirborneUnlimited-11.07.25

LIVE MOSAIC Town Hall (Archived): www.airborne-live.net

Mon, Dec 16, 2013

Beechcraft Hopes To Close Sale Of Jet Business By Year's End

Company Says It Is In 'Final Stages' Of Negotiations

Beechcraft says it is in the "final stages" of negotiations with a buyer for its Hawker 4000 and Premier business jet assets, and officials say they are hopeful a deal can be closed by the end of the year.

Beechcraft CEO Bill Boisture (pictured) said that attorneys for the two parties are reviewing the legal documents "to get agreement of a last few key points" according to a report in the Wichita Eagle.

The sale would include Beechcraft's Plant 3 facility in Wichita, which the unnamed buyer reportedly plans to use for composite component manufacturing rather that full airplane assembly. Boisture said he does not think that building airplanes is in the buyer's long-range plans.

The assets are being sold as part of Beechcraft's restructuring under Chapter 11. Hawker Beechcraft emerged from bankruptcy in February as Beechcraft Corporation, with a focus on piston, turboprop, and military airplanes along with aftermarket support.

FMI: www.beechcraft.com

Advertisement

More News

NTSB Prelim: Sikorsky UH60 Sikorsky UH-60

Sikorsky UH-60 Black Hawk Helicopter Collided With An Unregistered DJI Mavic 3T Unmanned Aerial Vehicle On July 7, 2025, about 1557 central daylight time, an unregistered Sikorsky >[...]

Aero-News: Quote of the Day (11.13.25)

“After considering the measures taken, minimum liquidity covenants in the Company's current debt obligations and cash flows to maintain current operational obligations requir>[...]

ANN's Daily Aero-Term (11.13.25): Ground Clutter

Ground Clutter A pattern produced on the radar scope by ground returns which may degrade other radar returns in the affected area. The effect of ground clutter is minimized by the >[...]

ANN's Daily Aero-Linx (11.13.25)

Aero Linx: Warbirds of America The EAA Warbirds of America, a division of the Experimental Aircraft Association in Oshkosh, Wisconsin, is a family of owners, pilots and enthusiasts>[...]

Airborne 11.07.25: Affordable Expo Starts!, Duffy Worries, Isaacman!

Also: Louisville UPS Crash Aftermath, Taiwan Boosts Pilot Pool, Spartan Acquires, DON’T MISS the MOSAIC Town Hall! This three-day Affordable Flying Expo brings together indoo>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 10.03.25: Phantom 3500 Buy, ‘Chinese Military Company’, NOTAM Redesign

Airborne Affordable Flyers 10.02.25: MOSAIC Start Date, AFE25 Tickets, ePulitzer

Airborne 10.01.25: New Gulfstream G300, Affordable Flying Expo Tkts, Starship 11

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC