www.mozilla.com Weather Central
Voices
Headlines

Foo Fighters' pre-sale, designed to foil online ticket brokers, starts Saturday -11/21/2014, 12:49 PM

Area kidney dialysis buildings up for sale, but provider says it is staying -11/21/2014, 11:55 AM

ACLU to amend lawsuit to force Kansas agencies to recognize same-sex marriages -11/21/2014, 11:55 AM

Suspect in Fairmount Park attack has criminal history -11/21/2014, 11:55 AM

FCEDC working to attract multinational prospect -11/21/2014, 11:55 AM

Delta to buy 50 wide-body jets from Airbus, not Boeing -11/21/2014, 11:54 AM

Cher cancels remainder of tour, including Wichita show -11/21/2014, 11:54 AM

myTown Calendar

SPOTLIGHT
[var top_story_head]

Beechcraft closer to sale of business jet assets

Published on -8/3/2013, 12:44 PM

Printer-friendly version
E-Mail This Story

WICHITA, Kan. (AP) -- Beechcraft Corp. says it expects to close a deal on the sale of its idled business jet assets before the end of the year.

Beechcraft CEO Bill Boisture told The Wichita Eagle (http://bit.ly/143hcHt ) that interest has been worldwide.

He says potential buyers are now doing their "due diligence." That process will be followed by some negotiation and an eventual decision to sell to one party or another.

Beechcraft shut down its business jet manufacturing as it reorganized during Chapter 11 bankruptcy. It opted instead to focus on its more profitable King Air, Baron, Bonanza, military and other businesses.

The company has put one of its Wichita buildings, equipment, the Hawker 4000 and Premier type certificates, and the lease on its Little Rock completions facility on the market.

digg delicious facebook stumbleupon google Newsvine
More News and Photos

Associated Press Videos