www.mozilla.com Weather Central
Voices
Headlines

Barton County Commissioner dies in plane crash -4/23/2014, 11:42 AM

Huelskamps reach friendly settlement in son's bike accident -4/23/2014, 11:42 AM

Brownback signs health care compact bill -4/23/2014, 11:41 AM

Textron Aviation starts laying off 750 employees, 575 in Kansas -4/23/2014, 11:41 AM

Street repair plan may require tax increase -4/23/2014, 11:41 AM

Kansas governor signs gun legislation -4/23/2014, 11:41 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

AP Breaking News