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Briefing April 2013 Issue

Briefing: April 2013

Beechcraft Emerges from Bankruptcy

A leaner Beechcraft Corporation has emerged from bankruptcy protection, and spokesman Shawn Vick said the company is ready to launch new products. Vick said the new company has more than $600 million in capital, and he expects 2013 to be “a very good year for this business.” Beechcraft will continue to produce the King Air turboprops, the T-6 and AT-6 military aircraft and the piston-powered Bonanza and Baron models. It ceased production of jet aircraft but will continue to support the fleet.

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