Beechcraft Says Airplane Deliveries Up In 2013
WICHITA, Kan. (AP) -- Beechcraft Corp. is calling its first year since emerging from bankruptcy protection a success.
The company says it saw a 64 percent increase in deliveries, with 205 planes delivered in 2013 compared with 125 the previous year.
Deliveries of the King Air aircraft rose 52 percent to 135 planes last year. Deliveries of piston aircraft rose 94 percent to 70 planes. The company also delivered 34 of its T-6 military trainers.
CEO Bill Boisture says in a news release the company saw its highest booking rates for plane orders in years and had solid revenue from servicing commercial and military planes.
Beechcraft emerged from Chapter 11 bankruptcy protection in early 2013.
The sale of Beechcraft to Cessna Aircraft's parent company, Textron, is expected to close this year.