The airplane manufacturer once known as Hawker Beechcraft Inc. was reborn as Beechcraft Corp. after the company emerged from bankruptcy in February. The 81-year-old maker of small and midsized propeller planes is best known among private pilots for the Beechcraft Bonanza, an iconic single-engine four-passenger plane that has been in production since 1947 and carries a sticker price of about $700,000.
The company traces its roots to the Great Depression, when Walter and Olive Ann Beech founded Beech Aircraft Corp. and introduced a model specially designed for business travelers. The company grew rapidly during World War II, producing training aircraft for the military. In 1980, Beechcraft was bought by Raytheon Co., which eventually merged it with British Aerospace’s Hawker business jet line.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
