Regulations and Government
Standalone Beechcraft Emerges To Face the Future
With its official emergence from bankruptcy today, the new Beechcraft Corp. returns to the roots planted by founders Walter and Olive Ann Beech in 1932. Along with dropping "Hawker" from its name, it also shut down all of its jet lines, leaving Beechcraft with a portfolio that includes King Air turboprop twins; T-6 military trainer and AT-6 light attack derivative; and Bonanza and Baron pistons.
With its official emergence from bankruptcy today, the new Beechcraft Corp. returns to the roots planted by founders Walter and Olive Ann Beech in 1932. Along with dropping "Hawker" from its name, it also shut down all of its jet lines, leaving Beechcraft with a portfolio that includes King Air turboprop twins; T-6 military trainer and AT-6 light attack derivative; and Bonanza and Baron pistons.

With its official emergence from bankruptcy today, the new Beechcraft Corp. returns to the roots planted by founders Walter and Olive Ann Beech in 1932. After nearly 10 months under Chapter 11 protection and the approval of its reorganization plan earlier this month by the bankruptcy court, the aircraft manufacturer has permanently shut down business jet production and from now on will be “focused on our light pistons, civil and military turboprops and our global customer service,” said Beechcraft CEO Bill Boisture.