Beechcraft Bounces Back in 1Q13

 - May 9, 2013, 3:00 PM

Newly restructured Beechcraft logged 65 deliveries–including six Hawker 4000s–in the first quarter, compared with 41 deliveries a year ago. According to Beechcraft CEO Bill Boisture, the upgrade programs for the Hawker 400XPR and 800XPR are also “attracting a strong positive response,” with slots in 2013 sold out for the 400XPR program as it completes its final certification phase. “Our plan throughout last year’s restructuring was to emerge as a stronger, more agile organization,” said Boisture. “Beechcraft’s first quarter success is a great start for our new company.”