1 August 2013
Beechcraft Corporation has announced it has secured an order for up to a total of 105 King Air 350i aircraft, valued at $788 million, from Wheels Up, representing the largest general aviation propeller driven aircraft order in history.
In the statement, Wheels Up is described as ‘a membership-based private aviation program (sic) that eliminates fixed costs and provides unparalleled flexibility established by Kenny Dichter and the team that founded Marquis Jet’. Beechcraft has been named the aircraft and comprehensive maintenance provider for Wheels Up in North America and Western Europe, with the entire value of the deal totaling up to $1.4b.
The first 35 Beechcraft King Airs will be delivered to Wheels Up by mid-2015 with the first nine deliveries to be made in 2013. Wheels Up will initially focus on the Northeastern United States. The deal includes options for 70 additional aircraft as Wheels Up expands nationally over the next two to three years. <a href=”http://www.beechcraft.com”>Click here for more</a>
