BEECHCRAFT WINS BIGGEST EVER PROP AIRCRAFT DEAL

We're used to big numbers when it comes to bizjet orders but for propeller aircraft? Well, now Beechcraft has joined the ranks of the mega deals with a $1.4 BILLION order for its King Air 350i turboprop twin.

The order is from Wheels Up, a new private aviation membership company. It covers up to 105 King Air 350i aircraft and maintenance services.

Wheels Up is membership-based private aviation. The company says "With a modest initiation fee and reasonable annual dues, Wheels Up is designed to appeal to individuals and corporations currently flying privately, as well as new entrants to private aviation." Wheels Up has been launched by the team that founded Marquis Jet, which redefined private air travel with the first 25-hour fractional jet card.

The first 35 Beechcraft King Airs will be delivered to Wheels Up between now and mid-2015 with the first nine deliveries to be made in 2013. Wheels Up will initially focus on the North-eastern United States. The deal includes options for 70 additional aircraft as Wheels Up expands nationally over the next two to three years.

The Wheels Up King Air 350i aircraft will have several special enhancements for Wheels Up members including state-of-the-art interiors, Wi-Fi connectivity and a luxury rest room. The Wheels Up deal also includes a comprehensive maintenance program from Beechcraft valued at more than $600 million. This includes service for airframe, engines, avionics and propellers; scheduled and unscheduled maintenance, labor, parts and consumables.

LINKS
Beechcraft King Air 350i
Wheels Up

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