Originally Posted by
natemotatem
From the article: "The Flight Options entity, which is based in Richmond Heights, Ohio,
bought 115 airplanes from Raytheon for about $900 million."
Beech is in the business of selling aircraft and not owning/operating aircraft. You make and save more money if you operate someone elses aircraft. No up-front purchase cost and any operating costs get passed to the owner or charged to the charter customer (maint., crew, training, etc.)
I just heard that they were getting out of operating their own aircraft because they are loosing money and the ship is sinking fast. Just wanted to know if anyone else had heard the same thing. Thanks.