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Beechcraft Corporation announced its largest propeller aircraft order ever.
A membership-based aviation program called Wheels Up has ordered up to 105 of Beechraft’s King Air, valued at $788 million.
The first 35 King Airs will be delivered to Wheels Up in the next two years with the first nine to be delivered this year.
The deal includes options for 70 additional aircraft as Wheels Up expands nationally.
The Wheels Up deal also includes a comprehensive maintenance program valued at more tha
n $600 million , bringing the total deal up to $1.4 billion.