Beechcraft lands $1.4B deal with Wheels Up

[A Life Aloft]

We can agree Avantair has maintenance issue or design issue they can't afford to fix.... Paiggio Aircraft Corp issues... FAA compliance issues.... etc., nature of the beast... Part of doing business, hedge for issues or die!

Isn't almost half of this $1.4 billion deal being spent also on Beechcraft providing ($600 million worth) comprehensive maintenance for this "Wheels Up" corporation/venture? Unlike Avantair?

Well, sounds like a $600 million hedge on maintenance to me, unlike Avantair...

"Hedge" is the key word in many ways. How much hard money (available cash in hand) do they actually have at this point and how much of what they "have" is in "loans" and what types of loans? From what I have read, they have some cash (mostly from the founder) loans and promises of loans. They are also counting on a huge stream of income from the selling of ancillary goodies to their clients. That may or may not work out/be as viable and on going as they seem to believe that it will be.