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AVOLAR AND RAYTHEON SIGN $150 MILLION BEECHJET LETTER OF INTENT

CHICAGO, "Avolar, the business aviation subsidiary of UAL Corporation, has signed a Letter of Intent with Raytheon Aircraft for 15 Beechjet 400A business jets plus an option for 10 more, the two companies announced jointly today at the National Business Aviation Association annual meeting and convention in New Orleans. Total value of the transaction will be approximately $150 million. "One of the many...

AVIONEWS - World Aeronautical Press Agency - 21404

AVIONEWS - World Aeronautical Press Agency
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