Beech has built wonderful airplanes for many years. The King Airs and Bonanzas are arguably top off the line. But walking away from $2.5 Billion of debt, and then capping that off with a nose-thumbing dishonoring (good word for it) of warranties to existing, trusting customers is morally suspect at best and unconscionable at worst. Who in the future would trust such a company with a major financial commitment? I sure wouldn't, even if I could afford to.
It is all a part of doing business, particularly in the investment/capital venture business, that there is an element of risk. The value of that risk is often reflected in the agreed-to Rate of Return on that investment. As an example, it used to be that US Treasury Bonds were the gold standard of safety, until the Moody reduction of two years ago. Since then, the Rate of Return demanded by purchasers of this instrument have demanded a higher Rate of Return, as shown in the increased (although nominal) interest. Stay tuned for the next Moody's reduction.
I do agree, however, that walking away from the Warranty guarantees is a bit much, particularly when offering no support or remedy at all. Beechcraft has always been a hallmark of manufacturer trust. My, how times have changed, particularly over the past four years.
Does look a lot like the Pilatus NG though.
What brilliant design engineer decided to put a King Air sticker on a Pilatus and pass it off as a "new" plane?