KANSAS CITY — A lawsuit filed by Executive Beechcraft's parent company against Kansas City over a facility at Wheeler Downtown Airport has been settled three weeks before the case was scheduled to go to court in early January.
The Kansas City Star reports the deal, approved last week by the City Council, gives Executive Beechcraft $2.5 million in rental credits through 2018.
BBA U.S. Holdings Inc. bought Executive Beechcraft in 2007 and sued in 2009 claiming the city failed to disclose negotiations to create a rival aviation facility at the airport.
Executive Beechcraft for years has had a fixed-base operation at the airport. BBA said it wouldn't have paid as much for the company if it had known it wasn't going to be the only executive terminal at the airport.