Deals

Beechcraft Owners Said to Be Approaching Potential Bidder

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Beechcraft Corp., the U.S. planemaker whose aircraft have trained military pilots since World War II, is for sale again, people with knowledge of the matter said.

Credit Suisse Group AG is contacting potential suitors on their interest in acquiring Beechcraft, said the people, who asked not to be identified because the discussions are private. Beechcraft may fetch about $1.5 billion, another person said. Cessna Aircraft parent Textron Inc. is among companies exploring a bid, said two of the people.