Raytheon Aircraft Company said on Tuesday it will cut the list prices of its 2007-model Bonanza single-engine airplanes by 14 percent over last year's prices. Beechcraft Baron twins will sell for 12 percent less. Additionally, the cost of popular options such as SkyWatch and Stormscope will be cut by up to 20 percent. The company said it can offer the new prices because of gains in production efficiency and strategic sourcing. The list price for a typically-equipped Bonanza G36 was $667,000 in 2006; this year it will be $574,000, a drop of $93,000. The price of a typically equipped Beechcraft Baron G58 last year was $1,186,000; this year it will be $1,046,000, saving $140,000. This year's models will feature new interiors and sidewalls, Raytheon said, adding about 3 inches of elbow room to the cabin. Raytheon designs, manufactures, markets and supports Hawker and Beechcraft aircraft for the world’s commercial and military markets.
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