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Sales began slowly. The first Staggerwings' high price tag (between US$14,000 and $17,000, depending on engine size) scared off potential buyers in an already depressed civil aircraft market. Only 18 Model 17s were sold during 1933, the first year of production, but sales steadily increased. Each Staggerwing was custom-built by hand. The luxurious cabin, trimmed in leather and mohair, held up to five passengers. Eventually, the Staggerwing captured a substantial share of the passenger aircraft market. By the start of World War II, Beechcraft had sold more than 424 Model 17s.
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At the height of the Great Depression, aircraft executive Walter Beech and airplane designer T. A. “Ted” Wells joined forces to collaborate on a project to produce a large, powerful, and fast cabin biplane built specifically for the business executive
The Model 17’s unusual negative stagger wing configuration (the upper wing staggered
The Staggerwing's speed made it popular with 1930s air racers. An early version of the Model 17 won the 1933 Texaco Trophy Race..