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Sounds like it was intended to compete with the CaravanThe article about the T-1050 lists the following specs:
Payload=3000 lb
Fuel load=1200 lb
Range=500 nautical miles (w/o reserves) or 385 nautical miles w/ reserves
Capacity=15 passengers
As noted in the article, the T-1050 was to be a conversion of a number of existing T-1040 airframes.
The article about the T-1050 lists the following specs:
Payload=3000 lb
Fuel load=1200 lb
Range=500 nautical miles (w/o reserves) or 385 nautical miles w/ reserves
Capacity=15 passengers
As noted in the article, the T-1050 was to be a conversion of a number of existing T-1040 airframes.