The Beechcraft King Air (
http://www.kingair.org/) is a reliable aircraft, powered by two extremely reliable engines (PT6's). In-flight shut downs (IFSD) are rare, with a documented failure rate, ranging from 0.01 to 0.003 per 1000 hrs of operation. Given two engines per aircraft and a one hour flight, what is the failure probability of an in-flight shutdown of both engines? less than 1 in 20 billion hrs - very rare!
Link to pdf hand calculation