Hawker Beechcraft is facing a June 30 deadline to file its reorganization plan and disclosure statement, and is expected to confirm its reorganization by November to meet its planned exit from Chapter 11 bankruptcy protection by year’s end. The Wichita airframer is hoping to emerge from Chapter 11 under new ownership through a restructuring plan that would eliminate $2.5 billion of the company’s debt and $125 million in annual interest expenses. The company on May 3 filed for Chapter ...
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