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-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 ...


"Hawker Beechcraft Has Until End Of June To File Plan Of Reorganziation" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.