Hawker Beechcraft filed for Chapter 11 protection in U.S. Bankruptcy Court as part of a restructuring plan that the privately owned aircraft builder says will eliminate $2.5 billion in debt. Lenders also agreed to provide $400 million in additional financing to enable struggling Hawker to continue operations and pay employees, suppliers and vendors.

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "HBC Files for Chapter 11".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.