Hawker Beechcraft’s May 3 Chapter 11 bankruptcy filing is enabling the Wichita, Kan., airframer to sort out its supplier relationships, a senior executives says. With uncertainty hanging over the company’s financial future in the run-up to the filing, some suppliers were holding off shipping parts, impacting the aircraft maker’s ability to build its product. The company has issued rolling furloughs, in addition to layoffs, in part to adjust to supply issues. “We are now in the process of ...
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