Hawker Beechcraft’s proposed $1.79 billion deal with China’s Superior Air Beijing leaves open the fate of its defense business and raises issues about the control and supply of the venerable King Air line that is in special-use roles around the globe. Hawker Beechcraft next week will seek U.S. bankruptcy court clearance to begin exclusive negotiations for the sale of all but its defense business to the Chinese firm (Aerospace DAILY, July 11). The proposed agreement, announced ...
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