HBC POSTS $1.5M FIRST-QUARTER OPERATING LOSS

HAWKER BEECHCRAFT CORP. reported sales of $576.5 million for the three months ended March 30, but said it recorded an operating loss of $1.5 million for the quarter. “The loss was the consequence of an $18.4 million charge related to early production Hawker 4000 aircraft,” resulting in “an increase...

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