HBC REPORTS $726.4 MILLION THIRD-QUARTER LOSS, BUT SALES HOLD STEADY
Hawker Beechcraft Corp. (HBC) recorded a $721.1 million operating loss for the third quarter of 2009, even as sales fell only 3 percent. HBC cited “significant impairment and other charges” that totaled $726.4 million for the loss. These included non-cash charges of $521.3 million that reduced the...
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