Aircraft Co. Hawker Beechcraft Descends Into Ch. 11
The Wichita, Kan.-based company — which makes business jets and light military aircraft — said in a statement that lenders holding two-thirds of its bank and bond debt were on board with the restructuring proposal.
Hawker listed both assets and liabilities above $1 billion in its bankruptcy petition. Goldman Sachs & Co.’s private equity unit and...
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