Hawker Beechcraft Still Hasn’t Found Financial Footing | Aviation International News

Hawker Beechcraft Still Hasn’t Found Financial Footing

By AIN Staff • AIN Staff

September 27, 2012

Hawker Beechcraft, which is in the process of restructuring under U.S. Chapter 11 bankruptcy protection, posted a $33.8 million net loss on sales totaling $149.9 million last month. In documents filed with the U.S. Bankruptcy Court in New York earlier this week, the company reported spending $1.5 million on restructuring costs, $5.4 million on reorganization items and $8.8 million on research and development.

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