Court Delays Decision On Hawker Beechcraft

With Hawker Beechcraft attempting to clear the final hurdle in Chapter 11 proceedings and emerge from bankruptcy, Judge Stuart Bernstein said earlier today that he would approve the joint plan of reorganization for all but one of the subsidiaries currently under Chapter 11 protection. Bernstein reserved judgment regarding the Hawker Beechcraft Corp. and asked the company to make a technical modification to the plan before he issues a final order that would allow the Wichita OEM to exit bankruptcy later next month.