Hawker Beechcraft, owned by Onex Partners and GS Capital Partners, filed for bankruptcy protection in May.
In the meantime, Hawker Beechcraft developed new models with extended range, higher speed and enhanced capability.
Hawker Beechcraft expects to emerge from Chapter 11 as Beechcraft Corporation in the second half of February.
FORBES: Hawker Beechcraft Emerging From Bankruptcy But Court Delays Final Decision
Damage was also reported to a Hawker Beechcraft building, which manufactures high-performance business jets and turbo-prop planes.
As of Dec. 31, Hawker Beechcraft employed 5, 400 people companywide, including more than 3, 300 at its Wichita headquarters.
InterGlobe today is a franchisee of Galileo, represents companies like Hawker Beechcraft, Sikorsky, Dornier Seaplane and Pacific Aerospace.
Re-fit work will be carried out by Hawker Beechcraft at Broughton in North Wales for delivery in March 2013.
Hawker Beechcraft has kept the aircraft simple and reliable while adding advanced technology to improve efficiency, safety and functionality.
FORBES: The Most Successful Aircraft Design Gets Even Better
The Hawker Beechcraft 390 that Davis and Caves were on slammed into a South Bend neighborhood, damaging three single-story homes.
Wichita, which is also home to Hawker Beechcraft and the Learjet operations of Canadian company Bombardier, had 3% unemployment in 2007.
Raytheon ( RTN - news - people ) and Hawker Beechcraft for weapons systems that included Hawk and Patriot missiles.
Judge Bernstein reserved judgment regarding the subsidiary, Hawker Beechcraft Corporation, and asked for technical modifications to the plan before he issues a final order.
FORBES: Hawker Beechcraft Emerging From Bankruptcy But Court Delays Final Decision
The judge also signed off on a provision to cut costs by having the Pension Benefit Guarantee Corp. take over two Hawker Beechcraft retirement plans.
But orders for smaller jets have nosedived, forcing Cessna and Hawker Beechcraft, two American firms dependent on this end of the market, to make drastic cuts.
Milchan acted as matchmaker between the Israeli Defense Forces and U.S. defense contractors like Raytheon and Hawker Beechcraft for weapons systems that included Hawk and Patriot missiles.
Hawker Beechcraft traces its Kansas roots to Beech Aircraft Corp.
Beechcraft, formerly Hawker Beechcraft, with headquarters and major manufacturing facilities in Wichita, Kansas, announced on February 19 that it has formally emerged from Chapter 11 after securing long-term financing that ends the bankruptcy process.
FORBES: Back In Business: Beechcraft Emerges From Chapter 11
The big six used to be a big five America's Gulfstream, Cessna and Hawker Beechcraft, Bombardier of Canada and Dassault of France until Embraer of Brazil decided ten years ago to branch out from making jets for regional airlines.
Originally designed as the Diamond I and manufactured by Mitsubishi in the early 1980s, the fast, light-cabin Japanese jet was purchased by Hawker Beechcraft Corporation and modified to become the Beechjet 400, the 400A and eventually the Hawker 400XP.
Despite the ongoing EBITDA expansion, the loan default rate has ticked up to 0.56% this year following bankruptcy filings and out-of-court reorganizations by Coach America , Tensar, Hawker Beechcraft, and Bicent, from a minuscule 0.21% at year-end.
The GCS team is dedicated to improving the value of Hawker and Beechcraft aircraft by employing products and services to simplify ownership, reduce operating cost and increase resale value.
FORBES: Back In Business: Beechcraft Emerges From Chapter 11
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