Hawker Beechcraft Customers Balk At Inventory Sale

By: Associated Press
By: Associated Press

Stay up-to-date with KAKE News:

Monday, November 19, 2012

A group of Hawker Beechcraft customers has asked a bankruptcy court to reject a move by the Kansas plane maker to immediately liquidate its inventory of discontinued Hawker 4000 jet aircraft.

The Committee of Hawker 4000 Customers argued in a court filing Monday that the 20 aircraft normally retail at about $20 million, amounting to $400 million. The customers say there is no reason to rush the sale of assets without proper marketing and notice in an open process.

Current customers also contended that if Hawker Beechcraft develops service and support systems for the discontinued line, the company would increase the value of remaining inventory.

Hawker Beechcraft wants to sell the inventory quickly because it believes the value of the discontinued planes will continue declining as competitors introduce new aircraft.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KAKE TV 1500 N. West Street Wichita, KS 67203-1323 (316) 943-4221
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 179983431