Hawker Seeks Extension Of Bankruptcy Loan, Lost $44M In October
Posted: 3:24 PM Hawker Beechcraft Corp. has filed a request with the U.S. Bankruptcy Court seeking to extend the terms of its $400 million debtor-in-possession financing.
Posted: 3:24 PM Hawker Beechcraft Corp. has filed a request with the U.S. Bankruptcy Court seeking to extend the terms of its $400 million debtor-in-possession financing.
Posted: 10:20 AM A man killed in a small plane crash east of Denver Wednesday has been identified as a retired British Royal Air Force pilot.
Posted: 11:55 AM 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.
Updated: 7:04 PM Jeff Turner, Spirit AeroSystems Inc. CEO since the company was created in 2005, will retire early next year
Posted: 2:05 PM Hawker Beechcraft has asked a bankruptcy court to allow it to back out of warranties and other support obligations for its discontinued Hawker 4000 and Premier I and IA aircraft.
Updated: 11:33 PM Strike to end
Posted: 7:34 PM Union members will vote Saturday whether to approve an agreement reached Thursday.
Updated: 11:10 PM Union members will vote on the new proposal Saturday.
Posted: 5:13 AM The Kansas Governor's Council of Economic Advisors will be in Wichita next week for a conference on the global competiveness of the state's aviation industry.
Posted: 1:21 PM Boeing is shaking up its shrinking defense division, putting some executives into new roles and reducing the number of managers.
Updated: 10:45 PM A federal mediator will be called in to help end the stalemate between negotiators for Bombardier Learjet and the International Association Of Machinists & Aerospace Workers.
Posted: 10:02 AM Superstorm Sandy has a long reach, with flight cancelations stranding air travelers around the globe.
Updated: 6:55 PM Should the strike continue, picketers will begin receiving strike pay from the union Wednesday.
Updated: 10:51 PM Chairman Bill Boisture sees the new Beechcraft Corporation firmly anchored to the air capital with its expected emergence from bankruptcy early next year. But he acknowledges it will be with a smaller workforce.
Posted: 5:41 PM The company was chided for fees lawyers billed for the company's failed attempt to pay eight senior executives millions in bonuses.
Posted: 9:55 AM The earnings still topped analyst estimates of $1.12 per share for the quarter
Posted: 9:20 AM A flight suit worn by an American pilot who flew a reconnaissance mission over Cuba in 1962 that photographed nuclear missile sites under construction by the onetime Soviet Union is being donated to the Smithsonian's National Air and Space Museum.
Updated: 5:54 PM Aerospace companies from around the country often come to Wichita, fishing in the talent pool for good aviation employees.
Posted: 4:44 PM Jack Pelton, the former CEO of Cessna Aircraft Co., is now the new chairman of the Experimental Aircraft Association
Updated: 5:14 PM Mayor Carl Brewer is travelling with a delegation in China.
Posted: 3:41 PM The event will be held Monday, October 22nd
Updated: 7:06 PM The planemaker intends to emerge from Chapter 11 protection as a standalone company called Beechcraft Corporation.
Updated: 10:09 AM The news comes after the company was unable to reach a deal with Superior Aviation Beijing.
Updated: 6:50 PM With the strike in its second week, one aviation analyst says then he can see the strike lasting into next year.
