HBC Considering All Options Including Asset Sale

While the preliminary reorganization plan filed June 30 details an exchange under which Hawker Beechcraft’s creditors would take ownership of the company, Hawker executives yesterday told employees they are keeping all options open, including a potential sale of the company. The reorganization plan and an accompanying disclosure statement was the next step designed to help the company move out from under nearly $2.5 billion in debt and emerge from Chapter 11 bankruptcy protection ...