Hawker Beechcraft filed for bankruptcy protection on Thursday. The aircraft manufacturer filed for Chapter 11 to reorganize $2.5 billion in debt in a pre-arranged restructuring agreement. "We are pleased to have reached an agreement with our largest lenders and bondholders on a solution to stabilize our capital structure," said Steve Miller, the CEO of Hawker Beechcraft.
Hawker files for bankruptcy with $2.5B in debt
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