4/17/2009

Hawker Beechcraft Acquisition Co. reported on Thursday an operating loss of $41.2 million in the first quarter of 2009, compared to a loss of $1.5 million in the same quarter a year earlier. The report came a day after the company announced that it expects to make further reductions to its workforce following 500 layoffs in November, but the extent of the upcoming cuts was not yet known.

Related Summaries