kwch.com/news/kwch-hawker-beechcraft-reports-negative-cash-flow-in-august-20120926,0,7269624.story
By Eyewitness News
8:46 PM CDT, September 26, 2012
(WICHITA, Kan.)
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Hawker Beechcraft has posted a third straight month of losses as it works its way through bankruptcy proceedings.
Court documents filed Tuesday and obtained by Eyewitness News show the company posted a net loss of $33.8 million last month. In July, Hawker Beechcraft posted a $33.4 million net loss. In June, the planemaker had a nearly $34 million loss.
Court documents also show that the court granted a 120-day deadline extension for Hawker Beechcraft to file their Chapter 11 plan.
Negotiations are underway for Superior Aviaition of Beijing to acquire Hawker Beechcraft's non-defense business.
Hawker Beechcraft filed for Chapter 11 Bankruptcy protection on May 3.
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