M. Continuo

Hawker Beechcraft files for bankruptcy protection



    (Reuters) - Hawker Beechcraft Inc, the aircraft manufacturer owned by Goldman Sachs Group Inc's private equity arm and Onex Corp , said it filed for voluntary Chapter 11 bankruptcy protection to restructure its debt.

    The company said its restructuring plan was supported by a majority of senior secured lenders and senior bondholders, and that senior lenders have agreed to provide $400 million in debtor-in-possession financing. (Reporting by A. Ananthalakshmi in Bangalore; Editing by Supriya Kurane)