LISTEN LIVE KPR - On Air: Listen Live to classical, jazz and NPR news Schedule LATEST
KPR 2 - On Air: Listen live to KPR's all talk-radio service, KPR2 Recordings

Share this page              

Bankruptcy Protection Latest Move for Wichita's Hawker Beechcraft



WICHITA, Kan. (AP) — Aircraft maker Hawker Beechcraft has filed for bankruptcy protection as it works to restructure its massive debt amid sluggish demand for the military planes and business jets it makes. The Wichita-based manufacturer said in a statement Thursday that it filed for Chapter 11 bankruptcy protection in New York. Hawker Beechcraft says it entered agreements with a majority of its senior secured lenders and bondholders to eliminate $2.5 billion in debt and $125 million of annual cash interest expenses. It says it obtained a commitment for $400 million in financing to enable it to continue paying employees, vendors and others. The company says it filed for bankruptcy to implement the terms of its prearranged restructuring. Hawker Beechcraft listed a total debt of more than $2.3 billion at the end of 2011.

Tower Frequencies

91.5 FM KANU Lawrence, Topeka, Kansas City
89.7 FM KANH Emporia
99.5 FM K258BT Manhattan
97.9 FM K250AY Manhattan (KPR2)
91.3 FM  KANV Junction City, Olsburg
89.9 FM K210CR Atchison
90.3 FM KANQ Chanute
96.1 FM K241AR Lawrence (KPR2)

See the Coverage Map for more details

Contact Us

Kansas Public Radio
1120 West 11th Street
Lawrence, KS 66044
Download Map
785-864-4530 (Main Line)
888-577-5268 (Toll Free)