Hawker Beechcraft said yesterday that it has emerged from chapter 11 bankruptcy, calling itself "Beechcraft" and claiming that it is stronger and more financially stable, according to ArkansasBusiness.com. The company said that its reorganization plan had been approved by a bankruptcy court on Feb. 1 and became effective on Friday. Beechcraft says that it will focus on its profitable turboprop, piston, special mission and trainer/attack aircraft businesses. It said that it received $600 million in permanent financing, including a $425 million term loan facility and a $175 million revolving facility.
