U.S. business aircraft builder Hawker Beechcraft expects to emerge from its chapter 11 protection from creditors by year-end and will be a much stronger company than it is now, Dow Jones Newswires reported yesterday. Shawn Vick, executive vice president-customers of Hawker Beechcraft, said that the company will see its $125 million debt services removed by the agreement with its financial investors to holders of its $2.5 billion of debt to exchange their debt for equity. At the emergence from chapter 11, he said, Hawker Beechcraft may take on a small amount of debt.
