Tag Archives: Beechcraft
BY MOLLY McMILLIN
The Wichita Eagle
With debt coming due in 2014, Hawker Beechcraft has no option but to lower its costs, a report by Moody’s Investors Service said.
“Cutting costs is key to its survival,” Moody’s Investors Service vice president and senior analyst Edwin Wiest said in the report.
Hawker Beechcraft is highly leveraged with $2.135 billion in debt, Wiest wrote. Meanwhile, its order book has fallen by 70 percent from its peak of $7.6 billion at the end of 2008 to $2.4 […]