The Wichita Eagle has received an April court document from the bankruptcy filing of Hawker Beechcraft detailing its options for reorganizing. The company has previously indicated that an option to take bids and sell the company was just a routine formality, although the bids have been received by the bankruptcy court but are undisclosed.
All three options for a reorganized, and still independent, Hawker Beechcraft call for keeping the military aircraft (King Airs and the T-6 Texan II trainer/ground attack aircraft) and piston aircraft, along with the commercial King Air line. None of the plans as reported by the The Wichita Eagle’s Molly McMillan would keep the Premiere or its upgraded cousin, the Hawker 200. The 200 was shown as a mockup last year during the National Business Aviation Association convention in Las Vegas.
One option takes Hawker Beechcraft out of the jet market altogether, while two options eliminate the Hawker 4000. The venerable $700,000 Bonanza, developed in the late 1940s, and the $1.2 million Baron both survive under all scenarios.