Financial Restructuring



Latest News
Hawker Beechcraft Moves Closer to Chapter 11 Emergence
January 25, 2013
Hawker Beechcraft Disclosure Statement Approved by Bankruptcy Court
December 5, 2012
Hawker Beechcraft Announces Intent to Emerge from Chapter 11 as Standalone Company
October 18, 2012

Press Releases
Beechcraft Emerges from Chapter 11
February 19, 2013
Court Approves Hawker Beechcraft’s Plan of Reorganization
February 01, 2013
Hawker Beechcraft Receives Court Approval to Enter Into Exclusive Negotiations with Superior Aviation
July 17, 2012
Hawker Beechcraft Executes Exclusivity Agreement with Superior Aviation Regarding Strategic Combination
July 9, 2012
Financial Restructuring News Release
May 3, 2012
Hawker Beechcraft Receives Court Approval of First-Day Motions News Release
May 4, 2012

Vendor/Supplier Information
We value our partnership with you
February 19, 2013
Letter to our Vendors and Suppliers
February 1, 2013
Letter to our Vendors and Suppliers
July 9, 2012
Letter to our Vendors and Suppliers
May 3, 2012
Chapter 11 Reorganization Claims Agent

Customer Information
We value your business and thank you
February 19, 2013
Letter to our Customers
February 1, 2013
Letter to our Hawker 4000 Customers
October 29, 2012
Letter to our Hawker 900XP, 850XP, 800XP, 750, 400XP, and Beechjet 400A Customers
October 29, 2012
Letter to our Premier IA Customers
October 29, 2012
Letter to our Customers - July 9, 2012
Letter to our Customers - May 3, 2012

Pension Communications
PBGC Presentation - April, 2013
Pension Filing Notice - December 21, 2012
Plan Freeze Cover Letter - November 9, 2012
Hourly Pension Freeze Notice - November 9, 2012
August 23 letter - August 23, 2012
August 23 FAQ - August 23, 2012
Plan Termination Cover Letter
October 24, 2012
Notice of Intent – Salaried - October 24, 2012
Notice of Intent – Base - October 24, 2012
Salaried SPD - January 1, 2009
Base SPD - January 1, 2009
Hourly SPD - January 1, 2009

Claims Information
Letter from Alex Snyder & Rich Jiwanlal
August 15, 2012
Hawker Beechcraft Bar Date/Proof of Claim Process
August 15, 2012

Resources
• Docket
• Chapter 11 Key Documents
• Chapter 11 Fact Sheet and FAQ
 
Letter to our Customers

May 3, 2012


Dear Valued Customer,

In a positive development for Hawker Beechcraft, we announced today that we have reached an agreement with the significant majority of our largest debtholders on the terms of a comprehensive financial restructuring, including the elimination of most of the company’s debt and interest expenses. This is the next step toward putting Hawker Beechcraft on firm financial footing and strengthening the company for the future.

To implement the terms of this agreement as quickly and efficiently as possible, we have filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York, and we obtained $400 million in financing to to fund our operations during this process. You can find additional details regarding the announcement in the news release we issued today. As you may know, many U.S. companies have utilized Chapter 11 to implement financial restructurings. Chapter 11 of the U.S. Bankruptcy Code allows a company to continue operating its business and managing its assets in much the same way it did prior to filing its petition.

We want to reiterate that this process will not impact our ability to meet our ongoing commitments to you. Upon receiving expected court approval in the day or two of certain motions, deposits and progress payments will be secure, and all customer orders for available products will be fulfilled. We expect to receive court approval to honor warranty claims. Our commitment to providing the best products and service in the industry remains unchanged.

By reaching agreement with the majority of our key creditors in advance of the filing, we anticipate that this process will be concluded by the end of 2012 and that the company will emerge as a strong and healthy business.

This financial restructuring represents the next step forward in our efforts to transform Hawker Beechcraft. Restructuring our balance sheet and recapitalizing the company in partnership with our debtholders will dramatically improve Hawker Beechcraft’s ability to compete in a rapidly changing environment. Most importantly, it will allow our employees to continue manufacturing the best airplanes and providing you with first-class service and support.

As we progress through this process, we are committed to keeping you informed and providing you with appropriate updates. We value your business and look forward to continuing a long and mutually beneficial relationship.


Sincerely,

Steve Miller
CEO
Hawker Beechcraft, Inc.
Bill Boisture
Chairman
Hawker Beechcraft Corporation