Content Tagged 'hawker beechcraft'

Hundreds of Little Rock employees losing their job at Hawker Beechcraft are looking for the next opportunity. The aviation company is going through chapter 11 bankruptcy which led to closing its Little Rock facility.

Wichita-based airplane maker Hawker Beechcraft says it's closing facilities in three states and laying off more workers in Kansas.  |   Letter to Hawker Beechcraft employees (46.0KB)

Hawker Beechcraft employees set to lose their jobs are already looking for the next opportunity.

Aircraft manufacturer Hawker Beechcraft told 170 workers at a Little Rock factory Thursday that they would lose their jobs, trimming its U.S. workforce as it negotiates the sale of its business jet and general aviation operations to a Chinese company.

In Beijing, Shenzong Cheng is known as the "Helicopter King of China," an industrialist who's been quietly building a small empire in aviation manufacturing.

Hawker Beechcraft says it has entered into an agreement with a China-based company that could result in them being acquired for $1.79 billion.