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Hawker Beechcraft Lays Off 170 Workers

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Key Takeaways:

  • Hawker Beechcraft has laid off 170 employees at its Little Rock facility amidst ongoing exclusive talks with Chinese-based Superior Aviation for a potential $1.8 billion sale.
  • Federal officials and union members are challenging a proposed $5.3 million executive bonus plan for top leadership at the bankrupt company.
  • Even if the sale to Superior Aviation progresses, a bankruptcy court auction will still be held for higher bidders, and if the deal fails, Hawker Beechcraft plans to remain an independent entity.
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Hawker Beechcraft has issued pink slips to 170 hourly and salary workers as the bankrupt company continues exclusive talks with Chinese-based Superior Aviation regarding a potential sale of the storied American manufacturer.

The layoff notices – which gave the affected employees 60 days notice – were issued to workers at Hawker Beechcraft’s Little Rock facility on Thursday. Despite the loss of employees, the manufacturing plant will remain open.

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