NY judge appears close to OKing Beechcraft plan

NY bankruptcy judge signals he's close to signing off on Hawker Beechcraft reorganization plan

Associated Press

NEW YORK (AP) -- A bankruptcy judge in New York has signaled that he's close to signing off on a reorganization plan for Kansas aircraft-maker Hawker Beechcraft.

Judge Stuart Bernstein reviewed a draft plan with lawyers Thursday at a federal bankruptcy court in Manhattan.

Bernstein said he wanted minor changes in the wording of the plan before granting final approval.

There were no serious objections from creditors.

A settlement for a new pension plan and other labor concessions were approved without objection.

Another hearing was set for April 9.

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