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Bankruptcy judge appears nearly ready to approve Beechcraft plan

AP
February 2, 2013, 12:05 am TWN

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NEW YORK -- A bankruptcy judge made clear Thursday that he is close to signing off on a reorganization plan for Kansas aircraft-maker Hawker Beechcraft that will preserve thousands of jobs.

Judge Stuart Bernstein heard no major objections from creditors while reviewing a draft of the plan during a lengthy hearing at a federal bankruptcy court in Manhattan. He said he wanted minor changes in the wording before granting final approval.

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