Hawker Beechcraft wants to sell highway frontage to Wichita

CREATED Sep. 7, 2012

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WICHITA, Kan. (AP) Hawker Beechcraft has asked the bankruptcy court for permission to sell a strip of highway frontage to the city of Wichita for $2.9 million.

 
The court set a Sept. 27 hearing date to consider the request.
 
Court documents filed Thursday state that the city plans to use the land for a highway expansion project. Hawker says the sale will not affect the value of remaining property.
 
The Wichita-based plane maker fears the city may initiate eminent domain proceedings that might bring in less money than a private sale.