(WICHITA, Kan.) — The Machinists Union filed paper in bankruptcy court Monday, opposing "an attempt by Hawker Beechcraft, Inc., to expedite the sale of its assets."
Hawker announced last week it has a tentative deal with Superior Aviation of Beijing. The deal calls for the Chinese company to buy Hawker for $1.79 billion.
The International Association of Machinists says the sale has "broad implications."
“The sale should not be rushed through without adequate scrutiny by all interested parties, including federal regulators, state officials and the Wichita community," says IAM President Tom Buffenbarger. "As the necessary review process has not yet commenced, giving Superior the exclusive right to negotiate the purchase of Hawker at this time is premature.”
In the court filing, the IAM says it's concerned that the sale could mean commercial and military-related technology could be transfered to China and that could lead to the loss of jobs.