Despite objections from the International Association of Machinists and Aerospace Workers (IAM), the U.S. Bankruptcy Court for the Southern District of New York today approved Hawker Beechcraft’s motion to enter into exclusive negotiations with Superior Aviation Beijing Co. The proposed deal was announced early last week, but required a judge’s approval to proceed.
Hawker Beechcraft and the International Association of Machinists (IAM) union began negotiations on a new contract early last month. The current contract for the 2,800 aircraft line workers expires August 7. Hawker Beechcraft and the IAM opened negotiations early last October to try to reach an agreement. However, the proposal was overwhelmingly voted down and talks were closed until last month.