ExecuJet Haite, and Metrojet Limited, with the new joint venture, intend to reinforce their position within the region and build on their aircraft management, flight operations and MRO services.
ExecuJet Haite, an operator of a worldwide network of Fixed Base Operations (FBOs) dedicated to delivering services for business aircraft and Metrojet Limited, the Hong Kong-based business jet operator, has announced the completion of their Chinese joint venture. The new company, Metrojet Haite Business Aviation Company Ltd., is registered in Shenzhen, China. The two companies with this new joint venture aim to reinforce a well-established position as market leaders within the region and build on their existing strengths in aircraft management, flight operations and MRO services.
“With the completion of the joint venture, we now have a strong foundation in place to grow our combined businesses across a larger spectrum of business aviation services delivering added value to our customers and partners through our shared commitment to excellence,” said Paul Desgrosseilliers, General Manager, ExecuJet Haite.
Metrojet Haite Business Aviation Co. Ltd. has now formally acquired the shareholding of Funian Aviation Co. Ltd., which the company sees as a first step in the future long-term plan for the joint venture. This will be followed by a wider portfolio of companies and acquisitions as opportunities arise. ExecuJet Haite is a wholly owned subsidiary of the Haite Group.
“The collective goal of Haite and Metrojet is to ensure that Funian Aviation continues to expand, promote and provide superior business aviation services and solutions to the highest international standards of safety, quality and service in the greater China region and abroad. We see this acquisition as an important first step in our relationship with Haite that will lead to an expanded maintenance, support service and aircraft management network across China,” said Gary Dolski, CEO, Metrojet.
Funian Aviation Co., Ltd. was founded in 2017, with its main operation base and offices located in Shenzhen, China. The company mainly focuses on providing both aircraft management and high-end charter services, with extensive experience in operating a fleet of Gulfstream G450/G550 aircraft. Funian Aviation holds CAAC Part 91 and has a CAAC Part 135 Air Operator Certificate, CAAC Part 145 maintenance organization approval and FAA Part 91 operation experience. The company has also obtained the coveted IS-BAO STAGE II certification.
