The transaction between the two parties is expected to be concluded by early July.
ExecuJet Haite, a fully owned subsidiary of the Haite Group, and Metrojet Limited, the Hong Kong-based business jet operator, broadcasted the decision of a joint acquisition of Funian Aviation Co., Ltd. Its focus is 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 has FAA Part 91 operation experience. The company has also obtained the coveted IS-BAO STAGE II certification.
Paul Desgrosseilliers, General Manager, ExecuJet Haite, said, “Funian has an excellent reputation for providing exceptional client service, and we strongly believe their values align with both Haite Group’s and Metrojet’s mission and standing and we are thrilled with the acquisition.”
Gary Dolski, CEO, Metrojet, said, “Through leveraging the combined strengths of Haite and Metrojet, Funian Aviation will continue to promote and provide superior business aviation services and solutions that meet the highest international standards of safety, quality and service in the Greater China region and abroad.”
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ExecuJet Haite is a wholly owned subsidiary of the Haite Group, a Sichuan based company, and Metrojet Limited, the Hong Kong-based business jet administrator, have now jointly acquired Funian Aviation Co., Ltd., the exchange is supposed to be done toward the beginning of July. According to the new partners the obtaining is a significant key step in the right direction for the two players, permitting them to expand on existing qualities in airplane the executives, flight operations and MRO services, and to build up their generally deeply grounded positions as market pioneers within the region. The obtaining of Funian Aviation is a vital initial phase later on long haul plans and relationship of Haite and Metrojet.
