ExecuJet Haite, a wholly owned subsidiary of the Haite Group, and Metrojet Limited, the Hong Kong-based business jet operator, announced the joint acquisition of Funian Aviation Co., Ltd. The transaction is expected to be finished in early July. The acquisition is a major strategic step forward for both parties, allowing them to build on existing strengths in aircraft management, flight operations and MRO services, and to reinforce their already well-established positions as market leaders within the region. The acquisition of Funian Aviation is an integral first step in the future long-term plans and relationship of Haite and Metrojet.
Funian Aviation was founded in 2017, with their main operation base and offices located in Shenzhen, China. 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 organisation approval and has FAA Part 91 operation experience. The company has also obtained the IS-BAO STAGE II certification.
“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,” said ExecuJet Haite General Manager Paul Desgrosseilliers.
“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,” said Metrojet CEO Gary Dolski.