EQUITY TRANSFER COMPLETED FOR FUNIAN AVIATION

Metrojet Haite Business Aviation Company Ltd., a joint venture between ExecuJet Haite—a wholly owned subsidiary of the Haite Group and Metrojet Limited, a Hong Kong-based business jet operator, announces the successful completion of the equity transfer of Funian Aviation Co., Ltd. (Funian) to Southern Star Aviation Limited (南星(深圳)公务航空有限公司).

Following the completion of this 100% equity transfer on 26 July 2024, Metrojet Haite Business Aviation Company Ltd. no longer holds any equity in Funian.

“We have successfully completed this equity transfer and would like to extend our heartfelt thanks to all the teams and individuals involved for ensuring a smooth and efficient transition. This milestone marks a significant step forward for all parties, and we are confident that it will lead to continued growth and success for Funian” expressed Mr. Paul Desgrosseilliers, General Manager of ExecuJet Haite and Mr. Gary Dolski, CEO of Metrojet, jointly from Metrojet Haite Business Aviation Company Ltd.

“Metrojet will continue with our operations in Hong Kong and Philippines, maintaining our commitment to providing the highest standards of safety and service to our aircraft management and maintenance clients in the Asia Pacific region and beyond,” commented Mr Gary Dolski, CEO of Metrojet.

About ExecuJet Haite Aviation Services China
ExecuJet Haite is a wholly owned subsidiary of the Haite Group, the leader of China’s private integrated aviation technology services sector. ExecuJet Haite holds CAAC, EASA, FAA, Cayman, Bermuda, Aruba, Hong Kong, and Macau Part 145 approvals and offers line and base maintenance support on multiple Embraer Executive Jets, Dassault, Bombardier, and Gulfstream models, as well as line support for the Boeing business jet.  
ExecuJet Haite is an Authorized Service Center for Gulfstream,Embraer Executive Jets, and Dassault Falcon Jet as well as Authorized by both Rolls-Royce and Honeywell on engines and APU’s.
Further information: www.htaviation.net  

About Metrojet Limited
Established in 1997, Metrojet Limited as part of the Kadoorie Group, pioneered business aviation services in Hong Kong and remains one of the foremost safety and customer-focussed business jet operators and maintenance providers in the Asia Pacific region. The company provides all-inclusive aircraft management, charter, maintenance, and aviation consultancy services to its growing business aviation customer base.
Further information: www.metrojet.com