Tianjin-based Part 145 organisation ExecuJet Haite, a wholly owned subsidiary of the Haite Group, and Hong Kong-based operator Metrojet have completed their Chinese joint venture. The new company, Metrojet Haite Business Aviation Company, is registered in Shenzhen and will build on the existing strengths of both companies in aircraft management, flight operations and MRO services.

As a first step for the joint venture, Metrojet Haite Business Aviation has acquired the shareholding of Funian Aviation. This purchase will be followed by a wider portfolio of companies and acquisitions as opportunities arise.

Funian Aviation was founded in 2017 and its main operations base and offices are located in Shenzhen, China. Its focus is providing both aircraft management and high-end charter services, and it has extensive experience 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 FAA Part 91 operation experience. The company has also obtained the IS-BAO Stage II certification.

“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,” says ExecuJet Haite general manager Paul Desgrosseilliers.

“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,” says Metrojet CEO Gary Dolski.

Both Haite and Metrojet will contribute to the board of directors of the new joint venture a team of outstanding aviation professionals who have, on average, more than 30 years of global business aviation, financial, legal and management experience.