Story ID: 
Execujet Haite and Metrojet Acquiring Funian Aviation
By: Hanneke Weitering
Caption: Execujet Haite and Metrojet have announced their joint acquisition of Funian Aviation, a deal that is expected to be completed in July.
Word Count: 184
Execujet Haite Aviation Services China and business jet operator Metrojet are jointly acquiring Funian Aviation, a deal that is expected to be completed in July. Founded in 2017, Funian Aviation provides aircraft management and charter services, operating a fleet of Gulfstream G450s and G550s. Based in Shenzhen, China, the company holds a CAAC Part 135 charter certificate and CAAC Part 145 maintenance organization approval. Funian Aviation has also obtained IS-BAO Stage II registration.

According to Execujet Haite—a subsidiary of the Sichuan-based Haite Group and a joint venture between Execujet Aviation and Tianjin Haite—the joint acquisition of Funian Aviation with Hong Kong-based Metrojet is "a major strategic step forward for both parties. " Metrojet added that the deal allows it to build on existing strengths in aircraft management, flight operations, and MRO services.

"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.