![]() ![]() Extended Search Options for over 7,490 Airlines.Full access to all news articles including exclusive stories reported first by ch-aviation."News to go" - Ability to view multiple full news articles on one page.With a ch-aviation PRO subscription you benefit from a wide range of data and information such as: To access our news database including full archive search and exclusive stories reported first by ch-aviation you need to upgrade to ch-aviation PRO. In early 2016, BAA Jet Management was in talks to acquire a 25% stake in the company, but that appears to have not eventuated.Īside from Netjets (USA), the other key stakeholders in the Chinese unit are Hony Jinsi Investment Management Ltd., and Fung Investments. By 2015, it had cut the price of entry for access to its fractional fleet by half, down to USD150,000. It initially provided management services for aircraft in its charter fleet under the brand Executive Jet Management China, and also operated a pair of Hawker 800s. NetJets Business Aviation secured its Chinese Air Operator's Certificate in October 2014. ![]() "NetJets' customers will continue to enjoy private aircraft travel to and from China and other Asian countries using aircraft from our programs in the US and Europe." "We still foresee tremendous long-term opportunities for business aviation, however, current economic and operating conditions are not yet ideal for business expansion," a NetJets statement reads. Corporate Jet Investor reports that the unit's Chinese investors decided earlier this year to wind back the division until economic conditions improve. US private charter operator NetJets Aviation (EJA, Columbus John Glenn, OH) has postponed its expansion plans for its China subsidiary, NetJets Business Aviation ( Zhuhai), citing poor market conditions. ![]()
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