Asia United Business Aviation launched

Asia United Business Aviation Co., Ltd. was launched on April 28, the first business jet company jointly owned by companies from Mainland China and Hong Kong. Vice Minister Wang Changshun of the Civil Aviation Administration of China (CAAC), who attended the ceremony, said Asia United will help in promoting domestic business jet operation. Asia United’s main investors are Shenzhen Airlines, Business Aviation Asia Limited (BAA), a subsidiary of Hong Kong-listed New World Cyberbase Ltd., and Beijing National Trust and Investment Co. Ltd. Asia United will be principally engaged in business flights, aircraft management in trust, aircraft charter, and business jet ground service. Shenzhen Airport will be Asia United’s main base of operations. The company is eyeing Shenzhen, Hong Kong, Macao and Pearl River Delta region as its target areas.