NetJets China Business Aviation Limited Approved by the CAAC

In October, the Civil Aviation Administration of China (CAAC) approved the joint venture established by the Hony Jinsi Investment Management (Beijing) Co., Ltd., NetJets Air (Asia) Limited and Fengshi Air (China) Co., Ltd.. The total investment of the joint venture is 600 million yuan and the registration investment is 200 million yuan, among which the Chinese party makes up 51%, that is, 102 million yuan and the other party makes up the remaining 49%, that is, 98 million yuan.

The operation area of the joint venture includes business flights, business aircraft escrow, business charter flights and other similar businesses. The headquarters is located in the Zhuhai Aviation Industrial Park. The operation of the project will promote and guarantee the service performance capabilities of the business aircraft market around the Pearl River Delta region and will benefit the development of the economy and meet the demands of business flights in Zhuhai.

10 月，中国民用航空局（简称“民航局”） 批准弘毅近思投资管理（北京）有限公司、利 捷航空亚洲有限公司、冯氏航空中国有限公司 合资成立利捷公务航空有限公司项目，合资公 司总投资6 亿元人币，注册资本为2 亿元人民 币，其中中方控股51%，出资1.02 亿元；外资 占49%，出资0.98 亿元。

合资公司经营范围为公务机飞行、公务机 代管业务、公务机包机飞行等相关业务，合资 公司主运营基地落户珠海航空产业园。该项目 的实施将进一步提高珠江三角洲地区公务机市 场的保障能力和服务水平，有利于珠海市社会 经济迅速发展以及满足当地对公务飞行的需求。