Shocker! American Sport Aviation Icon, Glasair, Sold To Chinese Buyer | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 05.18.15

Airborne 05.26.15

Airborne 05.27.15

Airborne 05.28.15

Airborne 05.22.15

Airborne Hi-Def On YouTube

Airborne 05.18.15

Airborne 05.26.15

Airborne 05.27.15

Airborne 05.28.15

Airborne 05.22.15

 

Sat, Jul 21, 2012

Shocker! American Sport Aviation Icon, Glasair, Sold To Chinese Buyer

Glasair Aviation Acquired by Mr. Fang Tieji, Chairman of Jilin Hanxing Group

We've heard this story before.... but yet again, another (once) uniquely-American aviation success story is about to be a foreign-owned company.

Glasair Aviation LLC (Glasair), and Mr. Fang Tieji, Chairman of Jilin Hanxing Group co., Ltd., have announced that Mr. Fang has acquired Glasair's kit-aircraft manufacturing assets. Glasair Aviation manufactures the very popular Glasair, Glastar and Sportsman lines of personal aircraft, having delivered approximately 3,000 planes which are being built and/or flown all over the world. 

Mr. Fang has formed Glasair Aviation USA LLC as the new operating entity for Glasair's product lines and plans to invest substantially in Glasair's existing product lines, starting with certifying the popular Sportsman design. In addition, Mr. Fang plans to substantially grow Glasair Aviation USA by acquiring and consolidating additional airframe designs and other aviation related companies. 

There are no plans to relocate or terminate any existing Glasair Aviation employees.  Mr. Fang plans to retain Glasair's U.S. headquarters, management team and employees. ANN will have more information on this development shortly...

FMI: www.glasairaviation.com

 


Advertisement

More News

Airborne 05.27.15: Did Boeing Over-Promise?, Anti-KSMO Chicanery, Jimmy Stewart

Also: FAA Hiring Astray?, Comparison Shopping LSAs, Philippines Flying Limitations, Asteroid Redirect, Wings Of Mercy, Student Launch Challenge, Alaska Air In 2013, the State of Wa>[...]

AeroSports Update: LadiesLoveTaildraggers Fly-in Canceled

Bad Weather Hammers Sulfur Springs Texas Airport And The Ladies Who Love Taildraggers Shut Down Their May 29-31 Fly-in Just in case you haven’t been watching the news, the Mi>[...]

ANN's Daily Aero-Linx (05.28.15)

Lessons Learned From Transport Airplane Accidents This Lessons Learned From Transport Airplane Accidents library represents some of the most major accidents and their related lesso>[...]

ANN's Daily Aero-Term (05.28.15): Nautical Mile

A unit of distance used in aviation and marine navigation and marine forecasts.>[...]

Aero-News: Quote Of The Day (05.28.15)

“As a pilot, your first job is to fly your own airplane. Part of that job is to scan for other airplanes.” Source: NTSB Chair Christopher Hart.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC