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 03.02.15

Airborne 03.03.15

Airborne 03.04.15

Airborne 02.26.15

Airborne 02.27.15

Airborne Hi-Def On YouTube

Airborne 03.02.15

Airborne 03.03.15

Airborne 03.04.15

Airborne 02.26.15

Airborne 02.27.15

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

Garmin Pilot Optimizes Charts For Helicopter Operators

Eight Major Metro Areas, Gulf Of Mexico Included In First Release Garmin is rolling out a new version of Garmin Pilot for iOS, which adds a suite of features tailored to helicopter>[...]

Airborne 03.04.15: Airbus' NEW H160, Robinson Buys 1000 RR300s, NEW Bell 407GXP

Also: Inverted Flat Spin Record, Belite Aircraft Reinvents the Cub, Aspen Evolution In Demand, Screamin’ Sasquatch, New Elite HeliSim, JetBlue Pilot Update Airbus showed off >[...]

Airborne 03.03.15: AW189 Certified, Honeywell Heli Forecast, HondaJet Sim

Also: NBAA Likes PBOR II, Wipaire Viking Endorsement, R44 Update, PW Engine Ctr, Twirly Birds Its going to be a great week for rotorcraft as HAI gets it start in Orlando, Florida..>[...]

Airborne 03.03.15: AW189 Certified, Honeywell Heli Forecast, HondaJet Sim

Also: NBAA Likes PBOR II, Wipaire Viking Endorsement, R44 Update, PW Engine Ctr, Twirly Birds Its going to be a great week for rotorcraft as HAI gets it start in Orlando, Florida..>[...]

Airborne 03.04.15: Airbus' NEW H160, Robinson Buys 1000 RR300s, NEW Bell 407GXP

Also: Inverted Flat Spin Record, Belite Aircraft Reinvents the Cub, Aspen Evolution In Demand, Screamin’ Sasquatch, New Elite HeliSim, JetBlue Pilot Update Airbus showed off >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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