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

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 06.29.17

Airborne 06.26.17

Airborne 06.27.17

Airborne 06.28.17

Airborne 06.29.17

Airborne 06.23.17

Airborne-Unmanned 06.27.17

Airborne-YouTube

AMA 06.22.17

Airborne 06.26.17

Airborne 06.27.17

Airborne 06.28.17

Airborne 06.29.17

Airborne 06.23.17

Airborne-Unmanned 06.27.17

XPONENTIAL Innovation Preview -- www.allthingsunmanned.com

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

ANN's 2017 AirVenture Innovation Preview is Going To Be A Stunner!

Early Confirmations Show An Amazing Assortment of Exciting New Products and Technologies! It may be the most impressive line-up of new technology to ever be featured in our Innovat>[...]

Airborne 06.27.17: SpaceX Doubles!, Sean Tucker Retirement, FA Changes

Also: Shoreham Update, Aero-Calendar, AUVSI, Fighter Pilots, André Borschberg, Airport Crimes, Drone Conference SpaceX, in the midst of a greatly accelerated launch pace, pu>[...]

Airborne-Unmanned 06.27.17: AUVSI On Senate Bill, Intel Olympics, NIGHTWARDEN

Also: DRL Winner $$, Kespry Enters Insurance Sector, Drone Sim Market, Automated Vehicles Symposium Brian Wynne, president and CEO of AUVSI, issued a statement on the unmanned airc>[...]

AMA Drone Report 06.22.17: FAA Reauthorization, Rotor Riot Int'l, DRL on ESPN

Also: Drones at Oshkosh!, Drone Regulatory Effort, AMA Drone Report-Help Wanted, Aero-TV: MultiGP Drone Racing The House of Representatives has published initial language to reauth>[...]

U.S. Rocketry Students Impress At Internationals, Win Gold

Students From Festus, MO Become Third Consecutive U.S. Team To Take Top Spot The 10-student team from Festus High School in Festus, MO bested the world's best rocketry teams and to>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC