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 On ANN

ADR 02.27.17

Airborne 02.27.17

Airborne 02.28.17

Airborne 02.22.17

Airborne 02.23.17

Airborne 02.24.17

Airborne-HD On YouTube

ADR 02.27.17

Airborne 02.27.17

Airborne 02.28.17

Airborne 02.22.17

Airborne 02.23.17

Airborne 02.24.17

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

Counting Down! ANN's Infamous April 1st Edition's Just Around The Corner!

Get Your Wacky Ideas In NOW! ANN E-I-C Note: Folks... we gotta warn you... our Annual April 1st Editions are LEGENDARY -- and this WILL be our best April 1st Edition yet. Based on >[...]

Airborne 02.24.17: RV-10 Suit Dismissed, 2016 GA Sales, Red Tail Legacy

Also: Falcon 9 Landing, TFR Busts, Denton Airshow, QF-16, Treasure Coast, 'Fly Safe' Campaign, Juno Mission When the news first came out, in 2015, that Van's Aircraft was sued for >[...]

Sun 'N Fun To Host Massive Gathering Of P-51 Mustangs

Expected To Be The Largest Assembly Of P-51s In A Decade Or More It is being billed as possibly the largest gathering of P-51 Mustangs in a decade or more ... on Wednesday, April 5>[...]

DJI Hints At A New Drone, Reveals Details Early

Industry WAS Speculating What The Drone Giant May Be Bringing To Market Next Generating buzz is good marketing, and DJI was doing so with a Tweet announcing new products for the Mo>[...]

Klyde Morris (02.27.17)

Klyde Is Amazed By All The Ways NASA Info Gets Interpreted FMI: www.klydemorris.com>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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