ASG completes sale and delivery of Gulfstream G450

Hong Kong, June 12, 2018 – Hong Kong business aviation consulting firm Asian Sky Group (ASG) has successfully concluded the sale and delivery of a Gulfstream G450, between an Asian corporation and the buyer Shenzhen Funian Business Aviation (Funian Aviation), a subsidiary of Fantasia Culture Tourism Management Co., Limited.

The 14-passenger large cabin aircraft, which has a range of 4,350-nautical miles, was delivered to Funian Aviation in Shenzhen, China on May 31st. The purchase of the G450 marks the third aircraft to enter Funian’s fleet. Two G450s are used for charter, while a G550 is operated for the company.

“ASG is happy to have concluded this G450 transaction from the seller to a very satisfied buyer at Funian Aviation,” says ASG Managing Director, Jeffrey Lowe. “As always, ASG will continue its support after the delivery of the aircraft and assist Funian with any upcoming charter needs too.”

“With the addition of this aircraft, we now have two G450s available for charter, which is a great benefit for the company and our clients,” says Funian Aviation General Manager, Wang Jianning. “Additionally, given the current increasing demand for charter services in China we are seeing, the fleet expansion comes at the best time and we are happy to serve this growing market. After a few years in development, the charter market in China is finally experiencing some stability and transparency in terms of price which is long overdue. Clients, especially the new ones, remain sensitive to costs, so charter operators are required to offer more quality services to meet higher demands from a variety of clients. The addition of this G450 will help us to provide more quality service in a more efficient way.”