Himalaya Business Aviation chooses BAA for management

Alud Davies
By Alud Davies November 14, 2017 13:45

Himalaya Business Aviation chooses BAA for management

Himalaya Business Aviation (HBA) has chosen Business Aviation Asia to provide its business jet management services.

HBA is a joint venture between BAA Jet Management and Smart Empire Global, a division of Royal China International.

The three-year contract is valued at $25 million.

According to a filing on the Hong Kong Stock Exchange, BAA will receive $3.1 million in 2017, $11.2 million in 2018 and $11.8 million in 2019.

HBA entered into the partnership with BAA to build up its business jet management portfolio. Before the joint venture, HBA was called New Flyer Limited.

Alud Davies
By Alud Davies November 14, 2017 13:45