50 SKY SHADES - World aviation news

Deer Jet and UAS conclude Share Acquisition Agreement

Download: Printable PDF Date: 06 Dec 2016 19:13 (UTC) categories:
Publisher:
Deer Jet and UAS conclude Share Acquisition Agreement  - Business aviation publisher
Tatjana Obrazcova
Country: United Arab Emirates Aircraft: Airplanes

Global leading business aviation company Deer Jet has concluded the acquisition of major shares of UAS International Trip Support (UAS). Deer Jet has become the major shareholder of the global flight support solutions provider.

The agreement was completed ahead of MEBAA Show 2016 on Monday, December 5 by UAS’ existing shareholders and Deer Jet Chairman and President Zhang Peng. UAS Group executive management continues under the leadership of both Co-Owners/Founders Mr. Mohammed Husary as Executive President alongside Mr. Omar Hosari as Chief Executive Officer.

First announced at NBAA-BACE 2016 in October with a view to finalizing by the end of 2016, the strategic alliance is set to massively benefit the two industry heavy-weights and their clients by significantly improving their capabilities and accelerating strategic goals to enhance international business aviation flights and user experience.

UAS is now the flight support partner for the impressive fleet of 90 aircraft that Deer Jet operates and manages. The fleet includes the world’s only BBJ 787 in VVIP configuration - “the Dream Jet.”  Deer Jet operates as a wholly owned subsidiary of HNA Group, a Fortune 500 company, and by joining the Deer Jet family, UAS will have more opportunities to serve the group’s airlines.  

Global leading business aviation company Deer Jet has concluded the acquisition of major shares of UAS International Trip Support (UAS). Deer Jet has become the major shareholder of the global flight support solutions provider.

The agreement was completed ahead of MEBAA Show 2016 on Monday, December 5 by UAS’ existing shareholders and Deer Jet Chairman and President Zhang Peng. UAS Group executive management continues under the leadership of both Co-Owners/Founders Mr. Mohammed Husary as Executive President alongside Mr. Omar Hosari as Chief Executive Officer.

First announced at NBAA-BACE 2016 in October with a view to finalizing by the end of 2016, the strategic alliance is set to massively benefit the two industry heavy-weights and their clients by significantly improving their capabilities and accelerating strategic goals to enhance international business aviation flights and user experience.

UAS is now the flight support partner for the impressive fleet of 90 aircraft that Deer Jet operates and manages. The fleet includes the world’s only BBJ 787 in VVIP configuration - “the Dream Jet.”  Deer Jet operates as a wholly owned subsidiary of HNA Group, a Fortune 500 company, and by joining the Deer Jet family, UAS will have more opportunities to serve the group’s airlines.  

influence in the international aviation industry. From an operational viewpoint, we’ve ironed out the finer points and are currently finalizing our mid to long-term business plan. Our clients can now expect a broadened range of services delivered to the same levels of efficiency, quality, and operational excellence they have come to expect from us.”

Mr. Zhang Peng, Chairman and President of Deer Jet said: “We are delighted to conclude the share acquisition of UAS and very excited to see the valuable synergies our companies are about to create in the near future. After founding Hong Kong Jet, and acquiring shares of Asia Jet, Hawker Pacific and UAS, Deer Jet will continue to expand its global range through strategic partnerships with the best companies in the world of business aviation. For the second consecutive year, Deer Jet has been selected as the World’s Leading Private Jet Charter by the World Travel Awards (WTA), a strong statement on our longstanding leadership and firm commitment towards excellence in service.”

Related event:
06
December
2016
United Arab Emirates, Dubai, Dubai Airshow Site at Dubai World Central (DWC), Dubai.


Archived
9 years ago





Recommended

Solutions for the aviation of tomorrow: Liebherr at Farnborough Airshow 2026

Efforts to increase fuel efficient aircraft operation and an increasing demand for digital solutions are two main drivers for the aviation industry’s – a substantial transformation process...

FlyBy Aviation Academy graduates 33 new pilots in June and welcomes new summer ATPL class

FlyBy Aviation Academy announced two graduation ceremonies held during the month of June, marking the finish line for a combined total of 33 new pilots, as well as the start of a new ATPL cl...

Electra achieves FAA certification milestone for EL9 Ultra Short Aircraft

Federal Aviation Administration has closed the G-1 Issue Paper, formally establishing the certification basis for Electra’s EL9 Ultra Short aircraft and advancing the company toward the next big...

15 years in the service of science: Lufthansa Airbus celebrates research anniversary

Lufthansa Airbus A340-300, named after the city of "Viersen", is celebrating a special anniversary: When the long-haul jet is scheduled to operate flight LH405 from New York to Frankfurt fro...

Android Apps development in Riga, Latvia