Hanxing: Glasair Acquisition Complete

Gemini Sparkle

Key Takeaways:

  • Zhuhai Hanxing General Aviation Co. Ltd. of China has fully acquired Washington-based Glasair Aviation LLC, intending to introduce Glasair's technology, like the Sportsman design, into its Chinese aircraft manufacturing operations.
  • Glasair's U.S. headquarters and employees are expected to remain, with plans for increased investment in customer support and new development, including a gasoline-powered design.
  • The acquisition aligns with China's push to expand its private aviation sector, supported by plans for building up to 1000 new airports and gradually opening low-altitude airspace.
See a mistake? Contact us.

Zhuhai Hanxing General Aviation Co. Ltd. of China has completed its 100 percent takeover of Washington-based Glasair Aviation LLC, and now plans to introduce some of Glasair’s technology to its operations in China, ChinaDaily reported Thursday. The company made the announcements at the 9th China International Aviation and Aerospace Exhibition earlier this month. Details of how Glasair’s technology would be applied to Hanxing’s aircraft manufacturing operations in China remain unclear. Glasair’s production line includes the popular Sportsman, a design the Chinese group has previously said it would certify and that could serve well in China as a trainer or personal aircraft. The successful expansion of private aviation in China may be dependent on economic conditions there and further changes to how China manages access to the its airspace.

A gasoline-powered design is reportedly in the works from Glasair. A prior news release from Hanxing stated that “there are no plans to relocate or terminate any existing Glasair Aviation employees” and the company’s U.S. headquarters would remain in the U.S. Glasair is among several aviation companies that have been acquired by Chinese owners, including Cirrus Aircraft. A recent deal between Hawker Beechcraft and Chinese interests fell through. Hanxing has previously said it would ramp up investment in customer support and new development. That intent may be directly tied to forecasts that as many as 1000 new airports will be built across China over the next five years. Again, other factors may influence that rate of expansion.The country is currently involved in the gradual opening of its low-altitude airspace to privately operated aircraft and has announced its intention to improve its aviation infrastructure.

Sign-up for newsletters & special offers!

Get the latest stories & special offers delivered directly to your inbox

SUBSCRIBE