Chinese Mull Another BizAv Buy
By William Garvey william_garvey@aviationweek.com .
T
he Chinese could soon be owners of another U.S. aviation entity – specifically the SJ30 business jet program. Sources tell AWIN that serious negotiations are under way to acquire the SJ30, now stalled by Emivest’s bankruptcy, and that the deal could close this year.
Even though the program was begun by Ed Swearingen in the mid-1980s, and the aircraft received its FAA ...
