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Deer Jet completes acquisition of Asia Jet

Denzil White, chief executive of Hong Kong Jet, third left, with the Asia Jet executive team

Deer Jet has finalised the acquisition of Asia Jet Partners, known as Asia Jet.

Following the signature of a shareholders agreement, Deer Jet-subsidiary Hong Kong Jet has acquired 100 per cent equity of Asia Jet.

The acquisition will enhance Hong Kong Jet´s service capabilities, becoming one of the leading jet management and maintenance companies in the Asia Pacific region.

At the same time, Hong Kong Jet will lead the business jet charter service sector in Hong Kong.

After the transaction, Hong Kong Jet will be able to provide jet charter, management and maintenance services for aircraft registered in the US, Bermuda and Hong Kong.

This strategic acquisition is expected to benefit clients of both companies by diversifying and extending service range among other economic gains.

Founded in 2009, Hong Kong Jet operates as a subsidiary of Deer Jet, employing more than 150 experts; it provides with comprehensive private jet services including jet charter, management and maintenance.

The company has been awarded in many occasions for its safety records and operational excellence.

In 2015, Hong Kong Jet increased the jet fleet under its management by more than 80 per cent, with maintenance hours up by 110 per cent year-on-year.

Hong Kong Jet recently received a FAA Part 145 repair operation certification.

The company had previously received a Part 91 and a Part 145 certification in Hong Kong, Bermuda and Caiman.

Hong Kong Jet is highly renowned for its operation quality standards and safety records, being one of three jet companies certified by the highest international safety standard IS-BAO III.

Deer Jet is considered the World’s Leading Private Jet Charter by the World Travel Awards.

About Asia Jet

Founded in 2008, Asia Jet is a leading business jet service company headquartered in Hong Kong.

The Asia Jet brand is recognised as a signature of customised and bespoke services in business aviation, preferred by business travellers for its excellent safety standards and premium quality services.

Its comprehensive service portfolio covers jet charter, management, brokerage, crew management, loyalty programs among others.

Asia Jet is one of few operators certified by all three international authorities for safety in business aviation, holding an ARGUS Platinum, Wyvern Wingman and IS-BAO III.