NetJets Inc. Unveils Joint Venture for China (Asia)

Source: NetJets Inc.

NetJets Inc., a private aviation company owned by Berkshire Hathaway, has announced plans for a new joint venture to bring their services to China. NetJets China Business Aviation Limited will be a joint venture between NetJets Inc. and a consortium of Chinese investors led by Hong Capital subsidiary Hony Jinsi Investment Management (Beijing) Ltd. and Fung Investments. The deal is subject to relevant regulatory approvals.