Glasair Aviation Acquired by Mr. Fang Tieji, Chairman of Jilin Hanxing Group
We've heard this story before.... but yet again, another (once) uniquely-American aviation success story is about to be a foreign-owned company. Glasair Aviation LLC (Glasair), and Mr. Fang Tieji, Chairman of Jilin Hanxing Group co., Ltd., have announced that Mr. Fang has acquired Glasair's kit-aircraft manufacturing assets. Glasair Aviation manufactures the very popular Glasair, Glastar and Sportsman lines of personal aircraft, having delivered approximately 3,000 planes which are being built and/or flown all over the world.