Deer Jet, China’s largest fleet operator, has launched its “General Aviation Equity Fund,” with the goal of increasing investment in general aviation services, such as FBOs and MROs, in China. The fund is anticipated to generate 2 billion RMB in investment capital in the first round, towards a total of 5 billion RMB. Deer Jet announced the fund here at ABACE 2014
The minimum initial contribution by organizations and qualified individuals will be 50 million RMB. After joining the fund, investors will become “VIPs” of all of Deer Jet’s tourist offerings, which include hotels, golf, yachts and, of course, aviation services. Those who invest 100 million RMB can take 100 flight hours annually in one of the company’s Gulfstream G550s in return of their investment; alternatively, they can receive their compensation in other luxury services, such as private yachts, cruises or helicopters.
