Dubai Debutant: Sino Swearingen SJ30 | Aviation International News

Dubai Debutant: Sino Swearingen SJ30

UK-based Action Aviation serves as a distributor for the Sino Swearingen SJ30 light business jet–in fact, it is the exclusive worldwide distributor and soo

By AIN Staff • AIN Staff

November 13, 2007

UK-based Action Aviation serves as a distributor for the Sino Swearingen SJ30 light business jet–in fact, it is the exclusive worldwide distributor and soon-to-be majority stakeholder in the manufacturer, if an agreement between the two companies goes through as planned. “Sino Swearingen’s Taiwanese owners and Action Aviation have agreed to the terms of the deal and we expect to complete our due diligence soon,” said Mike Creed, the Dubai-based managing director of Action Aviation.

Action Aviation Investment Group has secured enough money to acquire an unspecified majority stake and sufficient cash to ramp up production of the SJ30, of which only two have reached customers since its certification in October 2005. Action holds 159 delivery position “commitments,” of which it has sold 38. Orders total about 300. “We expect to bring the time from sale to delivery down to nine months,” said Creed.

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