One Aviation Earns CFIUS Approval for Sale
While the CFIUS ruling allows One Aviation to be acquired by Chinese-backed Citiking International, when it will exit bankruptcy is unclear.

Albuquerque, New Mexico-based One Aviation recently cleared a significant hurdle in its plan to emerge from Chapter 11 bankruptcy, though when that emergence will occur remains up in the air. The  Committee on Foreign Investment in the United States (CFIUS) this month provided clearance for Citiking International US to acquire One Aviation, according to the law firm of Paul Hastings that represented the company in the matter.