Silkwings Lands Funding for Business Jet Fractional Ownership Venture | Aviation International News

Charter & Fractional

Silkwings Lands Funding for Fractional Ownership Venture

The company plans to operate Dassault Falcon aircraft in China and other parts of Asia, and will also offer aircraft management services.

By Jennifer Meszaros • Contributor - Asia

May 25, 2023

Silkwings Jet has secured fresh funding from Shanghai’s Capital 8 investment group and the Hong Kong-based L’Voyage private flight provider for the development of its business jet fractional ownership program. The Hangzhou-based joint venture did not disclose the amount of this funding.

Launched in late 2022 with support from the French government, the Sino-French company aims to operate a fleet of Dassault Falcons in China and other key Asian markets under air operator certificates in multiple countries. It will also offer management services for aircraft owners, and opportunities for clients to offset ownership expenses, such as acquisition and operating costs through charter revenue.

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