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Business Air News Bulletin
Business Air News Bulletin

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Asian Sky Group

Aircraft Sales/Acquisition

Finance/Leasing

Ops Consultancy

Press Release

Issued by Asian Sky Group.

October 30, 2014

Asian Sky Group selected for business aviation support by one of China's largest corporations

Asian Sky Group is pleased to announce that it has been retained by one of China's largest steel producers to assist it with the selection of a financing institution and to provide it with full contractual support in regards to all aspects of its planned business aircraft acquisition.

As a part of its services, ASG's team will provide expert opinions regarding commercial terms and assist in the negotiation of all agreements, ensuring competitive conditions when compared to industry standards and accepted practices.

“We are very pleased to announce that through ASG's various industry contacts and given its extensive business aviation experience, we have already been successful in securing a financing arrangement for the client's purchase of a business aircraft at very competitive terms and conditions. This was a particularly challenging case as the aircraft will be based and registered in Indonesia”.

“Experience has shown us that involving a professional consulting company in the early stages of an aircraft purchase is key to minimise both costs and potential problems relating to the aircraft in the long run. For example, the ownership structure should be considered and decided before purchasing in order to maximize any benefits - namely, tax benefits. We are very pleased to be repeatedly recognized by major organizations in the Asia-Pacific region as the leader in business aviation consulting”, says Jeffrey C. Lowe, general manager of ASG.