Hong Kong-based Asian Sky Group (ASG) and China’s AVIC International Aero-Development Corp. (AVIC ADE) have signed a strategic agreement for ASG to source pre-owned fixed- and rotary-wing business aircraft from the global market for resale in China. The agreement was signed last month and also covers the resale of mainland Chinese-owned aircraft in the global market. “We’re currently working on some pre-owned helicopter transactions,” says Jeffrey Lowe, general manager of ASG. “We’re ...

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