News Release

Zetta Jet signs financing agreement with AVIC Leasing

Zetta Jet and China's AVIC International Leasing Co., Ltd. (AVIC Leasing), jointly announced the signing of a strategic agreement on the co-operation in aircraft financing and leasing at the Asian Business Aviation Conference and Exhibition (ABACE) 2016 in Shanghai, China. Under the agreement, AVIC Leasing will support the financing of Zetta Jet's order of two Bombardier Global 6000 business jets that was announced on February 17, 2016.

“This agreement not only strengthens our market position in the Asian aviation market, it also indicates the strong recognition and confidence that AVIC Leasing, a key partner of Zetta Jet and a leading player in China's financing market, has in the growth potential of Zetta Jet and its business.” said Geoffery Cassidy, managing director, Zetta Jet.

Established in August 2015, and based in Singapore, Zetta Jet files exclusively Global aircraft. The two business jets are slated to operate out of the company's North American hub in Los Angeles to cater to the increasing demand for its luxury travel services in the south east Asian (SEA) region.

“We are pleased to work with Zetta Jet, a leading private jet operator in Asia,” said Li Jun, vice president, AVIC Leasing. “Both parties hold full confidence in this joint cooperation and in the Asian aviation market. We look forward to the success of this mutually beneficial collaboration.”