Nov 3, 2016 (China Knowledge) - Singapore-based charter operator Zetta Jet has partnered with Minsheng Financial Leasing Co. Ltd. to introduce four Challenger 650 jets into its global fleet. The deal worth USD 129.4 million is another round of leasing from Minsheng. The four business jets will operate between North American hub, Los Angeles, and Southeast Asia to cater to the rising demand for luxury flight services from these regions. As Asia’s leading financial service provider for business aircraft, this strategic partnership marks Minsheng Financial Leasing’s international expansion.
The Challenger 650 aircraft boosts the world’s widest cabin and a 12-passenger only capacity. Designed to cater to the needs of business travelers, it is equipped with lightning Internet connectivity, high-definition sound capabilities and intelligent cabin management system. Revolutionary avionic features like the Bombardier Vision flight deck, Synthetic Vision System, MultiScan weather radar, and available head-up display with Enhanced Vision System increase aircrafts’ inbuilt situational awareness, reducing the pilot’s workload and ensuring safer flights.
Within the business aviation industry, Challenger aircrafts are renowned for their trademark service excellence and world-class flight facilities. Coupled with its lavish space, Challenger 650 jets promise to redefine private charter services and deliver the ultimate luxurious inflight experience.
Managing Director of Zetta Jet, Geoffery Cassidy, says this agreement strengthens its position in the Asian aviation market by diversifying their fleet to include Challenger business jets and enhancing its offering to their elite clientele.
Singapore-based Zetta Jet is the world’s first private airline that provides customised inflight service. It aims to indulge its prestigious group of clients with unparalleled luxury by fusing Asia’s emphasis on service excellence with America’s flexible and initiative-driven attitude. It is the only FAA135-licensed operator that can service polar flights.
Minsheng's Financial Leasing Co. Ltd, a subsidiary of China Minsheng Bank set up in 2008, has registered capital of RMB 5 billion, it is one of the largest business aircraft leasing company in Asia. Armed with industry experience and expertise, it operates a 300-strong fleet and dominates 90% of China’s aircraft lending market.