First Gulfstream G650ER business jet registered at Free Trade Port on Hainan Island, China

The first business jet (Gulfstream G650ER) was met at Haikou Meilan International Airport because this business jet was presented by Golden Deer Business, a subsidiary of HNA Group, and it was this aircraft that completed the registration of the first business jet at the Free Trade Port of Jiangdong New Zone , setting a precedent for the registration of foreign aircraft in a free trade port.


Since the release of the Hainan Free Trade Port General Plan, the new Haikou Jiangdong area has used favorable free trade port policies to actively involve business jet companies in the development, including business jet company operations. business jet maintenance business, construction of an official Aircraft Delivery Center, storage of business jets, financial leasing of business jets, etc.


With the implementation of appropriate policies and accelerated construction, Hainan will become the most accessible province for the acquisition of business jets in mainland China. A number of preferential policies such as aircraft import tariffs, import value added tax and The consumption tax will go a long way towards increasing the number of domestically registered aircraft, which will help attract domestic business jet owners registered overseas. Owners can enjoy tax exemption and tax avoidance. Numerous restrictions imposed on aircraft registered abroad for domestic flights have once again demonstrated the value of business jets, and the exemption from import duties on aircraft components will also significantly reduce the maintenance costs of business jet owners.


Since the Haikou Jiangdong New Region Administration signed a contract with Golden Deer on October 13, 2020, the series of projects has been completed in just two months. Deer Jet was incorporated in Hainan on October 30 and began developing the business jet market in Hainan, becoming the first business jet operator to do specific business in Hainan since the release of the Hainan Free Trade Port General Plan. On November 5, a Gulfstream business jet arrived at the Golden Deer Hainan Business Jet Maintenance Base and successfully passed a regular high level inspection (6C). This is the first regular inspection and maintenance by the first business jet maintenance base in Hainan. There is a gap in the regular inspection and maintenance of Hainan business jets. The introduction of the first registered business jet demonstrates the latest development achievements business jet industry in Hainan.


In the future, Jiangdong New Area will strive to build a complete business jet production chain and a gathering place for the business aviation industry to continually improve the attractiveness of investments, as well as collaborate with enterprises to create a series of business aviation services. storage, maintenance, asset trading and management; and professional training and, finally, the creation of business jets.


The world's leading business aviation ecosystem that brings together AOC (business jet maintenance operator), MRO (business jet maintenance operator), FBO (fixed base business jet operator) and a trading services platform.


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