(Shenzhen August 14, 2015) – SkyMax Asia is proud to announce that the Civil Aviation Authority of China (CAAC) has approved the AOC Preliminary License Application of our Chinese company, HaiXiang Aviation China Ltd 海翔公务航空有限公司 (HaiXiang Air). This is a major milestone achievement for our aviation project and the validation of our comprehensive technical application covering Executive Jets, Regional Turboprops, and Seaplanes.

Our Chinese company HaiXiang Air will operate under two trade names, Waterfront Air for seaplanes and Fortune Air for Executive Jets and Regional Turboprop Charters. Our Hong Kong company, SkyMax Services Asia, is the exclusive provider of all general services for HaiXiang including ticketing, ground handling, aircraft sales, and maintenance.

As HaiXiang Air progresses toward final operational approval, there exists limited opportunities for further equity investment. If you or someone you know wishes to be considered, please send us a note. A comprehensive Information Memorandum is available under NDA.