Audit committee established, monthly reporting in place, and fleet utilisation up year on year.
Twelve months after acquiring a 35% interest in a Hong Kong business aviation operator, the governance work agreed at completion is complete: an audit committee chaired by Sailor Capital, a monthly reporting pack aligned with group standards, and an independent auditor appointed for the current financial year.
Operationally the business has had a solid year, with fleet utilisation ahead of the prior period and charter demand from Greater China corporate clients holding firm through the summer.
Our role remains deliberately limited to governance and capital. Commercial and flight operations stay entirely with the founding management team, which is precisely why we invested.