# ONE Aviation gets CFIUS clearance for acquisition by Citiking International

ONE Aviation received approval from the Committee on Foreign Investment in the United States for its acquisition by Chinese-backed investment company Citiking International, which will assume 100% ownership of the aircraft manufacturer as part of ONE Aviation's plan to exit Chapter 11 bankruptcy.

- Type: Acquisition
- Announced: 2020-03-11
- Where: Albuquerque, New Mexico, United States
- Status: announced
- Products: Eclipse EA500 jet, EA550 jet, EA700 Canada jet, Kestrel turboprop
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [ONE Aviation](https://endata.com/companies/45866.md) (target)
- [Citiking International](https://endata.com/companies/45867.md) (acquirer)

## Sources

- [avweb.com](https://avweb.com/aviation-news/one-aviation-obtains-clearance-for-acquisition/), 2020-03-11: "The ownership change is part of ONE Aviation’s plan to exit Chapter 11 bankruptcy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.