1951.

Youziqi, the 79-year-old chairman of FeiAn, founded FeiAn in 1951 and is the company’s largest shareholder. Flight Safety is the largest non-airline, non-government-operated aviation training center in the world, with almost no competitors in this field. In 1996, Berkshire decided to acquire the entire international aviation safety company for US$1.5 billion in stock and cash.