The demand for private business jets in China is sending a sonic boom through the aviation industry and reshaping China's airspace.
Until as recently as 10 years ago, a personal jet was little more than a dream for even the richest mainland Chinese.
Apart from anything else, the government has only allowed individuals to own and fly private aircraft since 2003.
But now, a shiny, personal fly-about is the new business card of the elite, touted abroad by established entrepreneurs such as Zhang Yue (张跃) and such influential celebrities as Jackie Chan (成龙).
In less than a decade, the number of mainland-registered business jets has rocketed from zero to more than 130. Read More
Posted by
Master
on Wednesday, April 18, 2012
Labels:
FINANCIAL EVENTS
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