The buzzwords for Chinese millionaires: do you buy a private jet?
With the increase of millionaires, the market size of China’s private jet has risen perpendicularly, and privatejet is becoming as the transportation of business travel from a luxury for millionaires. Perhaps in the near future, millionaires will greet each other like this: “hi, do you buy a private jet?”
China will become the largest country of privatejet in the world.
“Even there is no market of private jet in China two years ago, but in the next decade the market size will increase 20% to 25% above each year. In addition, China will overtake the U.S. as the largest country of private jet in the world within ten years.” MichaelWalsh of “Asian jet” CEO, the largest private jet seller in Asian region, has said so.
This is not a prophecy like mirage.
In 1995, Hainan Airlines purchased the first LJ 55airplane from the Bombardier, which made the market of China’s business aviation have a zero breakthrough.During the past ten years, the development of business jet in China was quite “dead”. Now, it revived. In recent years, the orders of enterprises in the mainland of China obtained by the business jet manufacturers are even more than the sum of the previous ten years. And the business jet is just a branch of private jet, which belongs to a high-end variety.
With the increase of millionaires, the market size of China’s private jet has risen perpendicularly, and private jet is becoming as the transportation of business travel from a luxury for millionaires.
A more typical example is from the famous Chinese actor Zhao Benshan.
Zhao Benshan purchased the first business jet“BENMOUNTAIN” at the cost of more than 200 million Yuan, and it soon came in handy. On June 30, Zhao Benshan as well as his apprentices including Xiao Shenyang and other people went to Taiwan by the private jet “BENMOUNTAIN” to do the propaganda forlocal opera song-and-dance duet “Laugh in Taiwan” of Liu Laogen stage held at the Sun Yat-Sen Memorial Hall on July 3.
The private aircraft from Zhao Benshan was the Challenger 850 business jet produced by the Bombardier, and it has just arrived in Shenyang for deliver at the end of March this year.
People from Bombardier told the morning paper reporter that the Challenger aircraft from Bombardier bought by Zhao Benshan cost 200 million with 17 seats,and there was bar, gym, bedroom, fax, satellite phone, computer, and other office equipment in the aircraft; the fastest speed was 850 km/h, and filling up can fly seven hours with the highest range 12,496 meters and the most distant range 5430 kilometers.
With the sustained and stable development of China’s economy and the open of air traffic control gradually to low altitude and private flying, the industry forecasts that the mainland of China will become the fastest development region of business aviation market in the world in the next 10 years.
This article is originally from www.cecoonline.com in Chinese.
United States launches Golden Key Plan