By the end of 2011, China is expected to have around 300 business jets. According to the China Daily newspaper, Luxury Asia Ltd. sold 15 business aircraft to locations in China during 2009, and is on track to sell 20 in 2010.
Show News has done some research as well, and thinks China already has around 100 aircraft including Airbus A318 Elites and the first Chinese-registered BBJ.
“The recent revelation by China’s Deer Jet (a subsidiary of Hainan Aviation Group) that it will be adding a 29-seat Airbus ACJ and a BBJ to its fleet of 23 business jets, and expanding to a 35-ship fleet by year end, is significant…Add to this list the 12 long-range business jets ordered by MinSheng Financial Leasing Co. Ltd (of Beijing) last year and its latest revelation that it will acquire another 13 aircraft this year, and then that ‘300 by 2011′ wouldn’t seem impossible.”
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