Global Travel Industry News predicts the Chinese business jet market is about to take off. Both Airbus and Boeing had recent press conferences where each company expects to sell 5 business jets per year in China. Bombardier also chimed in with projections of total China business jet sales of over 600 units.
From the article:
“This year Boeing is expected to deliver 3 business jets, mainly to VIP charters such as Hainan Airlines, and Air China. Up to now Boeing has sold 195 business jets worldwide. Although only with 8 Boeing jets, China is among the fastest growing regions…Comparatively, Airbus’s business jet marketing in China is much quicker. Among its 170 sets of business jets sold worldwide, China owned 20. This year Airbus has already sold 2 jets to China, to be delivered to DeerJet and Southern Airlines. Last year, Airbus sold 15 business jets worldwide, China took 15%.”