More executives are using private jets for travel
Hong Kong based private jet seller Avion Pacific Ltd., confirms that there are ten rich people living in Shenzhen purchased their owned private jets. Established in 1993 the company have sold 60 private jets in the mainland, with ten of them from Shenzhen.
Prices of private jets is between 4 million yuan up to 150 million yuan depending on how big and on how to customized the owner wants it to be. The company is also expecting for sales on private jets to become a booming market since the Central Government and its military have already opened low altitude air space. Strict restrictions on aviation limited the number of private jets in China. Once these conditions change, private jets will be a choice of travel by Chinese executives.
Unlike the United States which have 230,000 general aviation aircraft, China only has 1,000 making it a great market for private jets. Avion Pacific doesn’t limit itself in selling only private jets. They are also the sales representative for Hawker and Beechcraft in China, the exclusive sales representative for Sikorsky Aircraft Corp., the agent for SHI and distributors of MD Helicopters Inc.
A spokesperson from the Shenzhen airport the demand for private business flights have increased in the past years.