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Jet Company Receives License to Operate in Qianhai

Jet Company Receives License to Operate in QianhaiYifeng Business Jet Co. became the first business jet company to launch in Qianhai after receiving its operating license last week. The company provides aviation services ranging from shared jet ownerships, chartered flights and medical air rescues for people living in the Pearl River Delta. The company will also provide consultation for those interested in buying private jets.

Chartered flights cost around 60,000 yuan per hour an increase from the initial price of 40,000 yuan. A flight from Shenzhen to Beijing takes three hours or cost around 150,000 yuan and each private jet can carry up to 12 passengers. Each chartered flight will take three days to acquire the necessary approval before flight. The company base of operations will be at the Shenzhen International Airport.

As of the moment there are fifteen companies that offer these kind of services in China with two of them are operating in Shenzhen. Research has also shown that 15 percent of the private jets in China are bought and owned by business people living in the Pearl River Delta.



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