China Business Jet Market
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The main concern expressed by financiers and lessors with regard to the aircraft finance market in china is that there is no publicly recognised experience of repossession in china in the scheduled passenger market let alone in the business jet market.
China business jet market. China s private jet market faces a protracted lull as the economy continues to slow down salesmen and aviation lawyers said at forum in beijing this week predicting the country s uber rich will. The growth in business aviation in southeast asian countries such as china due to the flexibility and comfort on offer has been the primary growth driver for the market. The asia pacific business jet market is anticipated to register a cagr of over 2 5 during the forecast period 2020 2025.
Then among these aircrafts there were 163 private jets owned by 113 chinese billionaires which increased by 34 private jets from the year before. 13 6 3 1 introduction of cbj business jets by comac is driving the business jets market in china table 124 china business jets market size by aircraft type 2017 2019 usd million table 125 china business jets market size by aircraft type 2020 2030 usd million.
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