Business jets have nowhere to go but up

According to a report by Beijing Youth Daily on the Asian Business Aviation Conference and Exhibition (ABACE) taking place in Shanghai, the market for business jets may reach 60 billion yuan (US$7.4 billion) in ten years. Robert Hollander, chief of sales for Cessna's Asia division, quoted this figure despite the current state of the Chinese market. There are only 42 business jets in China at present, and leaving off those used for training and other specialized tasks, the total number engaged in business charter flights is only 13." Of these thirteen, only two are owned by private companies; the rest belong to the various national airlines.

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