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Private jet market catches up in China
By AMY CHEUNG
Published: November 03, 2006 12:00 AM
China’s high economic growth is bolstering luxury consumption by creating higher disposable incomes for more people. From watches and jewelry to fashion and cars, luxury items are flooding the Chinese market. The market for private jets is heating heats up with new aviation regulations and competitive prices compared to a luxury auto. This also ushers in pilot training school that eyes the commercial opportunities arise from human resources shortage.
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