China Business Jets Market Growth & Opportunities

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Category: Business and Industry

Date Submitted: 01/08/2015 03:34 AM

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The global business jets sales, which fell sharply during the financial crisis is now witnessing slow recovery and is expected to account for USD 250 billion in sales in the period 2013-2023. In Asia, the total number of business jets has grown about 12% per annum over the last five years, from which large-cabin, long-range jets accounted for 77% of the total sales.

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In the Asian region, China is now a key market for business jets. The Greater China area is expected to take delivery of 2,420 business jets in the period 2013 to 2032. The rising number of wealthy in China coupled with continued government support is driving the market.

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The report ¬タワGrowth & Opportunities in the China Business Jets Market¬タン highlights key drivers of and trends emerging in the global business jet market. The current market scenario and future prospects of the sector has been examined in detail. The report contains latest industry leaders verbatim.

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