Enter the Dragon: China Dominates at NBAA 2011
China seems to be the golden land–the new Wild East set to save the market from oblivion. Several China consultants held press conferences during the show.
China Business Aviation CEO Jason Liao predicts that 1,000 business jets will grace Chinese skies in 10 years.
China Business Aviation CEO Jason Liao predicts that 1,000 business jets will grace Chinese skies in 10 years.

User fees, depreciation schedules, and instability in world financial markets have called for some tough talking at NBAA 2011. One country, however, seems to be promising great rewards for those who dare enter. China seems to be the golden land–the new Wild East set to save the market from oblivion.

Several consultants held press conferences during the show, highlighting incredible opportunities in China. Jason Liao, CEO of China Business Aviation Group said he foresaw a market for at least 1,000 jets over the next decade. Francis Chao of the China Civil Aviation Report and Zhao Quijiang, president of Beijing Capital Group pointed to the rapid growth of the installed fleet over the last three years. They cited figures of 28 jets  in 2008, 46 in 2009 and more than 90 today.

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