The BAA Aviation Flight Support will be investing $8-million in a new...
Private jet store opens in Beijing
Private jet stores are opening all over China. However, industry insiders say that doesn’t exactly mean that the market is set to mature.
Currently, low-altitude airspace is still restricted in China. In terms of infrastructure, departure and arrival facilities for private jets are still under developed. Furthermore, private jet prices are still high—restricting general access to them.
Private jet buyers need an independent license from an aviation company in order to manage the aircraft.
For commercial flights, the Civil Aviation Administration implements strict requirements. For non-commercial flights, pilots need to submit detailed flight plans—which will be approved by the administration.
On a positive note, Beijing’s private jet aircraft store attracted lots of interest. In fact, the store received three orders during its first three days of business.
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