Palo Alto, Calif. consulting group Frost & Sullivan predicts that China is Asia’s greatest potential source of new fractional owners and that the Chinese government is prepared to clear regulatory and operational hurdles to business aviation growth. Nonetheless, according to Frost & Sullivan, it will be several more years before fractional ownership providers establish permanent operations in China. The company expects the 2008 Olympic Games in Beijing to be a significant catalyst for market growth.
China Could Be Next Big Market for Frax
- September 25, 2006, 6:57 AM