Airbus Sees Asia as Important Bizjet Market

 - April 30, 2010, 6:45 AM

Airbus forecasts a market for about five large business jets a year in the Asia-Pacific region, the majority of them in mainland China. According to Airbus, China’s gross domestic product is expected to grow at more than 8 percent a year, meaning “there is an important and expanding market for corporate jets in the country, as well as throughout the region.” There are currently about 150 large business jets already operating in this region.