Though business aviation is still young in China, the country has been quick to make clear its intention not just to be a consumer of imported business aircraft, but to be active as a manufacturer of them too. So far, partnerships with foreign airframers have been the main path to this goal, but now China’s Avic group has started work on its own design for what it calls the China New Generation Business Jet.
Beijing-based Deer Jet launched the first fractional aircraft program in China today in Shanghai at ABACE 2013. Deer Jet, which has 30 business jets spanning 13 types in its charter and management fleet, is currently selling shares in a Gulfstream G450 and G550, the latter of which it has on static display this week at the show.
The Deer Jet “Time Share” program is customized for the Chinese market and is targeted to customers who fly between 100 and 300 hours per year. There are two distinct products under Time Share: fractional aircraft shares and block charter.
The China Corporate Jet Alliance, founded last year at ABACE as the “China Business Jet Shanghai Alliance” to promote the sustainable growth of the business aviation market in China, inducted four new members today at ABACE 2013.
While already known as Asia’s biggest business jet leasing firm, Minsheng Financial Leasing (MSFL) quietly launched its own aircraft operating unit today at ABACE. The company recently purchased Beijing-based charter provider Citic General Aviation, which operated a small fleet consisting of a Dassault Falcon 900DX, 2000 and 7X, and is in the process of rebranding it into a new subsidiary known as Minsheng International Jet.
For all the excitement that business aviation is stirring up among Chinese high-net-worth individuals, there are two groups of products that they do not seem ready to embrace: light jets and pre-owned aircraft. For now, the market remains resolutely focused on larger, long-range jets and brand-new models ordered straight from the factory.
Embraer has taken an order for a Lineage 1000 bizliner for a customer in China, the aircraft manufacturer announced today at ABACE. “We can’t reveal the customer’s name,” said Embraer Executive Jets president Ernest Edwards, “but I can tell you that we’re absolutely delighted to have this company honor us with the order.” The aircraft will be delivered in the first half of this year. Embraer also announced appointment of Hawker Pacific Singapore as an Embraer authorized service center.
Embraer announced yesterday at ABACE 2013 that it has taken an order for a Lineage 1000 large-cabin business jet for a customer in China. “We can’t reveal the customer’s name,” said Ernest Edwards, president of Embraer Executive Jets, “but I can tell you that we’re absolutely delighted to have this company honor us with the order.” The aircraft will be delivered in the first half of this year.
Airbus Corporate Jets (Chalet 290), the VIP aircraft sales division of Airbus, sees big opportunities for executive transport in the China market and throughout the Asia Pacific region. Here at ABACE 2013 it is highlighting the big-cabin solutions it offers with its family of VIP airliners.
Cessna Aircraft (Chalet 190) announced here at ABACE 2013 yesterday that sales are up 50 percent in China from 2011 through 2012, and up in Asia Pacific overall. Meanwhile, the company is making rapid progress with its efforts to operate in China through joint ventures formed with China Aviation Industry General Aircraft Co. (CAIGA) in Shijiazhuang and Zhuhai. The joint venture with CAIGA involves building Cessna 208 Grand Caravan EXs (Shijiazhuang) and Cessna Citation XLS+ business jets (Zhuhai) for the Chinese market.
Zurich-based Jet Aviation’s Hong Kong facility recently received approval from the U.S. Federal Aviation Administration to provide maintenance for Gulfstream’s new flagship, the ultra-long-range G650, the aviation service provider (Booth P1216) announced here at ABACE.