Dubai-based UAS International Trip Support said this week at ABACE 2014 that it is enhancing its aircraft handling services to bridge a trip-support gap between China and Africa. UAS already has a strong presence in China, handling 25 to 50 operations per day into and out of the country. It plans to open a regional office in China next year in response to the strengthening economic ties between what are said to be the two fastest growing business jet markets, China and Africa, the latter linked primarily to the growth of business aviation activity in Nigeria.
As the U.S. expressed “concern” on Tuesday over the devaluation of China’s currency, making its exports cheaper but reducing the buying power of Chinese consumers, Chinese airlines continued to feel the pain of a weaker yuan as the value of their foreign debt rose with the relative strengthening of the U.S. dollar. China Southern Airlines, for one, on Tuesday issued a profit warning report estimating a first-quarter net loss resulting from negative foreign exchange fluctuations.
AgustaWestland and Sino-US Intercontinental of China celebrated the grand opening of a joint regional business headquarters in Shanghai on April 9. In September, Sino-US Intercontinental was appointed an official non-exclusive distributor for AgustaWestland civil helicopters in China, but not including Hong Kong and Macau. Sino-US Intercontinental Helicopter Investment is part of Shanghai Zenisun Investment Group, a real estate and general aviation company that has been selling and operating helicopters in China since 2006.
“Yuan Fang, what do you think?” goes the catchphrase from China’s TV equivalent to detective Sherlock Holmes. The amazing sleuth Di Renjie depends on his assistant Yuan Fang for sound counsel, as he never knows the answer himself.
It’s not a bad way to approach what is happening the business aviation market in the greater China region today. The sector remains temptingly elusive for the big manufacturers, and has yet to deliver the huge prizes promised a few short years ago.
Earlier this month Japan released some details about the growth of incursions by Chinese aircraft into Japanese airspace. The release of information comes after China unilaterally declared the establishment of its East China Sea ADIZ (air defense identification zone) last November. The figures show a significant rise in the number of interceptions being launched by the JASDF (Japan air self-defence force) against Chinese intruders.
“Yuan Fang, what do you think?” goes the catchphrase from Chinese TV’s equivalent to Sherlock Holmes. Amazing sleuth Di Renjie depends on his assistant, Yuan Fang, for sound counsel, since he never knows the answer himself.
It’s an apt way to approach what is happening in the business aviation market in the greater China region today. The sector remains elusive for the big manufacturers and has yet to deliver the huge prizes promised a few short years ago.
The defense industries of the People’s Republic of China (PRC) are looking to expand their export market share beyond their traditional customer base–and for the first time are challenging some of the world-leading U.S., European and Russian firms.
Buoyed by the recent win of Turkey’s long-range aerial and missile defense system (T-Loramids) tender, China’s radar and defense electronics industry is pushing to enter more markets outside its traditional customer base. These include nations in Latin America–such as Peru, Brazil, Argentina and Chile–as well as some of the former Soviet republics.
Jeff Bonner Research & Development, a San Antonio-based aircraft cabin component developer and subassembly fabricator, has read the tea leaves for the Asian market and responded with a high-tech version of the ancient game of mahjong for installation in private jets.
The business jet fleet will continue to expand in mainland China, just not at the breakneck levels seen last year, according to a First-half 2013 Greater China Fleet Report from Hong Kong-based business aviation consulting firm Asian Sky Group (ASG). It now predicts that the Chinese fleet of new and used business jets will grow by 18 percent this year, versus 40 percent last year.
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