Flying solo: Corporate jet ownership snags
If you own a corporate jet in Hong Kong or China be mindful of these operational issues.
The Asian corporate jet market continues to expand. In August, Metrojet took delivery of a Gulfstream G550 in Hong Kong, while Execujet opened new facilities in Singapore and launched in Beijing. In the US, despite a decline in charter demand in 2008, CessnaÆs second quarter business jet sales were up by 21% with an increase in deliveries expected next year and the development of very light jets continuing apace.
Contrary to the US, China and indeed Asia is...
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