The New China Jet Set - Private Business and Personal Jets Soon Available to Chinese

The New China Jet Set - Private Business and Personal Jets Soon Available to Chinese

After reading China's Five-Year Aviation Plan it should be obvious to anyone looking that general aviation will be an industry that China will gain a strong foothold in the future. China will be building light aircraft, corporate Jets, airliners, and it will continue to build military aircraft and helicopters. Soon, wealthy Chinese will be able to fly their personal aircraft or corporate aircraft throughout the country, and to neighboring nations to do trade deals.

Since most of the general aviation aircraft are produced in the United States, and those aircraft which are the best performing and safest, it will be a good next decade for those aircraft manufacturers. However, after that we can expect that China will take over the industry worldwide, and they will be buying up general aviation manufacturing companies, or partnering up with them as they build facilities in China.

Now then, it is true that China is having a challenge with producing the amount of electricity and energy needed to run these factories, and aircraft are considered light manufacturing, and therefore use quite a bit of energy. But I imagine China will eventually be over its drought, and those hydroelectric power plants will once again be turning at optimum, and that China will continue to build more coal-fired energy generation plants to solve that problem.

There was a very interesting article in Forbes [dot] com recently titled "Private Jet Sales in China Cleared for Take-Off" by Kelvin Chan published on May 25, 2011 - Also in Associated Press. The article stated

"Authorities are gradually loosening restrictions on airspace and easing bureaucratic formalities that still pose hurdles for luxury fliers. A decade ago, there were essentially no private jets in China and only a handful in Hong Kong. At the end of April this year, there were 90 registered in China and 10 of those - worth about $500 million in total - were delivered since the start of January."

There will surely be fractional jet aviation companies based in China and partnered with US companies as foreign subsidiaries. China could purchase more general aviation aircraft in the next decade than has been purchased in the United States in the last 20 years. That is a significant boon for general aviation worldwide. The question is will the United States be able to compete due to the labor costs available in China as they begin selling aircraft globally.

One has to wonder if China will also take this industry away from the United States, or take a significant chunk making it less than viable here at home. Indeed I hope you will please consider all this and think on it.