Chinese tycoons are getting a taste for private jets

05/27/2011 | Wall Street Journal, The

Private-jet companies are looking to sell multimillion-dollar aircraft to China's richest and most powerful people. There's plenty of money in the Chinese economy, officials say, and many customers can pay cash for their own airplanes. "The potential for long-term growth in China is huge," says Charles Edelstenne, CEO of Dassault Aviation.

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