Private-jet market in Asia poses an opportunity

06/16/2010 | Asia Times

A conference of the Asian Business Aviation Association led many attendees to conclude that the region's private-jet market is poised for growth. There are about 600 business jets in the Asian-Pacific region, with fewer than 100 in China, said David Velupillai, Airbus' director of corporate-jet marketing. The U.S. has 11,000 corporate jets, and Brazil has 1,000. "Asia is not a market; it's 20 markets," said Asian Business Aviation Association Chairman Chuck Woods.

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