Business aviation fair to tap rising demand
Print Edition
AROUND 170 of the world’s top business aircraft makers and operators will participate in a major aviation event in Shanghai as they aim to tap the soaring demand among Chinese for business and private jets.
Manufacturers, including Airbus, Boeing and Canada’s Bombardier, will display 35 planes at the 2017 Asian Business Aviation Conference and Exhibition, which opens today at the Hongqiao International Airport.
“We’re seeing China’s business jet market evolve, and it’s expanding to various types of aircraft and operations,” said Ed Bolen, president and CEO of the US National Business Aviation Association, which organizes the annual event with the Shanghai Airport Authority.
China has become the world’s major business jet market, Brazilian manufacturer Embraer said at a preview of the exhibition yesterday.
Shanghai’s two airports handled 6,136 business jets last year, up 10 percent from 2015, according to the airport authority.
To meet rising demand, the airport authority will expand its Hongqiao facilities to serve the business aviation market. A new second-phase hangar is likely to open in April 2018, said Lu Xun, deputy general manager of Shanghai Hawker Pacific Aviation Service Center.
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