China To Surpass U.S. in BizAv Sales

China’s business jet market will eclipse sales in the United States, in pure dollar terms, in the next 10 years or so. That’s the prediction of Jason Liao, chairman and CEO of China Business Aviation Group (CBA) and one of the most experienced insiders in China’s business aviation scene. Overall commercial aviation growth year-on-year in China stands at 18%, or twice the annual rate of GDP growth – a ...