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| The private jet of Jackie Chan, adorned with two dragon-shaped patterns on the body, has been designed exclusively for the Hong Kong star by Embraer, a Brazilian aerospace conglomerate that produces commercial, military, and executive aircraft. It has a market value of 200 million yuan ($31.7 million).(CNS Photo) |
China is already the largest source of Dassault Falcon's new orders, said Rosanvallon.
The company delivered its first aircraft in China in 2006, and Rosanvallon said he expects the country's rapid expansion to continue for at least the next 20 years.
Another international name expanding its presence in the country is Bombardier Inc, the world's largest business jet manufacture by market share, which is now forecasting that 2,420 business aircraft will be delivered in China from 2012 to 2031, as the country's wealth continues to grow.
Han Zhiyu, regional vice-president of Bombardier China's business aircraft division, said: "We are confident China's market will continue to grow. Products are already in short supply right now."
Bombardier had delivered 87 business aircraft in China by the end of November, and Chinese consumers have to wait for more than two years for the delivery of one of its Global Express aircraft, Han said.
According to a recent report on the global jet market over the last 21 years, published by the system supplier Honeywell (China) Co Ltd, competition in China's aircraft manufacturing industry is going to get a lot tougher.
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