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First private jet store opens in China

(Chinadaily.com.cn)

16:38, March 19, 2012

China's first private jet service, spares and sales and survey store opened in Zhuhai, Guangdong province last week and has already sold 14 planes since opening, Beijing Morning Post reports.

The 4S store mainly sells Cirrus S22 and S20 planes with a price tag of around 5 million yuan ($790,000) and 3 million yuan respectively.

The company also plans to open 40 private plane 4S stores in other cities in China as well as help customers escrow 30 planes. It is estimated 10 planes would be mandated with the company by the end of this year.

The low-altitude airspace management reform has been piloted in Guangdong and Hubei provinces and Guangxi Zhuang autonomous region already, according to National Air Traffic Control Committee. But the time for opening low level flying in Zhuhai is unclear.

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