New Business Jet Company For China

At a recent press conference in Dalian Hanhua Business Jet Company announced that it had had its establishment approved by the Northeast Regional Administration of CAAC.

Hanhua is the first business jet service provider in Dalian and it has already started preparatory work, with the aim of being operational around Spring Festival in 2012.

Initially Hanhua will purchase two business jets and it plans to buy more in the future, as well as setting up several business jet bases.

Statistics show that currently there are only about 100 business jets in China. However Bombardier Inc. forecasts that by 2018 there will be around 370 business jet aircraft in service in China.