China’s private-jet market finding level flight path after sell-offs: source

An exodus of private business jets from China since the days of Covid-19 appears to be stabilising this year amid a potential shift in demand across industries, suggesting that sales by cash-strapped owners of the multimillion-dollar assets have largely run their course, according to an aviation-services firm. While a few deliveries of new business jets in China are currently “pending”, very few were made last year, said Alud Davies, director of business operations and analytics at Hong...

By Ralph Jennings