The impressive sales of a south China private jet dealer just four days into the company's existence have reaffirmed the growing appetite of the country's super-rich for luxury air travel despite strict government restrictions in the sector.
Zhuhai Cirrus General Aviation Co. Ltd. (Zhuhai BAC) has sold 14 aircraft since opening for business on Friday.
The models sold were U.S.-made lightweight Cirrus SR20s and SR22s, priced nearly 3 million yuan (480,000 U.S. dollars) and 5 million yuan respectively, Chen Shaochang, general manager of the firm, said.
The dealer in the city of Zhuhai, Guangdong province is the country's first fixed-base operator (FBO) that provides aeronautical services such as fueling, hangaring and aircraft maintenance.
Chen said the company -- promoted under the slogan "Flying is a lifestyle" -- is targeting building up 40 FBO stores across the country, but particularly in the northeastern region.
China's private jet owners haven't really been able to enjoy the thrill of flying, as every private flight requires a lengthy approval procedure under strict regulations. And it remains inconvenient for the super-rich to fuel, park or repair their new toys as the jet services sector is still in its infancy.
However, authorities have promised to open otherwise tightly controlled low-altitude airspace below 1,000 meters, in several cities and regions on a trial basis this year to boost the aviation industry.
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.
China's first private plane 4S shop opens in Zhuhai, south China's Guangdong Province.
The impressive sales of a south China private jet dealer just four days into the company's existence have reaffirmed the growing appetite of the country's super-rich for luxury air travel despite strict government restrictions in the sector.Zhuhai Cirrus General Aviation Co. Ltd. (Zhuhai BAC) has sold 14 aircraft since opening for business on Friday.
The models sold were U.S.-made lightweight Cirrus SR20s and SR22s, priced nearly 3 million yuan (480,000 U.S. dollars) and 5 million yuan respectively, Chen Shaochang, general manager of the firm, said.
The dealer in the city of Zhuhai, Guangdong province is the country's first fixed-base operator (FBO) that provides aeronautical services such as fueling, hangaring and aircraft maintenance.
Chen said the company -- promoted under the slogan "Flying is a lifestyle" -- is targeting building up 40 FBO stores across the country, but particularly in the northeastern region.
China's private jet owners haven't really been able to enjoy the thrill of flying, as every private flight requires a lengthy approval procedure under strict regulations. And it remains inconvenient for the super-rich to fuel, park or repair their new toys as the jet services sector is still in its infancy.
However, authorities have promised to open otherwise tightly controlled low-altitude airspace below 1,000 meters, in several cities and regions on a trial basis this year to boost the aviation industry.
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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