China’s private-jet market finding level flight path after sell-offs: source (opens in new tab)

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...