China's biz jet-setters: no longer flying under the radar

[Gerald A]

(Reuters) - Flanked by an entourage of assistants and advisors, Chinese mining tycoon Lian Guangming flitted from one luxury jet to another at the Asian Aerospace Expo in Hong Kong.

"Not bad," said Lian, from Inner Mongolia as he emerged from the plush, leather and wood panelled interior of a $55 million Bombardier Lear Jet 60XR earlier this week.

"If I like something, I'll buy it."

With the aviation industry now booming in the world's second largest economy, China's passengers are expected to account for around a quarter of the world's 800 million new travellers by 2014. Dozens of new airports under construction, and the executive jet market is expected to ride the crest of this wave.

Source http://www.reuters.com/article/2011/...0?pageNumber=1