Date: 09 / 04 / 2016 Author: Worldcargo
A recent slowdown in growth in China's business jet industry will not affect the long-term prospects of the sector, a report said.
According to the China Business Aviation Special Report 2016 jointly released by Hurun Report and Minsheng Financial Leasing, at least 1,420 rich Chinese people have the potential to buy 1,750 business jets, which are worth more than $52 billion.
More than 9,000 superrich people in China have the potential to charter a plane, with the estimated flying time reaching 205,000 hours per year.
In the next five years, a total of 1,850 people are expected to buy 2,320 business jets, which will be valued at $71 billion in total.
There is still much room of growth if compared with mature Western markets. Business started to pick up especially in the first quarter of 2016.
Besides efficiency, independency and privacy, "face" has become a key reason for buying business jets. According to Rupert Hoogewerf, founder and chief researcher of Hurun Report, business jets buyers always find it easier to seek partners when people recognize their wealth with the possession of a plane.
But there are also various reasons for not to buy a business jet. The complicated procedure of applying for routes and parking is the biggest obstacle when owning a plane. Other reasons such as high maintenance costs and being too high-profile have also had an impact on purchases.
We are a cargo and shipping service company Providing fast, efficient and affordable door to door cargo...
"I want to thank you for your excellent service in document handling and notification. We have nothing but good things to say about your performance. Thanks for all your help."
"Your company did an awesome job getting my shipments cleared so quickly. You are the absolute best. Please keep up the great work."
"Personalized service, reliable service, long term relationship, worldwide expertise."
"Worldcargo offers exceptional customer service & competitive prices. They were recommend by our customers. Over three years working with them , we have established a high degree of trust in them. We know that when we book our freight needs with them we will get first class treatment. Utilizing their area of expertise allows us to focus our time and energy on our own clients – the way it should be."
"We have been in touch with your staff and they are just wonderful! We knew They worked very hard to track down my shipment each time . I am amazed by the outstanding customer service. We will never forget this"
"We highly recommend the use of worldcargo for all of your import business.. We have been contracting Worldcargo as our only china agent for the past five years, Worldcargo has a very knowledgeable and helpful staff who is willing to provide the finest services."
Enjoy our complimentary support via Email , Call, Skype, any time, any day, 365 days a year.+
Worldcargo has contracts with more than 200 airlines & shipping line. By using our servise, you get the same access to these contracts. and down the rates. We can combine volumetric and dense shipments from customers which leads to competitive rates for you. Guaranteeing you the best possible rates.+
Full inland haulage coverage in China , We also offer pickup, warehousing, labeling and documentation services. At destination we can offer deliver DAP and charges collect. For import shipments, we can handle purchase order follow up on your behalf. You can outsource your entire operation to Worldcargo.+
Worldcargo maintains hundreds of weekly scheduled consolidations offerings very competitive rates and access to space while providing unparalleled service. Our services are a dynamic solution for freight of all size. We delivers world class service between any points in the world.+