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China private jet buyers now look for utility over opulence

Until recently mainland Chinese buyers have favoured larger cabin jets, even including retrofitted versions of the Airbus A320 and Boeing 737 that can cost up to US$90 million at list prices and another US$10-15 million for fitting. Now there is more interest in smaller aircraft.


MAKERS of private jets for China's elite are shifting their focus from luxury to convenience, as a cooling economy and long-running crackdown on corruption prompt customers to demand smaller planes and even consider second-hand deals.

Utility is the watchword, say industry...

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