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Refurbs and rental planes in vogue in China

Trend reflects how the country's business elite are increasingly shunning flashy signs of wealth amid slower economic growth

Mon, Apr 17, 2017 - 5:50 AM

Shanghai

CHINA'S rich are foregoing fancy new private jets in favour of second-hand planes or rentals, reflecting how the country's business elite are increasingly shunning flashy signs of wealth amid slower economic growth.

Planemakers such as Embraer and Bombardier are shifting...

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