The U.S. still operates about 80 percent of the world's business jets but if recent trends continue, that dominance will end. At a conference in Shannon, Ireland, last week, delegates to the Financial Solutions for Business Aircraft event were told that the business jet market has shifted considerably in the last five years, with 72 percent of business jets going to U.S. customers in 2006 and just 42 percent in 2010. The so-called BRIC countries (Brazil, Russia, India and China) are taking up much of the slack and European sales have also been strong. But like virtually every other economic forecaster, guest speaker Oliver Stone, of Colibri Aircraft, said China is the country to watch in terms of business aviation expansion.
This is a companion discussion topic for the original entry at https://www.avweb.com/news/china-poised-for-explosive-bizjet-growth