China loses private jets as other Asian growth spots emerge; Singapore and India among front runners now


SINGAPORE (Reuters): A sharp fall in the number of private jets based in China in recent years shows the impact a weakening domestic economy, anti-corruption drives and the pandemic have had on the country's wealthiest, according to business aviation industry data and experts.

At the end of last year there were a third fewer private jets based in mainland China, Hong Kong and Macau than the 2017 peak of 481 planes, according to data from business aviation consultancy and broker Asian Sky Group.

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Private Jets , Numbers , Down , China , Numbers Up , India , Singapore

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