- CNTV English - CCTV News

E-commerce eyes Chinese private aviation

12-05-2011 08:53 BJT

Watch Video

Play Video

With China's rapid economic development has emerged a new class of super-rich individuals. To cater to their needs and desires, a whole new market is thriving. For some it’s luxury goods, cars, expensive homesbut for others, even that isn’t enough to quell their need to spend. Aeroplanes and helicopters have now become the new playthings of China’s wealthy elite, and rather surprisingly, an entire e-commerce platform exists to serve them. But as David Keyton finds out, even the super-rich must follow China’s strict aviation rules.

With China's rapid economic development has emerged a new class of super-rich
individuals. To cater to their needs and desires, a whole new market is thriving.

Buying a plane has never been as easy as today. A few clicks, and the plane is yoursif you’re willing to pay the price.

Various types of aircraft are available online, and as most sellers are private clubs, China’s super-rich can then learn how to fly it.

Salespersons said: "Prices start as low as 250-thousand to 300-thousand yuan, we have many private customers."

The market for private planes is growing, but its development is hinders by strict regulations concerning the use of Chinese airspace. Private users are often only allowed to fly in a limited area, and approval to venture further is difficult to obtain.

Liu Kaihong, general manager of Deer Air Company Ltd. said: "Any flying object needs to get a certification from the authorities. There are many thresholds."

Would-be flyers need to apply to several different local and national departments to get a license. Then, one week before taking off, they must submit their flight-path for approval by the local air-traffic-control.

But this could soon change. As the market grows, the government is implementing trial programs for low-altitude flights nationwide.

The country’s latest five-year economic plan also places heavy emphasis on developing private aviation through the construction of a large number of airports.


Editor:Zhang Rui |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program