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More plane showrooms to be opened in China

By Wang Ying (China Daily) Updated: 2016-03-29 09:19

More plane showrooms to be opened in China

Visitors look at helicopters at GD Aero E Store. China's first airplane 5S shop, GD Aero E Store, a venture by Shanghai General Dynamic Aero Tech Co (GDAT), opened in Ningbo, East China's Zhejiang province, April 8, 2015. [Photo/IC]

The booming airplane market follows the government's November 2010 decision to gradually open its low-altitude airspace, under 1,000 meters, to promote the general aviation sector.

General aviation requires less land than other transportation methods, and the opening of additional of low-altitude airspace will give the sector a boost in the future, said Chen Zhuo, an industrial analyst from China Merchants Securities Co.

"The development of general aviation lags far behind the commercial airline sector, where China owns the world's second-largest aircraft fleet by size," Chen said.

China's general aviation market will reach 150 billion yuan by 2020, the National Business Daily reported, citing a prediction by the Chinese Society of Aeronautics and Astronautics.

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