Business aviation soaring through turbulence

The three-day 2015 Asian Business Aviation Conference and Exhibition in Shanghai put 38 aircraft on display. [Photo provided to China Daily]

Industry insiders voice optimism about new heights for charter flights and private jets despite declining business, Liu Zhihua reports

The three-day 2015 Asian Business Aviation Conference and Exhibition in Shanghai was "the strongest edition of the show in its 10-year history", its organizer, the National Business Aviation Association, said after its April 16 conclusion.

The continent's largest aviation-industry event this year featured 183 exhibitors - a fivefold increase over its first show.

It exhibited 38 aircraft on static display. That is about the same number as last year's but three times that of its debut a decade ago. It showed a range of products, from pistons to international jets and even helicopters.

Attendees hailed from more than 40 countries. Over 40 percent of exhibitors were Asia-based, the highest proportion to date.

"This was a big and exciting week ... it is clear that a high-water mark has been reached, not only for ABACE, but for business aviation in China and across Asia," NBAA President and CEO Ed Bolen said in a news release.

But business aviation dealer Wang Lin (not her real name) said the exhibition showed sellers are more eager than buyers in China.

"There were more exhibitors this year than last year, and all the industry leaders came," Wang said.

"Perhaps it was because the weather was rainy and cold, but it seemed there were fewer buyers than last year. The atmosphere wasn't as energized."

She said salespeople wax nostalgically about bygone golden days.