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Thread: Hangzhou Welcomes China's First 4S Plane Shop

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[quote=LIONPOWER,240720]The 4S shop's helicopters were all assembled by Xijie Aeroplane Manufacturing Company, a private factory based in Xi'an, capital city of Shaanxi Province, with some spare parts coming from France. Fully operational, they can bear a two-person load on a 400-500km flight.

According to industry insiders, insurance for a private jet costing more than a million yuan comes up to 20,000-30,000 yuan (US$2,600-4,000) with a further 1,000-2,000 yuan (US$130-260) to be factored in for each hour of flight. Additionally, annual maintenance costs must be tallied up, although they can run on regular 97# petroleum.

The first private jet owner in Zhejiang was Qiu Deyuan, broad chairman of Zhejiang Daoyuan Group. His 65-million-yuan (about US$8.6 million)-Premier I could bear two pilots and six passengers, costing 4000 yuan (US$530) to run per hour of flight.

Compared with the United States, which is home to 100,000 private jets and around 270,000 general-purpose planes across 17,000 airports, China counts less than a hundred such, leaving its private jet market yawning. Some Zhejiang real estate developers have sought to get ahead of the game, by including helipads as part of their residential complexes.
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