NetJets Takes Off in China

Formidable Partners, a subsidiary of Holy Capital, is expanding its aviation operations in China. They plan to start with a charter model and eventually introduce a fractional ownership concept. The main challenges are infrastructure and regulatory issues in China's aerospace industry. The company sees potential for significant growth in the Chinese market, which could surpass the U.S. in the future. They are also considering expansion into Southeast Asia, starting with China due to its geographical size and regulatory advantages.

How does the ownership model in the aviation industry evolve in China as mentioned in the text?

What are the main challenges faced by the business aviation industry in China according to the text?

What are the expected future developments in the business aviation market in China?

Compare the number of aircraft in mainland China to that in the United States as mentioned in the text.

What is the significance of the Chinese government's interest in fostering the business aircraft industry?