Demand for private jets surges as coronavirus keeps airlines away from China; aviation sector under pressure due to travel bans, nervous crew
The SARS-CoV-2 coronavirus outbreak, which has killed more than 1,300 people in China, has led premium Asian airlines like Hong Kong’s Cathay Pacific Airways Ltd and Singapore Airlines Ltd to drastically cuts their flight schedules
US International Trade Commission gives green light to prepare anti-dumping duties against Bombardier
The ITC, as expected, voted to continue an investigation on Boeing Co's complaint that Bombardier dumped its CSeries jet below cost in the US market.
Ferraris and Rolls-Royces have become common sights in China's cities as a new class of super-rich indulge a growing appetite for luxury, but tight regulation has meant the private jet, the ultimate status symbol of the global elite, remains rare.