The Wall Street Journal | By: Trefor Moss | GPE – September 12, 2017:
Orders for helicopters and planes are up as the Chinese government reforms flight restrictions.
Originally published August 25, 2017: Above Shanghai’s skyline, things are eerily quiet: the helicopters and small planes that whir over other cities in the world are hardly ever seen here, or anywhere across China, thanks to decades-old airspace restrictions and a dearth of airstrips and heliports.
China has fewer than 4,000 helicopters and light aircraft, according to the U.S.-based General Aviation Manufacturers Association—fewer than New Zealand, and a fraction of the 210,000 aircraft operating in the U.S.
But that is changing. China’s leaders have decided to promote general aviation—air services spanning leisure and transportation, logistics and emergency services—to befit the world’s second-largest economy.The reforms promise a bonanza for aircraft makers, air base operators and infrastructure developers.
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