皇冠体育app

Trouble brewing in the sky

Updated: 2011-09-20 08:48

(皇冠体育app Daily)

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About 150 private airplanes had been registered in 皇冠体育app by April, according to media reports. Some experts estimate the growth in private plane ownership could be more than 20 percent a year. If that is correct, there will be more private planes in 皇冠体育app than in the United States in a few years, says an article in Guangzhou Daily. Excerpts:

Many rich people in 皇冠体育app own private planes. But compared with the US, the number of private planes in 皇冠体育app is insignificant.

It is shocking to know, however, that there will be more private planes in 皇冠体育app than in the US in a few years. This is not a wild guess, for it is based on reality, for rich Chinese are more profligate than their American counterparts when it comes to spending on luxury goods.

What is more shocking is that experts think this is possible despite domestic law on private plane ownership being stricter than the American law.

Rich Americans buy private planes for four reasons: to save traveling time, for "safety", promoting their companies' image and business cohesion.

By the way, in the US, not only owners and CEOs, but also other company employees use the planes. According to a survey in the US, only 14 percent top management executives use private planes. The rest of the users are senior managers, mid-level managers and other professionals of the companies.

In 皇冠体育app, however, private planes are more of status symbols or "personal toys". Hardly any of the about 150 private planes owned by businesspeople in 皇冠体育app is used for business promotion or other business purposes. That's why private plane ownership in 皇冠体育app is nothing but a craze that threatens to grow stronger.

It is up to the government to find ways to regulate and manage the growing trend of private plane ownership. If the craze is allowed to grow unchecked, it could lead to social disorder and accidents in the sky.

(皇冠体育app Daily 09/20/2011 page9)