Asia | When first class isn’t good enough

The new private jet pecking order

In oligarchic aviation China has just fallen behind India

An Indian man sat in a private jet drinking champagne
Illustration: Owen D. Pomery
|Mumbai|5 min read

Life for Asia’s super-rich has its ups and downs. One industry, more than any other, provides a bird’s-eye view on their fortunes: the mind-boggling market for private jets. In recent years the number of posh private aircraft registered in China has dropped like a stone, in part because the Communist Party has taken umbrage against lavish displays of wealth. These days it is India’s rising rich who are snapping up sleek personal planes.

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