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2012
Feb
22
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Private jet makers woo Asia's super rich
For the super rich of Asia, owning a private jet has become the ultimate status symbol.
Industry experts say that even a White House proposal to end a tax break for private jets has yet to damp sentiment.
But the nation is still a shade behind Hong Kong and Taiwan.
German looks to build on success for Sunseeker after overcoming challenges a decade ago.
The Italian brand aims to announce the vehicle at April's Beijing auto show for a 2016 launch.
A state-backed Chinese industrial conglomerate is buying it for at most a fifth of its peak value.