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Cessna, the world’s biggest business jet maker, has signed a joint venture agreement to manufacture business aircraft in China – one of the widest-ranging partnership between foreign and Chinese aviation firms.
The Cessna agreement opens up international options to state-owned business jet builders, who were previously obligated to source parts and assemble aircraft only in conjunction with China’s own manufacturers.
And although private jet manufacturing remains under the old restrictions, as demand increases, it may be subject to similar deregulation.