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Business trends

Chartered private jets find friendly skies in China

High cost of plane ownership forces companies to make down-to-earth decisions

 A round-trip charter flight between Hong Kong and Osaka costs about $5,000 per passenger on a private jet, about the same as first-class airfare on a commercial airline.   © Reuters

HONG KONG -- Demand for chartered private jets is soaring in China as companies adopt more cost-effective travel polices for their high-flying executives.

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