China: March 24, 2003


The Shijiazhuang Aircraft Industry Co. rolled out the first Chinese designed and manufactured private business aircraft. The Xiaoying 500  ("Eagle 500") is pretty modest by world standards. It's a four seat, single engine aircraft with a maximum load of 1240 pounds. It costs $241,000, less than half most comparable Western aircraft. It's aimed at the Chinese market, and 60 orders have been received so far. There's a military market as well, for liaison and reconnaissance, but the manufacturer did not mention this. 



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