Wealth

August 13, 2014 - 5:01pm

The Latin America and Caribbean (LAC) region is home to more than 5,000 business aircraft–2,457 jets 2,588 turboprops–according to current data from aviation data services firm JetNet. This represents 14.8 percent of the world’s fixed-wing business turbine fleet, despite the region’s 6.6-percent share of world gross domestic product (GDP).

March 27, 2012 - 6:02am

“The population of wealthy [individuals] and their wealth [itself] is growing rapidly in China,” said Sean McGeough, Hawker Beechcraft vice president Europe, Middle East, Africa and Asia, at a press conference here at ABACE yesterday. There are now 1.3 million high-net-worth individuals with a combined wealth of $4.3 trillion in China, he said.

 
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