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[考试辅导] 金融英语阅读:Private jet makers target India’s super-rich

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发表于 2012-8-16 08:12:37 | 显示全部楼层 |阅读模式
  BANGALORE, India (AFP) – The growing list of billionaires in India is an enticing prospect for executive jet makers seeking to recover from a slump in demand caused by the global financial crisis. (AFP/File/Dibyangshu Sarkar)/ J! y; H1 D% }& c8 G) }  G
  BANGALORE, India – The growing list of billionaires in India is an enticing prospect for executive jet makers seeking to recover from a slump in demand caused by the global financial crisis.( m! Y: a' O0 T, p3 X" h, T
  Prominent among exhibitors at the ongoing Aero India 2011 air show in Bangalore were manufacturers such as US-based Gulfstream and Brazil's Embraer -- both hoping to seduce corporate high-flyers with their luxury private planes.! b1 {7 l7 ]- K, w( V6 F
  The global private jet market had a hard landing in 2008-09, with jet prices plunging by up to 30 percent and actual flying time falling by an estimated 40 percent.
- B. |! \" T, K+ Q+ M/ L/ j, V  But India's fast-growing economy minted 17 new billionaires in 2010, driving the total to a record 69, according to Forbes magazine's list of the world's wealthiest individuals.
0 R& C  h% y5 k& B3 Q0 R  The country's richest man, Mukesh Ambani, reportedly gifted his wife a $60 million Airbus, complete with entertainment cabins and showers, for her birthday in 2007.9 e# s! D4 G  |: o0 e0 y
  Jose Eduardo Costas, vice president of Asia sales for Embraer, said the Brazilian firm had a host of orders lined up.
, R! t, @7 w5 T  "A private jet is not a Ferrari or a luxury boat. It's a business tool and the market here realises that," he said.
+ Z) `; ~2 T2 P8 V5 t  "Five of our aircraft are already with the government and four with private companies, and in the next three years we will be making 30 deliveries of our jets."2 c  K8 ^7 w+ H  h  \5 z
  Gulfstream said there were 17 of its aircraft in India by the end of last year, up from just five in 2001, adding that 12 of them were large-cabin models including the G550, which has a range of 12,000 kilometres (7,500 miles).
% o- f1 q0 z  L  V4 t- J: y  "We see great long-term potential in the Indian market as infrastructure for business aviation expands and government officials focus more on this segment," said Roger Sperry, Gulfstream's senior vice-president for international sales.+ H; E1 A. |  L% b! @4 s' @* r
  According to figures from aviation data firm JetNet, new business jet deliveries to the wider Asia-Pacific region grew from 7.0 percent of the world market in 2007 to 12 percent in 2009.& G) }/ _# m7 u" t/ a5 U1 O
  JetNet cited India as having the second-largest fleet in the region, with 143 business aircraft of all sorts -- a sign of the country's growing presence in the top-end luxury goods market.
* y7 V1 e6 L. _/ R9 l0 {  Cessna Aircraft Co. set up shop four years ago in Bangalore and industry experts say the Kansas-based manufacturer leads its private jet competitors in India.6 j9 r# m8 \, X
  "India is important to Cessna and the expanding economy should soon support a robust business aircraft fleet and infrastructure," said Cessna's vice president for international sales, Trevor Esling.
& @1 d: b/ w: G2 h  He declined to give details of orders the company has on hand or the number of planes delivered, but said: "By 2025 I would expect India to be in the top 10 individual countries for business jet ownership outside the United States
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