Report: China eases pilot license rules; may top U.S. demand for private planes

New rules that took effect on Sunday make it easier to earn a private pilot’s license in China, according to a report by the New York Times.

The move is likely to unleash pent-up demand for civil aviation in China.

The move comes as China plans to open more low-altitude airspace for commercial and private airplanes in coming years.

Most of China’s airspace is now reserved for military use. But China has a rapidly expanding demand for private jet travel.

“Given that the private aircraft market in the West is still rebounding from the financial crisis, some analysts say that China could overtake the United States as the largest market for private planes within the coming decade,” the New York Times report said.