Jackie Chan Jet a sign of China's aviation market maturing

China?s business aviation has had intense growth in the last few years with sales projected to grow 15 percent a year. That?s because its super-rich are now looking beyond cars and yachts to jets, an officer of Sino Jet Management Ltd. told Bloomberg? ? Bloomberg Latest from The Business Journals Euorozone worries hit major banksScottish fund buying into Wells FargoGoldman Sachs? private equity investment in Cobalt pays off Follow this company News at the Singapore Air Show this week.

A Brazilian Embraer Legacy 650 jet was on display with Hong Kong-born actor Jackie Chan?s name and a Chinese dragon character emblazoned on its fuselage, the report said. Chan was named the company?s ?brand ambassador? last year.

Embraer is competing with firms like General Dynamics Corp.? ? General Dynamics Corp. Latest from The Business Journals President Obama's jet practices landings in Georgia Gulfstream? ? Gulfstream Latest from The Business Journals President Obama's jet practices landings in Georgia Gulfstream to show off jets in SingaporeHawker Beechcraft?s new CEO, Steve Miller, is ?Turnaround Kid? Follow this company to show off jets in Singapore270,000 aerospace jobs lost to export controls in 10 years Follow this company , Gulfstream and Bombardier Inc. for the burgeoning market.

Gulfstream, based in Savannah, Ga., said it would open a training facility in Hong Kong, Bloomberg said.

There were 156 civilian airports in China in 2009 and that number is expected to grow 56 percent by 2020.

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