Zhejiang wealthy businessman intended to fly his own to go to Chongqing for business travel 2007-04-16

Wang Bing, a wealthy businessman in Yiwu, Zhejiang said he planned to fly his own RMB 18 million helicopter to Chongqing tomorrow. His helicopter was ordered from a French company and as also the second private aircrafts in Zhejiang.

Wang is an businessman making deco paintings with a fixed asset of 500 million RMB. In October last year, Wang has bought an EC120B from Eurocopter at RMB 18 million. The helicopter measures 12 meter long, 10 m width and the three propellers are of 3 meters each. He named it “Wangbing Photoframe”.

However, Wang has not yet filed flight applications to the authorities therefore it’s not clear if the flight can be realized.

Wang also worries about the flight applications as well as the maintenance cost of about 4 million a year.