Another example is China Aviation Corp, which acquired US-based Cirrus Industries, a private aircraft maker.

BBC: Viewpoint: Why Chinese firms buy Western rivals

Little is known about the Y-20, with a China Daily report stating the aircraft is believed to have been developed by the Xi'an Aircraft Industry, a subsidiary of Aviation Industry Corp. of China, the major military aircraft manufacturer.

CNN: China's new super cargo jet takes to the skies

The company is taking over a subsidiary of U.S. aviation company Fairchild Corp. to gain a place on Nasdaq.

CNN: Grandaddy of Them All

About 50% of the U.S. jet fleet is leased from such companies as General Electric Capital Aviation Services (nyse: GE - news - people ), International Lease Finance Corp. (a unit of AIG) and CIT Group (nyse: CIT - news - people ).

FORBES: For Sale: Used Jets