Organisers of the second edition of Hainan Rendez-Vous, Asia’s first and only private aviation lifestyle exhibition, announced today that some 250 of the region’s business elites will be flown by private jet to their April 1-4 show in Hainan, a tropical island that is fast developing into China’s version of the French Riviera.

Showcasing the world’s finest private jets, Hainan Rendez-Vous 2011 provides an ideal communication platform for manufacturers and buyers of business aircraft.

It is the only Business-to-VIP-Customer aircraft exhibition in the whole of Asia, and the region’s only show where exhibiting private jet manufacturers actually fly in such a large number of show attendees from their city of origin and back.

In total the event, which also includes a yacht exhibit and luxury property and brands shows, is expected to draw some 8,000 high net worth individuals this year.

New Zealand websites are reporting the Jackson paid around $50 million to pick up a Gulfstream G550.

His new plane is able to fly non-stop from Australia to Los Angeles and will replace his older Gulfstream IV which had to make a fueling stop on the way because of its shorter range.

The G550 usually accommodates 12 to 16 passengers in leather seats and divans arranged in several distinct living areas.

Pharmaceutical giant Pfizer is scouting for buyers for two of its Gulfstream aircraft, a Gulfstream V model and a Gulfstream 550.

The V is offered at $29.25 million and the 550 for $35.5 million, Cityfile reports.

It’s unclear when the planes were put up for sale exactly, although both were reduced in price recently.

Starbucks is trying to sell the $45 million corporate jet it bought last month.

Starbucks’ new jet – a Gulfstream 550 – has made only 15 flights, according to Avpro’s online sales pitch.

Several of those landings were in Honolulu and Kona, Hawaii, during a two-week trip apparently taken by CEO Howard Schultz.

A Starbucks spokeswoman said the company ordered the 19-seat plane three years ago and determined that canceling delivery would be too expensive.