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ASIA PACIFIC REGIONBUSINESS JETSYear End 2015
ASIAN SKY GROUP (ASG), headquartered in Hong Kong with offices throughout Asia, has assembled the most experienced aviation team in the Asia-Pacific region to provide a wide range of independent services for both fixed and rotary-wing aircraft. ASG also provides access to a significant customer base around the world with the help of its exclusive partners.
ASG is backed by SEACOR Holdings Inc., a publically listed US company (NYSE: “CKH”) with over US$1 billion in revenue and US$3 billion in assets, and also by Avion Pacific Limited, a mainland China-based general aviation service provider with over 20 years of experience and 6 offices and bases throughout China.
ASG provides its clients with four main business aviation services:1. Sales & Acquisitions including Transactional Advisory;2. Market Research and Consulting including Special Projects;3. Operation Oversight including Completion Management, Audits, Invoice Review and Aircraft Appraisals, and;4. Luxury Charter Services.
The acclaimed Asian Sky Fleet Reports are produced by ASG’s Market Research and Consulting group. ASG has a growing portfolio of business aviation reports designed to provide valued information so that the reader can make better informed business decisions. Included in the portfolio are Asian Sky Asia-Pacific Fleet Reports for both Civil Helicopters and Business Jets, the Africa Business Jet Fleet Report and the all new industry leading Asian Sky Quarterly magazine.
Asian Sky Group would like to acknowledge the gracious contributions made by numerous organisations, including aircraft operators, OEMs, aviation authorities and JETNET LLC in providing data for this report.
Should you wish to reproduce or distribute any portion of this report, in part or in full, you may do so by mentioning the source as: “Asian Sky Group, a Hong Kong based business aviation consulting group”.
Thank you for your interest in this report. We hope you will find the information useful. If you would like to receive further information about our other aviation reports and services, please contact us at info@asianskygroup.com or visit us at www.asianskygroup.com.
ABOUT ASIAN SKY GROUP
CONTRIBUTION
Beijing
PenglaiSeoul
Shanghai
Hong Kong
Manila
Chengdu
Shenzhen
Bangkok
INTRODUCTION
TABLE OF CONTENTSEXECUTIVE SUMMARY ……………………….............................................................……………5
Upcoming Aircraft: Gulfstream G500............................................................……………6 2015 OVERVIEW: ADDITIONS AND DEDUCTIONS.......……....................……….…......……...9
2015 FLEET BREAKDOWN BY COUNTRY & SIZE CATEGORY............................................15
Personality Profile: Kevin Wu, Textron Aviation…...………….........................................24
2015 FLEET BREAKDOWN BY OEM................................................................................26
Corporate Profile: Taj Air Metrojet Aviation ................................................................36
2015 GROWTH BY OEM, SIZE & COUNTRY.....................................................................39
GREATER CHINA OVERVIEW............................................................................................48
2015 Growth & Forecast for 2016.............................................................................57
2015 OPERATOR OVERVIEW...........................................................................................67
Corporate Profile: Hawker Pacific Aircraft Management...........................................70
Upcoming Aircraft: Gulfstream G600.........................................................................84
2015 OVERVIEW: FLEET AGE AND REGISTRATIONS.......................................................87
ASIA PACIFIC SUPPORT INFRASTRUCTURE BY OEM.......................................................98
ASIA PACIFIC FIXED-BASE OPERATORS (FBOs).............................................................107
FINANCING & LEGAL FIRMS..........................................................................109
INTERIOR COMPLETION CENTRES ...............................................................................110
Corporate Profile: Flying Colors Corp.…….…………………...........................................114
ASIA PACIFIC CHARTER AIRCRAFT............…………..........................………..……....……....116 AIRCRAFT MODELS POSITIONING...................................................................……........119
PRE-OWNED AIRCRAFT FOR SALE……...............................………………...…….............….121
Asian Sky Group (ASG) is pleased to present the 4th edition of its Business Jet Fleet Report. Originally just covering the Greater China region, this edition has been extended to cover an Asia Pacific region which includes the important markets of India, Australia and New Zealand. ASG’s Fleet Reports provide the most comprehensive coverage and breakdown of the business jet fleet in the Asia Pacific region. It has established itself as an indispensable source of valued information for the whole business aviation community.
For copies of ASG’s various industry reports, please visit www.asianskygroup.com.
Note (1): Fleet distribution is based on business jets in service at their active base of operation.Note (2): 2014 data for Australia, India, New Zealand and other Oceania Islands has been determined by deducting from 2015 fleet total new
and pre-owned deliveries less any aircraft that are known to have left a country but remained in the Asia Pacific region.
44 49
Indonesia
Australia
Macau
Myanmar
Bangladesh
India
Cambodia
Hong Kong
Vietnam
Thailand
Taiwan
South Korea
JapanChina
Singapore
Brunei
Papua New Guinea
13
116
1
1
12
132
1
63 63
289300
3 3
3
139
3
145
19 22
33 33
3
45
3
52
3 3
20 20
172184
ASIA PACIFIC REGION
(+16%)(+4%)
(+5%) (0%)
(+7%) (+11%)
(+17%)
(N/A)
(N/A)
(0%)
(+14%)
(+4%)
(+7%)
(-8%)
(+12%) (+16%)
(+14%) (0%)
(+13%) (+16%)
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 20152
(+19%) (0%)
Largest Market
Largest Fleet Additions
2014 1,068
2015 1,134+6.2%
Samoa
New Zealand
New Caledonia
Philippines
Malaysia
44
48
49
46
1
8
1
12
1
ASIA PACIFIC REGION – BUSINESS JET FLEET
ASIA PACIFIC REGION
(N/A) (+50%)
(+13%) (+11%)
(+12%) (-4%)
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 3
Highest Growth Rate
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 20154
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 5ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2015 5
EXECUTIVE SUMMARY
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 5
The Asia Pacific business jet fleet stood at 1,134 aircraft by year end 2015, a 6.2% increase over the prior year, and in line with most market forecasts. Overall, the region added 140 aircraft – 66 new and 74 pre-owned – but also saw 74 aircraft leave.
China remains the largest market in the Asia Pacific region with 300 business jets, though its growth rate was just 3.8% in 2015, reflecting a significant deceleration from previous years. A number of factors contributed to this deceleration, which are described in detail throughout this report.
After China, the next two largest markets in the Asia Pacific region are Australia with 184 aircraft (7% growth in 2015) and India with 145 aircraft (4% growth in 2015).
Hong Kong saw the largest number of aircraft added to its fleet in 2015, and increase of 16 business jets, which was partly a reflection of ongoing changes in the China market.
Taken together, the key territories of China, Hong Kong, Australia and India represent over two-thirds of the region’s business jet fleet.
The top three OEMs in the Asia Pacific region by market share are Bombardier, Gulfstream and Cessna, with 27%, 23% and 19% of the fleet, respectively.
Examining only fleet additions in 2015, Bombardier saw the largest increase with 51 additional aircraft (28 new and 23 pre-owned). The most popular added model across the region was the Global 6000, and the fastest growing size category was the ‘long range’ segment.
The top 20 operators in the Asia Pacific region fly 35% of the fleet, with 9 of the top 10 being operators in Greater China. Australia and India have the most operators, but these markets are extremely fragmented where 70% and 67% of the operators have just a single aircraft.
From an age perspective, the Asia Pacific region remains one of the world’s youngest, with 63% of fleet being less than 10 years old (Hong Kong has the youngest and Australia the oldest fleet, on average).
The US aircraft (N) registration is still the most popular in the Asia Pacific region, and is currently being utilized in at least 15 countries.
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 20156
Introduced in October 2014 amid secrecy, fanfare and a surprise powered roll-out, the Gulfstream G500 is a long-range jet that offers an optimized package of performance, comfort and technology. Most notable among the aircraft’s attributes is its speed, the result of a highly swept wing and powerful, yet efficient, Pratt & Whitney Canada PW814GA engines. Taken together, this combination in the G500 plus its advanced airframe design propels eight passengers and their luggage to an altitude of 51,000 feet, 5,000 nautical miles (9260 km) at Mach 0.85, the perfect balance between altitude, range and speed allowing passengers to maximize every minute of their travel time. What’s more, the G500 offers segment-leading fuel efficiency that is 11 percent to 26 percent better than its competitors. Short takeoff distances mean the aircraft can also deliver outstanding performance when departing from demanding airports.
All of that performance comes in a wide-body package that maximizes passenger comfort. The finished cabin, which measures 91 inches wide (2.41m) and 74 inches tall (1.93m), provides plenty of flexibility, with the ability to carry up to 19 passengers in three living areas. The aircraft’s uniquely shaped cross-section allows for generous elbow and shoulder room for seated passengers while also offering plenty of headroom for those moving about the
cabin. Pedestal-mounted conference tables provide a stable work space that is height adjustable. A wealth of options means each living area can be tailored to create the perfect combination. The aircraft features both forward and aft lavatories and a full-sized galley that can be located in either the forward or aft portion of the aircraft unique to this class of aircraft. Ample storage space is prevalent throughout, especially in the baggage compartment, which offers 175 cubic feet of usable volume.
The cabin environment is further enhanced by an industry-leading cabin altitude of 4,850 feet/1,578 m at FL510 and 100 percent fresh air that boosts mental alertness and productivity while reducing fatigue. With the quietest cabin in the industry, the G500 provides an ideal environment for work-related discussion or social conversation. The G500 also offers the same panoramic oval windows found on the G650 and G650ER, allowing natural light to pour into the cabin and further enhance the passenger environment, making it perfect for getting work done or relaxing. If passengers want to watch a movie, they have their choice of options, with a high-definition entertainment system that can stream to 19 different devices simultaneously.
In the G500 detail and personalized styling gets special attention too. Owners can choose from the finest materials,
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 20156
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 77ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015
such as handmade carpets of silk or cashmere, hand-stitched leather dyed to the color of one’s choosing, and wood veneers sourced from around the world. Gulfstream design teams will assist throughout the cabin design process, helping create an aircraft tailored to the owner’s needs and tastes, utilizing the most elegant materials available.
In the flight deck, cutting-edge technology comes in the form of active control sidesticks and integrated touchscreen panels.
The industry-first active control sidesticks offer enhanced safety and situational awareness over passive sticks through tactile feedback. The sidesticks enable direct pilot input to be transmitted to the actuators controlling flight surfaces. Electronic linking of the sidesticks enable the pilot and co-pilot to see and feel each other’s control inputs, which helps improve pilot coordination in the cockpit.
Adding to the pilots’ more intuitive interaction with the aircraft are 10 integrated touchscreens, which help reduce the number of cockpit switches by 70 percent. These touchscreens will be used for system controls, flight management, communication, checklists and monitoring weather and flight information.
The G500 is currently undergoing flight test, with four of five test articles already in flight. Together, the four aircraft have flown more than 700 hours, achieving a top speed of Mach 0.995 and a maximum altitude of 53,000 feet. On the ground, four labs are dedicated to ground testing and systems integration, with more than 43,000 hours of testing already complete. The G500 is expected to receive Federal Aviation Administration certification in 2017, with entry into service in 2018.
PERFORMANCE
Maximum Range: 5,000 nm / 9,260 kmHigh-Speed: Mach 0.90 / 516 ktasLong-Range: Mach 0.85 / 488 ktasMaximum Operating Speed: Mach 0.925Takeoff Distance(SL, ISA, MTOW): 5,200 ft / 1,585 mLanding Distance(SL, ISA, MLW): 3,100 ft / 945 mInitial Cruise Altitude: 41,000 ft / 12,497 mMaximum Cruise Altitude: 51,000 ft / 15,545 m
WEIGHTS
Maximum Takeoff: 76,850 lb / 34,859 kgMaximum Landing: 64,350 lb / 29,189 kgMaximum Zero Fuel: 52,100 lb / 23,632 kgBasic Operating (including 3 crew): 46,600 lb / 21,137 kgMaximum Payload: 5,500 lb / 2,495 kgPayload with Maximum Fuel: 1,800 lb / 816 kgMaximum Fuel: 28,850 lb / 13,086 kg
EXTERNAL
Length: 91 ft 2 in / 27.78 mOverall Span: 87 ft 1 in / 26.55 mHeight: 25 ft 6 in / 7.78 m
INTERNAL
Total Interior Length: 47 ft 7 in / 14.50 mCabin Length (excluding baggage): 41 ft 6 in / 12.65 mCabin Height: 6 ft 4 in / 1.93 mCabin Width: 7 ft 11 in / 2.41 mCabin Volume: 1,715 cu ft / 48.56 cu mBaggage Compartment (usable volume): 175 cu ft / 4.96 cu m
DESIGN STANDARDS
Avionics: Gulfstream Symmetry Flight Deck™Engines: Two Pratt & Whitney Canada PW815GARated Takeoff Thrust (each): 15,144 lb / 67.36 kNPassengers (Typical Outfitting): Up to 19 / 3 Crew
ASIA PACIFIC REIGION BUSINESS JET FLEET REPORT – YEAR END 20158
2015 OVERVIEW: ADDITIONS AND DEDUCTIONS
The Asia Pacific region saw the net addition of 66 business jets in 2015, a growth rate of 6.2%.
Underpinning this increase were 140 business jets entering the Asia Pacific region (split 47% / 53% between new and pre-owned additions), and a reduction of 74 aircraft leaving the region.
The leading OEM by number of deliveries in 2015 was Bombardier with 51 additional new and pre-owned aircraft additions (36% market share). This was followed by Gulfstream with 39 and Cessna with 16, for a 28% and 11% market share, respectively.
Whereas Bombardier, Gulfstream and Embraer each delivered more new aircraft than pre-owned into the Asia Pacific region in 2015, Cessna and the rest of the OEMs all saw more pre-owned aircraft added into the region than new.
Similar to the profile of added aircraft, of those that left the region, 25 aircraft were Gulfstream, 18 were Bombardier and 8 were Cessna, due in part to trade-in factors or owners deciding to upgrade but remain with the same OEM.
The most commonly added business jet model to the Asia Pacific fleet in 2015 (for both new and pre-owned deliveries) was the Global 6000, with a total of 15 additional aircraft, followed by the G450 with 12, the G550 with 9, the Global 5000 with 8 and the G650 with 7; further establishing that the Asia Pacific region is a ‘large cabin size and up’ business jet market.
This was further illustrated by combined deliveries of the ‘Global family’ from Bombardier and the ‘G450/550’ family from Gulfstream: 23 Globals and 21 G450s/550s. A key difference however is that 17 of the Global aircraft were new versus only 9 of the G450s/550s. The Global family also saw only 6 deductions whereas the G450/550 family saw 11, though some of these G450/G550 reductions reflected new G650 deliveries and orders.
The territories in the Asia Pacific region with the most activity in 2015 were Hong Kong and China, including for both deliveries and reductions.
Another active pre-owned market was Australia with 18% of all added aircraft, and Singapore, which accounted for 16% of all deductions. As Australia is a very mature business jet market, it is not surprising to see a well-established and thriving pre-owned market.
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 20158
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 9
ASIA PACIFIC REGION
34+25+11+7+7+7+5+4+G
Fleet Additions – Asia Pacific Region
42+30+9+8+5+3+3+GNew Deliveries
Airbus 2 (3%)
Bombardier 28 (42%)
Dassault 2 (3%)
Cessna 5 (8%)
Boeing 3 (5%)
Embraer 6 (9%)
Gulfstream20 (30%)
+66
Pre-owned Additions
30+26+15+11+10+3+3+1+1+GBoeing 2 (3%)
Embraer 2 (3%)
Hawker 1 (1%)Others 1 (1%)
Bombardier 23 (31%)
Gulfstream 19 (26%)
Airbus 7 (9%)
Dassault 8 (11%)
Cessna 11 (15%)
+74
Deductions
Airbus 3 (4%)
Gulfstream 25 (34%)
Bombardier 18 (24%)
Boeing 4 (5%)
Embraer 5 (7%)
Cessna 8 (11%)
Hawker 6 (8%)
Dassault 5 (7%)
-74
Net Additions - 2015
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201510
Net Additions Per Model – New vs Pre-owned66 in totalThe most popular business jet models to be added to the Asia Pacific region fleet in 2015 were the Bombardier Global 6000, Gulfstream G450 and G550.
Deductions (-74)
New Deliveries (66)
Pre-owned (74)
ACJ319
BBJ
Global 6000
Global 5000
Global Express XRS
Citation CJ4
Falcon 2000/DX/EX EASy
Phenom 100
G450
G650ERG300/G350
G-III
Citation Excel/XLS/+
Falcon 900EX/EASy
Lineage 1000
G280
G-II
ACJ318
Challenger 605
Challenger 800/850
Learjet 45/XR
Citation S/II/Bravo/II/SP
Falcon 2000LX/LXS
Legacy 500
G650
G500
G-V
Hawker 800A/B/850XP/XPI/125-AHawker 1000A/B
Learjet 35/A/36/A
Citation Mustang
Falcon 7X
Global Express
Citation Sovereign/+
ACJ320
737-200 ADVANCED
Challenger 604
Learjet 31/A
Learjet 75
Citation 500/I/SP
Falcon 2000S
Legacy 650Legacy 600
G550
G200
G-IV/IV-SP
Hawker 900XP
Nextant 400XT/XTi
Learjet 60/XR
Citation CJ2/+
Falcon 900LX
ACJ330
-1 1
3 2
22
3
3
12
1
1
1
1
1
1
12
4
1
4
5
1
1
3
3
32
1
1
2111
2
2 10
3
2
2
1
1
6
2
2
1
1
1
3
7
11
1
1
1
4
-1
-1
-1
-1
-1-1
-1
-1-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1-3
-5
-2-2
-4
-3
-3
-4
-4
-2
-2
-6
-3
-3
-1
-3
-2
Airb
usBo
eing
Bom
bard
ier
Cess
naD
assa
ult
Embr
aer
Gul
fstre
amH
awke
rN
exta
nt
-1
2
5
5
Challenger 300/350Challenger 870
3-2
ASIA PACIFIC REGION
+33
+6
+1
+8
+5
+3
+14
-5
+1
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 11
2015 New Deliveries by Country and Aircraft Model66 in Total
Airbus ACJ318 1 1 2%ACJ319 1 1 2%
Boeing BBJ 3 3 5%Bombardier Challenger 300/350 1 1 1 3 5%
Challenger 605 2 2 1 5 8%Challenger 800/850 1 1 2%Challenger 870 1 1 2%Global 5000 2 1 1 1 5 8%Global 6000 5 1 2 2 1 1 12 18%Learjet 75 1 1 2%
Cessna Citation CJ4 3 3 5%Citation Excel/XLS/+ 1 1 2 3%
Dassault Falcon 2000LX/LXS 1 1 2%Falcon 7X 1 1 2%
Embraer Legacy 500 1 1 2%Legacy 650 2 1 3 5%Phenom 100 1 1 2 3%
Gulfstream G280 1 2 3 5%G450 2 2 3%G550 2 2 1 1 1 7 11%G650 5 1 6 9%G650ER 1 1 2 3%Total 18 17 6 6 4 4 4 3 2 1 1 66
% of Total 27% 26% 9% 9% 6% 6% 6% 5% 3% 2% 2%
Hon
g Ko
ng
Chin
a
Japa
n
Indo
nesi
a
Sing
apor
e
Aust
ralia
Mal
aysi
a
Taiw
an
Indi
a
Sam
oa
Tota
l
% o
f Tot
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Phili
ppin
es
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201512
2015 Pre-Owned Additions by Country and Aircraft Model74 in Total
Airbus ACJ319 3 1 4 5%
ACJ320 1 1 2 3%
ACJ330 1 1 1%
Boeing BBJ 2 2 3%
Bombardier Challenger 604 4 4 5%
Challenger 605 1 1 1%
Challenger 800/850 2 2 3%
Global 5000 2 1 3 4%
Global 6000 1 1 1 3 4%
Global Express XRS 1 1 1 1 1 5 7%
Learjet 31/A 1 1 2 3%
Learjet 35/A/36/A 1 1 1%
Learjet 45/XR 1 1 1%
Learjet 60/XR 1 1 1%
Cessna Citation 500/I/SP 1 1 2 3%
Citation CJ4 1 1 1%
Citation Excel/XLS/+ 1 1 1%
Citation Mustang 1 3 4 5%
Citation S/II/Bravo/II/SP 2 1 3 4%
Dassault Falcon 2000/DX/EX EASy 1 1 2 3%
Falcon 2000S 1 1 1%
Falcon 7X 1 1 1 3 4%
Falcon 900EX/EASy 1 1 1%
Falcon 900LX 1 1 1%
Embraer Legacy 600 2 2 3%
Gulfstream G200 1 1 2 3%
G450 1 1 1%
G450 3 3 1 1 2 10 14%
G500 1 1 1%
G550 1 1 2 3%
G650 1 1 1%
G65OER 1 1 1%
G-V 1 1 1%
Hawker Hawker 800A/B/850XP/XPI 1 1 1%
Nextant Nextant 400XT/XTi 1 1 1%
Total 14 13 13 7 6 6 6 4 2 1 1 1 74
% of Total 19% 18% 18% 9% 8% 8% 8% 5% 3% 1% 1% 1%
Indo
nesi
a
Chin
a
Hon
g Ko
ng
Aust
ralia
Sing
apor
e
Phili
ppin
es
Taiw
an
Thai
land
Tota
l
% o
f Tot
al
Sout
h Ko
rea
New
Zea
land
Indi
a
Mal
aysi
a
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 13
2015 Deductions by Country and Aircraft Model74 in Total
Airbus ACJ319 1 1 1%
ACJ320 1 1 1%
ACJ330 1 1 1%
Boeing BBJ 1 1 1 3 4%
737-200 ADVANCED 1 1 1%
Bombardier Challenger 300/350 2 2 3%
Challenger 605 1 1 1%
Challenger 800/850 1 1 1%
Global 5000 2 1 1 4 5%
Global 6000 1 1 2 3%
Global Express 1 1 1%
Global Express XRS 3 1 4 5%
Learjet 35/A/36/A 1 1 1%
Learjet 45/XR 1 1 1%
Learjet 60/XR 1 1 1%
Cessna Citation CJ2/+ 1 1 1%
Citation CJ4 1 1 1%
Citation Excel/XLS/+ 1 1 1%
Citation Mustang 3 3 4%
Citation Sovereign/+ 1 1 2 3%
Dassault Falcon 7X 2 1 1 4 5%
Falcon 900LX 1 1 1%
Embraer Legacy 600 1 1 2 3%
Legacy 650 1 1 2 3%
Lineage 1000 1 1 1%
Gulfstream G200 1 1 1 3 4%
G450 1 1 2 1 1 6 8%
G500 1 1 1%
G550 1 4 5 7%
G650 1 1 1%
G650ER 1 1 1%
G-II 1 1 1%
G-III 1 1 1%
G-IV/IV-SP 2 1 3 4%
G-V 2 1 3 4%
Hawker Hawker 800/850 Family 1 1 1 3 4%
Hawker 900XP 1 1 2 3%
Hawker 1000A/B 1 1 1%
Total 19 16 12 7 5 4 1 2 3 1 1 1 1 1 74
% of Total 26% 22% 16% 9% 7% 5% 1% 3% 4% 1% 1% 1% 1% 1% 1%
Indi
a
Mal
aysi
a
Sing
apor
e
Aust
ralia
Chin
a
Hon
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Taiw
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Phili
ppin
es
Sout
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rea
Mac
au
Tota
l
% o
f Tot
al
Viet
nam
Thai
land
Indo
nesi
a
Japa
n
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201514
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 15
2015 FLEET BREAKDOWN BY COUNTRY & SIZE CATEGORY
With 66 net aircraft added to the Asia Pacific business jet fleet in 2015, the total fleet has now grown to 1,134 aircraft.
The largest market is China, representing 26% of the total fleet (300 aircraft), followed by Australia with 16% (184 aircraft), India with 13% (145 aircraft) and Hong Kong with 12% (132 aircraft). Combined, the top 4 territories represent 67% of the total fleet.
The top 3 OEMs in terms of market share are Bombardier with 27%, Gulfstream with 23% and Cessna with 19%, together representing nearly 70% of the total Asia Pacific business jet fleet. This 1-2-3 ranking mirrors the net additions for each of the OEMs in 2015: Bombardier +33 aircraft, Gulfstream +14 aircraft and Cessna +8 aircraft.
Examining the top 4 markets individually and the top 3 largest OEM’s in each by market share:• China Gulfstream 32%, Bombardier 25% and Cessna 13% - total 70%• Australia Cessna 40%, Bombardier 35% and Hawker 7% - total 82%• Hong Kong Gulfstream 47%, Bombardier 36% and Dassault 5% - total 88%• India Cessna 22%, Bombardier 22% and Hawker 21% - total 65%
The three largest OEMs by market share represent 65% or more of the fleet in each of the top 4 Asia Pacific markets.
Bolstered by its diverse product range, Bombardier is the only OEM with a top 3 market share position in all 4 top markets, and leading to its overall market share ranking for the Asia Pacific region.
Gulfstream’s long range aircraft and dedicated branding efforts have positioned it with the leading market share in the Greater China region, which includes 171 of its aircraft and represents 65% of its total Asia Pacific fleet.
A similar mission profile and dedicated customer base to that of the United States has factored into Cessna’s leading market share in Australia.
The Indian market is relatively fragmented compared to the other top markets, and as a result all three of the OEMs referenced above have significant but effectively identical market share.
Given the significance of the China market and that 27% of its total fleet is made up of long-range category aircraft, it is not too surprising that for the total Asia Pacific region ‘long-range’ aircraft constitute the largest market share overall (with 24% of the total fleet). This is followed by the ‘large’ aircraft category with 22% (26% of the China fleet) and the ‘light’ aircraft category with 19% of the total fleet (41% of the Australian fleet).
15ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201516
Chin
a300
Aust
ralia
184
Indi
a
145
Hon
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132Si
ngap
ore
63
Indo
nesi
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52Ph
ilipp
ines
49
Japa
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49
Mal
aysi
a
46
Thai
land
33
Fleet by OEM & Country – Asia Pacific Region
Airbus 14 1 2 4 1 1 1 2 2 3 1 1 1 34 3% +21%Boeing 8 1 1 6 2 2 1 2 2 1 5 2 33 3% +6%Bombardier 75 64 31 48 29 13 10 5 15 1 6 3 4 1 1 306 27% +12%Cessna 39 73 32 1 4 11 26 9 8 8 6 2 1 220 19% +4%Dassault 34 8 19 7 2 4 2 7 3 1 1 2 1 91 8% +6%Embraer 20 5 17 3 7 13 1 1 2 69 6% +5%Gulfstream 98 9 12 62 18 7 10 11 8 10 8 2 3 2 3 1 264 23% +6%Hawker 12 14 31 2 3 10 9 3 1 7 3 1 1 1 98 9% -5%Others 9 2 1 4 1 2 19 2% +6% Total 300 184 145 132 63 52 49 49 46 33 22 20 12 12 3 3 3 3 1 1 1 1,134
% of Total 26% 16% 13% 12% 6% 5% 4% 4% 4% 3% 2% 2% 1% 1%
% Change from 2014 +3% +7% +4% +14% +16% +11% +11% -4% +16% -8% +50%
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 17
27+23+19+9+8+6+3+3+2+GAirbus 14 1 2 4 1 1 1 2 2 3 1 1 1 34 3% +21%Boeing 8 1 1 6 2 2 1 2 2 1 5 2 33 3% +6%Bombardier 75 64 31 48 29 13 10 5 15 1 6 3 4 1 1 306 27% +12%Cessna 39 73 32 1 4 11 26 9 8 8 6 2 1 220 19% +4%Dassault 34 8 19 7 2 4 2 7 3 1 1 2 1 91 8% +6%Embraer 20 5 17 3 7 13 1 1 2 69 6% +5%Gulfstream 98 9 12 62 18 7 10 11 8 10 8 2 3 2 3 1 264 23% +6%Hawker 12 14 31 2 3 10 9 3 1 7 3 1 1 1 98 9% -5%Others 9 2 1 4 1 2 19 2% +6% Total 300 184 145 132 63 52 49 49 46 33 22 20 12 12 3 3 3 3 1 1 1 1,134
% of Total 26% 16% 13% 12% 6% 5% 4% 4% 4% 3% 2% 2% 1% 1%
% Change from 2014 +3% +7% +4% +14% +16% +11% +11% -4% +16% -8% +50%
Total% of Total
% ChangeFrom 2014
Taiw
an
22
Sout
h Ko
rea
20
Mac
au
12
New
Zea
land
12
Bang
lade
sh
3
Brun
ei
3
Cam
bodi
a
3
Papu
a N
ew
Gui
nea
3
Mya
nmar
1
New
Cal
edon
ia
1Sa
moa
1
Cessna 220 (19%)
Dassault 91 (8%)
Gulfstream 264 (23%)
Airbus 34 (3%)
Embraer 69 (6%)
Others 19 (2%)Boeing 33 (3%)
Bombardier 306 (27%)
1,134Hawker98 (9%)
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201518
33+25+13+11+7+5+4+2+G34+25+17+8+8+8+G 36+27+14+14+4+5+G
47+36+5+5+3+2+2+GGulfstream 98 (32%)
Boeing 8 (3%)
Airbus 14 (5%)
Hawker 3 (14%)
Airbus 1 (8%)
Airbus 3 (14%)
Dassault 1 (8%)
Gulfstream 3 (25%)
Bombardier 4 (34%) Boeing 1 (4%) Embraer 1 (5%)
Gulfstream 8 (36%)
Bombardier 6 (27%)
Embraer 2 (17%)
Hawker 1 (8%)
Gulfstream 62 (47%)
Hawker 2 (2%)
Bombardier48 (36%)
Dassault 7 (5%)
Boeing 6 (5%) Airbus 4 (3%)
Embraer 3 (2%)
Embraer 20 (7%)
Bombardier 75 (25%)
Hawker 12 (4%)
Dassault34 (11%)
Cessna39 (13%)
Macau
Hong KongChina
Taiwan
12 22
300 132
Fleet by OEM & Countries – Top MarketsASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 19
India
South KoreaJapan
Thailand
53+23+10+6+4+2+2+G 38+29+14+9+5+5+GAirbus 1 (2%)
Dassault 2 (4%)
Boeing 5 (25%)
Gulfstream 2 (10%)
Hawker 1 (5%) Airbus 1 (5%)
Cessna 8 (40%)
Hawker 3 (6%)
Cessna 26 (53%)
Boeing 1 (2%)
Bombardier5 (10%)
Bombardier3 (15%)
Gulfstream11 (23%)
24+21+21+13+11+8+1+1+G 31+24+21+9+6+6+3+GHawker 7 (21%)
Embraer 17 (12%)
Dassault 3 (9%)
Gulfstream 12 (8%)
Gulfstream 10 (31%)
Cessna 8 (24%)
Dassault19 (13%)
Bombardier 31 (22%)
Boeing 1 (1%)
Airbus 2 (1%)
Cessna 32 (22%)
Hawker 31 (21%)
Airbus 2 (6%)
Boeing 2 (6%) Bombardier 1 (3%)
49 20
145 33
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201520
Singapore
MalaysiaPhilippines
Indonesia
22+22+20+18+8+6+2+2+G 33+20+18+15+4+4+2+2+2+GDornier 1 (2%)
Westwind 3 (6%)
Boeing 2 (4%)
Airbus 2 (4%)
Eclipse 1 (2%)Hawker 1 (2%)
Embraer 1 (2%)Dassault 4 (8%)
Gulfstream 10 (20%) Gulfstream 8 (18%) Cessna 9 (20%)
Airbus 1 (2%)
Hawker9 (18%)
Dassault7 (15%)
Cessna 11 (23%)
Bombardier15 (33%)
Bombardier10 (20%)
44+29+11+5+3+2+2+2+2+G 25+25+19+13+8+4+4+2+GGulfstream7 (13%)
Cessna 4 (8%)
Embraer7 (11%)
Hawker 3 (5%)
Bombardier 29 (46%)
Bombardier 13 (25%)
Gulfstream 18 (28%)
Boeing 2 (4%)
Dassault 2 (4%) BAE 1 (2%)Cessna 1 (2%)
Airbus 1 (2%)
Boeing 2 (3%)
Sabreliner 1 (1%)
Nextant 1 (2%)
Embraer 13 (25%)Hawker 10 (19%)
49
63 52
46
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 21
40+34+8+5+4+4+3+2+G 50+17+9+8+8+8+GOthers 3 (2%)
Cessna 73 (40%)
Dassault 8 (4%)
Gulfstream 2 (17%)
Bombardier 1 (8%) Dassault 1 (8%)
Cessna 6 (50%)
Westwind 8 (4%)
Bombardier 64 (35%)
Embraer 5 (3%)
Gulfstream 9 (5%)
Westwind 1 (8%)
Nextant1 (9%)
Hawker14 (7%)
New ZealandAustralia
184 12
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201522
11+24+22+20+15+8+GLight 220 (20%) Large 253 (22%)
Medium 175 (15%)
Corp. Airliner 123 (11%)Very Light 86 (8%)
Long Range 277 (24%)
ASIA PACIFIC REGION
Fleet by Size Category – Asia Pacific Region
3346494952
63
132145
184
300
11133331212
2022
Sam
oa
New
Cal
edon
ia
Mya
nmar
Papu
a Ne
wGu
inea
Cam
bodi
a
Brun
ei
Bang
lade
sh
New
Zea
land
Mac
au
Sout
h Ko
rea
Taiw
an
Thai
land
Mal
aysi
a
Philip
pine
s
Japa
n
Indo
nesi
a
Sing
apor
e
Hong
Kon
g
Indi
a
Aust
ralia
Chin
a
Corp. Airliner 60 2 8 15 3 4 2 3 4 4 5 6 3 3 1 123 +8%
Long Range 81 31 18 71 17 9 12 2 9 7 7 4 3 3 1 1 1 277 +11%
Large 79 26 33 34 22 18 5 10 11 3 2 1 5 1 1 1 1 253 +7%
Medium 38 21 36 12 11 7 4 14 13 10 5 1 1 1 1 175 -2%
Light 24 78 35 7 12 20 16 7 6 3 5 4 2 1 220 +6%
Very Light 18 26 15 3 2 6 4 2 3 3 4 86 +4%
Total 300 184 145 132 63 52 49 49 46 33 22 20 12 12 3 3 3 3 1 1 1 1,134
% Change from 2014
+4% +7% +4% 14% 16% 11% 11% -4% 16% -8% 50%++ + + ++
Total % ChangeFrom 2014
1,134
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 23
ASIA PACIFIC REGION
Corp. Airliner 60 2 8 15 3 4 2 3 4 4 5 6 3 3 1 123 +8%
Long Range 81 31 18 71 17 9 12 2 9 7 7 4 3 3 1 1 1 277 +11%
Large 79 26 33 34 22 18 5 10 11 3 2 1 5 1 1 1 1 253 +7%
Medium 38 21 36 12 11 7 4 14 13 10 5 1 1 1 1 175 -2%
Light 24 78 35 7 12 20 16 7 6 3 5 4 2 1 220 +6%
Very Light 18 26 15 3 2 6 4 2 3 3 4 86 +4%
Total 300 184 145 132 63 52 49 49 46 33 22 20 12 12 3 3 3 3 1 1 1 1,134
% Change from 2014
+4% +7% +4% 14% 16% 11% 11% -4% 16% -8% 50%
Corporate Airliner
Dornier 328JETBoeing 727-100Boeing 737-400Boeing 747-400Boeing 757-200Boeing 767-200ERBoeing 787-8Airbus A319ERAirbus 340-200ACJ318ACJ319ACJ320ACJ330BBJBBJ2Challenger 800/850Challenger 870CRJ100/200/VIPERJ135ER/LRLineage 1000BAE 146
Long Range
Falcon 7XGulfstream G500*Gulfstream G550Gulfstream G650Gulfstream G650ERGlobal 5000Global 6000Global ExpressGlobal Express XRSGulfstream V
Large
Challenger 600/601Challenger 604Challenger 605Falcon 2000/DX/EX EASyFalcon 2000LX/LXSFalcon 2000SFalcon 900/C/DXFalcon 900EX/EASyFalcon 900LXGulfstream G300/G350Gulfstream G450Gulfstream IIGulfstream IIIGulfstream IV/IV-SPLegacy 600Legacy 650
Medium
Challenger 300/350Citation Sovereign/+Citation X/+Falcon 20D/F-5Falcon 50Gulfstream G100/G150Gulfstream G200Gulfstream G280Hawker 1000A/BHawker 4000Hawker 700A/B/750Hawker 800A/B/850XP/XPI/125-1AHawker 900XPLearjet 60/XRLegacy 500
Light
Citation 500/I/SPCitation CJ2/+Citation CJ3Citation CJ4Citation Encore/+Citation Excel/XLS/+Citation III/VI/VIICitation S/II/Bravo/II/SPCitation Ultra/VFalcon 10Hawker 400/A/B/Diamond IHawker 400XPLearjet 31/ALearjet 35/A/36/ALearjet 40Learjet 45/XRLearjet 75Nextant 400XT/XTiPhenom 300Sabreliner 65Westwind 1/2
Very Light
Citation 525/CJ1/+/M2Citation MustangEclipse 500Learjet 24/B/D/E/25BPhenom 100Premier I/IA
Size Category Description
* Gulfstream G500 is a former variant of the G550, introduced into service in 2004.
ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 201524
Kevin Wu, Vice President International Sales Greater China and Mongolia
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201524
ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2015 25
Kevin Wu is the International Vice President, Greater China & Mongolia Sales for Textron Aviation. He also services as Chairman of the Asian Business Aviation Association (AsBAA) and Co-Chairman of the Aerospace Forum under the American Chamber of Commerce (AmCham) in China.
Wu’s 30-year aviation career had its seeds planted as early as his high school days when during the high education examination periods in China, he had to pick a field as his career. “Aviation at the time was a dream that was far out of reach of most ordinary people’s lives,” he said. Naturally drawn to breaking new ground and overcoming obstacles, Kevin saw opportunities where others saw hurdles. “I decided that it was worth taking the chance to apply into the aviation sector. If I applied, at least I would have a fighting chance,” recalled Wu.
With a degree in Air Traffic Management from the prestigious Civil Aviation University of China (CAUC) in Tianjin, for the next six years following his graduation Wu honed his skills as an air traffic controller in the Xi’an and Guilin international airports. “It was during this time that I developed so many skills that are still serving me to this day, including clear, concise, and precise communications, self discipline, multitasking, having sound understanding of what’s happening around you, understanding other people, and able to quickly find a solution.” Wu also spent a considerable amount of time doing ATC on-the-job training at the Malmo and Arlanda International Airport in Sweden, as well as the Copenhagen International Airport in Denmark. All of these opportunities had offered him first hand exposure to the Western culture, broadening his scope in the industry that eventually became critical for his later endeavors.
With China’s goal of establishing world class aviation standards in the 1990’s, Wu’s ski l ls and broad international experience saw him become Senior Lecturer at the same university he had just graduated from six years prior. For the next five years, Wu trained some of the brightest and most ambitious minds that went on to serve China’s aviation industry, including air force ATC officers, as well as international ATC officials from Southeast Asia and Africa. At the same time, Wu became Deputy to ICAO Project Director, establishing training curriculums and courses that are still in place and taught to this day.
By the time that Wu had 15 years of lecturing under his belt, he was Executive Director of the International Department at the Civil Aviation University of China, with extensive experience in U.S.-China programs and negotiations in both the government and private sectors. It was at this time that Wu found his next calling with the American global aerospace and defense company Lockheed Martin, where he served in sales and business development capacities. “It was perhaps the biggest change for me psychologically, making the switch from providing training programs at the CAUC to working in the
Western, corporate environment of Lockheed Martin, but I enjoyed it,” says Wu. When asked about the challenges and obstacles that he had to overcome during this transition, Wu says that there were “language and cultural challenges, and the adjustment of understanding why people from different cultures think so differently. But that was the value I brought to the table too - my technical background combined with an understanding of both the East and the West, including from my experience abroad in Sweden.”
After half a decade with Lockheed Martin, Kevin left as Business Development Director, Greater China Region to join Textron Inc., the global leader in general aviation, as VP for Strategy, Business Development and Government Affairs, and later transferred to the Cessna Aircraft Company to oversee North Asia for Sales & Market Development. Following Cessna and Beechcraft’s consolidation into Textron Aviation Inc in 2014, Wu currently leads and coordinates the sales, marketing, and customer service efforts in North Asia. “I see great prospects ahead for Textron Aviation. We are not just here to receive, but here to give and share. We have a strong team with localized insights that meet real demands,” says Wu.
In Wu’s spare time, he continues to inspire and shape the next generation’s minds at the request of various universities, providing first class instruction and training. Wu also spends time inspiring the youth through AsBAA initiatives, most recently with visiting selected schools in Beijing, Tianjin, Chengdu, Nanjing, and Shanghai to provide seminars. In asking what advice he could give to the next generation, Wu says, “at first, try everything - learn as much as you can beyond your own designated major or subjects so that you become well-rounded. Then in the next few years, identify your real passions and gradually focus on one or two of them so that you become a specialist. Then when you have the opportunity, become a generalist so that you move into management with the solid foundation and insight of a specialist.” Wu reminds the youth that “In the end, all fields have their commonality in where they began. That is why you must take your time to find yours and nurture it.”
25ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201526
2015 FLEET BREAKDOWN BY OEM ASIA PACIFIC REGION
The top three ranked OEMs in the Asia Pacific region, by market share, are Bombardier, Gulfstream and Cessna.
• Bombardier’s share of the Asia Pacific market at the end of 2015 was 27% (306 aircraft) – with its top 3 markets being China (75 aircraft), Australia (64 aircraft) and Hong Kong (48 aircraft). Its most popular models in the Asia Pacific region are the Challenger 605 (39 aircraft), Global 6000 (35 aircraft) and the Global 5000 (33 aircraft).
• Gulfstream’s share of the Asia Pacific market was 23% (264 aircraft) – with its top 2 markets being China (98 aircraft) and Hong Kong (62 aircraft). Its most popular models in the Asia Pacific region are the G550 (94 aircraft) and the G450 (72 aircraft).
• Cessna’s share of the Asia Pacific market was 19% (220 aircraft) – with its top market being Australia (73 aircraft) and its most popular models being the Citation II / Bravo family (38 aircraft).
• Hawker’s share of the Asia Pacific market was 9% (98 aircraft) – with its best market being India (31 aircraft) and its most popular models being the Hawker 800/850 family (38 aircraft). *
• Dassault’s share of the Asia Pacific market was 8% (91 aircraft) – with its best market being China (34 aircraft) and its most popular model being the Falcon 7X (36 aircraft).
• Embraer’s share of the Asia Pacific market was 6% (69 aircraft) – with its largest markets being China (20 aircraft), India (17 aircraft) and Indonesia (13 aircraft). Its most popular models are the Legacy 600/650 family (41 aircraft).
• Airbus’s share of the Asia Pacific market was 3% (34 aircraft) with its best market being China (14 aircraft) and its most popular model being the ACJ319 (18 aircraft).
• Boeing’s share of the Asia Pacific market was 3% (33 aircraft), with its best markets being China (8 aircraft), Hong Kong (6 aircraft) and Korea (5 aircraft). Its most popular model in the Asia Pacific region is the BBJ1 (22 aircraft).
*Note: Hawker was acquired by Cessna’s parent company, Textron, 2014; and the Hawker business jet line has since been discontinued.
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 27
41+11+9+6+6+6+3+3+3+3+3+3+3+GFleet by Major OEM – Asia Pacific Region
Macau 1 (3%)Japan 1 (3%)Brunei 1 (3%)
Australia 1 (3%)
Thailand 2 (6%)
Malaysia 2 (6%)
India 2 (6%)
Hong Kong 4 (11%)
Taiwan 3 (9%)
China 14 (41%)
Airbus
34
Philippines 1 (3%)Singapore 1 (3%)
South Korea 1 (3%)
14
4 3 2 2 2 1 1 11 1 11
Chin
a
Hon
g Ko
ng
Taiw
an
Indi
a
Mal
aysi
a
Thai
land
Brun
ei
Aust
ralia
Japa
n
Mac
au
Phili
ppin
es
Sing
apor
e
Sout
h Ko
rea
A319ER 3 3
A340-200 1 1
ACJ318 3 2 2 1 8 +1
ACJ319 7 2 1 2 1 1 1 1 1 1 18 +4
ACJ320 1 1 1 3 +1
ACJ330 1 1
Total 14 4 3 2 2 2 1 1 1 1 1 1 1 34
Change from 2014 +4 -2 +1 +1 +1 +1 +6
Total
Change from 2014
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201528
23+17+18+6+6+6+6+6+3+3+3+3+GBoeing
Australia 1 (3%) India 1 (3%)
China 8 (23%)
Hong Kong 6 (18%)
South Korea 5 (15%)Brunei 2 (6%)
Indonesia 2 (6%)
Malaysia 2 (6%)
Thailand 2 (6%)
Singapore 2 (6%)
8 6 522 2 2 2 1 1 11
Chin
a
Hon
g Ko
ng
Sout
h Ko
rea
Brun
ei
Indo
nesi
a
Mal
aysi
a
Sing
apor
e
Thai
land
Aust
ralia
Indi
a
Japa
n
Taiw
an
33
Japan 1 (3%)Taiwan 1 (3%)
* includes one B737-200 ADVANCED which left Malaysia
B727-100 1 1 2
B737-400 1 1
B747-400 1 1
B757-200 1 1
B767-200ER 1 1
BBJ 7 5 5 1 1 1 1 1 22 +2
BBJ2 1 1 1 1 1 5
Total 8 6 5 2 2 2 2 2 1 1 1 1 33
Change from 2014 +3 +1 -1 -1 -1 +1*
Total
Change from 2014
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 29
24+20+16+12+9+4+4+4+2+2+1+1+1+GBombardier
Taiwan 6 (2%)
Philippines 10 (3%)
Indonesia 13 (4%)
Malaysia 15 (5%)
Singapore 29 (9%)
India 31 (10%) Australia 64 (21%)
Hong Kong 48 (16%)
China 75 (24%)
Macau 4 (1%)
South Korea 3 (1%)
Others 3 (1%)
Japan 5 (2%)
306
48
3129
15 13 106 35 4 11
Hon
g Ko
ng
Sing
apor
e
Indi
a
Mal
aysi
a
Indo
nesi
a
Taiw
an
Phili
ppin
es
Japa
n
Mac
au
Sout
h Ko
rea
Mya
nmar
New
Zea
land
75
Chin
a
64
Aust
ralia
1
Thai
land
Challenger 300/350 5 2 6 3 1 1 18 +1
Challenger 600/601 4 1 1 1 7
Challenger 604 2 13 3 4 2 24 +4
Challenger 605 13 9 3 7 2 1 1 1 2 39 +5
Challenger 800/850 15 4 1 1 1 22 +2
Challenger 870 12 12 +1
CRJ100/200/VIP 7 1 1 1 10
Global 5000 3 12 5 6 3 3 1 33 +4
Global 6000 7 4 11 3 5 1 1 1 2 35 +13
Global Express 2 8 3 1 1 2 1 18 -1
Global Express XRS 1 13 3 2 2 2 1 2 2 1 1 30 +1
Learjet 40 1 1
Learjet 75 1 1 +1
Learjet 24/B/D/E/25B 1 2 1 4
Learjet 31/A 1 3 2 1 7 +2
Learjet 35/A/36/A 5 15 2 2 1 25
Learjet 45/XR 4 2 1 7
Learjet 60/XR 3 1 1 3 3 2 13
Total 75 64 48 31 29 15 13 10 6 5 4 3 1 1 1 306
Change from 2014 -1 +10 +10 +4 +5 +4 -1 +2 +1 -1 +33
Total
Change from 2014
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201530
33+17+14+12+5+4+4+4+3+2+2+G China 39 (18%)
CessnaIndonesia 4 (2%)
South Korea 8 (4%)
Malaysia 9 (4%)
Japan 26 (12%)
Philippines 11 (5%) Australia 73 (33%)
Others 4 (2%)
New Zealand 6 (3%)
Thailand 8 (3%)
India 32 (14%)
220
73
3932
26
11 9 8 8 461 12
Aust
ralia
Chin
a
Indi
a
Japa
n
Phili
ppin
es
Mal
aysi
a
Thai
land
Sout
h Ko
rea
New
Zea
land
Indo
nesi
a
Papu
a N
ewG
uine
a
Sing
apor
e
New
Cal
edon
ia
* includes one aircraft which left Hong Kong
Citation CJ3 3 1 1 5
Citation CJ4 3 1 1 1 1 7 +3
Citation Mustang 9 4 1 3 1 2 4 24 +1
Citation Encore/+ 2 2 4
Citation Sovereign/+ 5 4 3 2 4 18 -2
Citation X/+ 2 1 2 1 6
Citation 500/I/SP 9 1 1 1 12 +2
Citation S/II/Bravo/II/SP 20 4 7 1 3 2 1 38 +3
Citation CJ2/+ 3 11 7 21 -1
Citation Excel/XLS/+ 1 12 9 4 3 29 +2
Citation III/VI/VII 5 1 1 1 1 1 10
Citation Ultra/V 4 1 4 1 4 14
Citation 525/CJ1/+/M2 10 13 2 3 1 3 32
Total 73 39 32 26 11 9 8 8 6 4 2 1 1 220
Change from 2014 +2 +3 +1 +1 +1 +3 -2 +8*
Total
Change from 2014
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 31
37+21+9+8+8+5+3+2+2+2+1+1+1+GDassault
Indonesia 2 (2%)Bangladesh 2 (2%)
Japan 2 (2%)
Thailand 3 (3%)
Philippines 4 (5%)
Malaysia 7 (8%)
Hong Kong 7 (8%)
Australia 8 (9%)
China 34 (37%)
India 19 (21%)
Papua New Guinea 1 (1%)
Macau 1 (1%)New Zealand 1 (1%)
91
34
19
8 7 7 4 3 2 22 1 11
Chin
a
Indi
a
Aust
ralia
Hon
g Ko
ng
Mal
aysi
a
Phili
ppin
es
Bang
lade
sh
Thai
land
Indo
nesi
a
Japa
n
Mac
au
New
Zea
land
Papu
a N
ewG
uine
a
* includes one aircraft which left Singapore
Falcon 10 1 1
Falcon 2000S 1 1 2 +1
Falcon 50 1 1 2
Falcon 7X 26 2 2 4 1 1 36
Falcon 900LX 4 2 1 7
Falcon 2000/DX/EX EASy 11 1 1 13 +2
Falcon 2000LX/LXS 2 3 1 2 1 2 1 1 13 +1
Falcon 20D/F-5 2 2 4
Falcon 900/C/DX 1 1 1 1 2 6
Falcon 900EX/EASy 3 1 1 1 1 7 +1
Total 34 19 8 7 7 4 3 2 2 2 1 1 1 91
Change from 2014 +2 +2 +1 -1 +1 +1 +5*
Total
Change from 2014
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201532
29+25+19+10+7+4+3+2+1+G India 17 (25%)
Embraer
Macau 2 (3%) Malaysia 1 (2%)
Hong Kong 3 (4%)
Australia 5 (7%)
Indonesia 13 (19%)
Singapore 7 (10%)
69
China 20 (29%)
Taiwan 1 (1%)
20
1317
7 5 3 2 1 1
Chin
a
Indi
a
Indo
nesi
a
Sing
apor
e
Aust
ralia
Hon
g Ko
ng
Mac
au
Mal
aysi
a
Taiw
an
* includes one aircraft which left Vietnam
Legacy 500 1 1 +1
Legacy 600 2 7 6 1 1 1 1 19
Legacy 650 14 5 2 1 22 +1
Lineage 1000 4 1 1 1 1 8 -1
Phenom 100 1 6 1 3 1 12 +2
Phenom 300 1 1 3 5
ERJ135ER/LR 2 2
Total 20 17 13 7 5 3 2 1 1 69
Change from 2014 +2 +1 +1 +1 -1 +3*
Total
Change from 2014
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 33
37+23+8+5+4+4+4+4+3+2+2+1+1+1+1+GGulfstream
Malaysia 8 (3%)
Indonesia 7 (3%)
Taiwan 8 (3%)
Australia 9 (4%)
Thailand 10 (4%)
Phillippines 10 (4%)
India 12 (5%)
Japan 11 (4%)
Singapore 18 (8%) Hong Kong 62 (23%)
China 98 (37%)
Cambodia 3 (1%)
Macau 3 (1%)
264
98
18 12 11 10
62
10 9 88 7 3 3 2 2 1
Chin
a
Hon
g Ko
ng
Sing
apor
e
Indi
a
Japa
n
Phili
ppin
es
Thai
land
Aust
ralia
Mal
aysi
a
Taiw
an
Indo
nesi
a
Cam
bodi
a
Mac
au
New
Zea
land
Sout
h Ko
rea
Sam
oa
G100/G150 1 1 1 2 5
G200 10 6 2 4 2 4 2 1 1 1 33 -1G280 4 1 2 7 +3G300/G350 1 1 2 +1G450 40 16 6 3 1 2 2 1 1 72 +6G500 1 1
G550 41 26 5 3 1 1 3 2 1 3 2 1 2 2 1 94 +4G650 9 5 1 1 2 18 +6G650ER 2 1 3 +2G-II 1 1 -1G-III 1 1 -1G-V 1 1 1 1 2 2 1 9 -2G-IV/IV-SP 2 2 2 2 2 4 3 1 18 -3Total 98 62 18 12 11 10 10 9 8 8 7 3 3 2 2 1 264
Change from 2014 +1 +9 -1 +1 +3 -1 -2 +3 +1 +14
Total
Change from 2014
South Korea 2 (1%)
Samoa 1
ASIA PACIFIC REGION
New Zealand 2 (1%)
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201534
32+15+12+10+9+7+3+3+3+2+1+1+1+1+GMalaysia 1 (1%)
South Korea 1 (1%)
Japan 3 (3%)
Thailand 7 (7%)
Philippines 9 (9%)
Indonesia 10 (10%)
Australia 14 (15%)
China 12 (12%)
India 31 (32%)
Hawker
98
Singapore 3 (3%)
Hong Kong 2 (2%)
Bangladesh 1 (1%)
Taiwan 3 (3%)
31
14 12 10 97
3 23 11 113
Indi
a
Aust
ralia
Chin
a
Indo
nesi
a
Phili
ppin
es
Thai
land
Sing
apor
e
Mal
aysi
a
Taiw
an
Hon
g Ko
ng
Sout
h Ko
rea
Mac
au
Bang
lade
sh
Japa
n
Hawker 4000 2 1 1 4
Hawker 400XP 1 1 2 2 6
Hawker 900XP 7 2 2 5 16 -2Hawker 400/A/B/Diamond I 2 2 1 2 2 2 1 12
Hawker 1000A/B 1 1 2 -1Hawker 700A/B/750 2 5 1 8
Hawker 800A/B/ 850XP/XPI/125-1A 11 6 8 1 3 4 1 1 2 1 38 -2
Premier I/IA 6 2 2 1 1 12
Total 31 14 12 10 9 7 3 3 3 2 1 1 1 1 98
Change from 2014 -1 -2 -2 +1 -1 -5
Total
Change from 2014
Macau 1 (1%)
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 35
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201536
Taj Air Metrojet Aviation (TAMA)
Prashant Bhushan,CEO
TAMA provides maintenance, repair and overhaul (MRO) services for business jets based in India. It is a joint venture between Taj Air, an executive charter service in India which is part of the publicly-listed multinational conglomerate TATA Group, and Metrojet, a business jet operator in Asia which is part of the Kadoorie group. The joint venture brings together nearly 40 years of combined business jet and aviation maintenance expertise into a single company, committed to providing unparalleled service to customers.
TAMA is a fully certified CAR 145 maintenance repair station with approvals from the DGCA in India to maintain the Falcon 2000, Falcon 2000EX, P.180 Avanti II, Gulfstream G550, G200, and Hawker (700/800/900) business jets. TAMA is an Authorized Service Center for Dassault Falcon for the Falcon 2000 and 2000EX and manages the largest fleet of Dassault Falcon business jets in India. TAMA can carry out maintenance on Falcon 2000 aircraft fitted with CFE738-1-1B engines, Falcon 2000EX EASy aircraft fitted with Pratt & Whitney 308C engines and Piaggio P180 Avanti II aircraft fitted with P&W PT6A-66B engines.
TAMA currently operates out of a state-of-the-art hangar in Mumbai and also provides line maintenance at other key locations in India such as Kolkata, Chennai and Delhi. With a team of over 30 highly experienced and skilled maintenance professionals, combined with top quality infrastructural support
and an extensive spare parts inventory, TAMA is ready to provide immediate maintenance support around the clock to Asia’s high flyers.
TAMA manages most of the India-registered Falcon 2000 and Falcon 2000EX EASy aircraft in the country. Besides its affiliate Taj Air, its customers include top corporate business entities in India and other discerning private customers.
The scope of services offered by the company include:
• Line & Base maintenance• Avionics line maintenance• Interior & exterior cleaning• Tyre change and maintenance on aircraft wheels• Maintenance of Ni-Cd batteries installed in aircraft• CVR and DFDR readout • AD, SB & Modification Compliance
Prashant Bhushan is the CEO of Taj Air Metrojet Aviation, having taken over the reins in 2015. A general management professional with the TATA Group, Prashant is one of the few young professionals to have moved laterally into this sector after a decade in telecommunications with the TATA Group and with experience in several general management roles in both retail and enterprise business.
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201536
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 37ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 37
What has been your experience of the Indian General Aviation market?
In the last 12 months, I have traveled extensively and had the opportunity to interact with most of the major OEMs. Over the last few years, it seems that most OEMs have seen India as a potential long-term market, but are fraught with caution given the need to create adequate infrastructure in order to realize the suppressed demand clearly present in the country. It is important for this perception to change for the better and the on-ground investments in airports & supporting ecosystems such as MRO will be the key to translating this promise into reality.
India has one of the youngest and fastest-growing wealthy populations in the world. A recent report states billionaires in India grew 333% in the last 10 years, compared to the global average of 68%. This suggests that India is a strong and high-potential market for business jets but the question in people’s mind is about whether the infrastructure will enable some of this “suppressed demand” to manifest itself adequately or not.
What do you see as some of the unique challenges or features of the General Aviation market in India?
I see the same unique characteristic exhibited in India in General Aviation as I experienced for a decade in my previous industry (telecommunications): an extreme attentiveness to the price-for-value equation. Indian owners (not just individuals, but also corporate clients) are extremely careful about money spent, even on an item such as a $20-$50M business jet. It is the DNA that is embedded in the Indian psyche, in that of its people, to not be profligate. Hence there is a compelling need to translate the promise of a brand or of great quality, into a clear and tangible value proposition for customers here. I think that also presents a great opportunity for an MRO like us, an upcoming challenger in the Indian market, to build a MRO of high quality & global standards, yet with a strong price-to-value offering. In our minds, high quality and efficient costs are not tradeoffs. One could lead to the other with the right attention to processes, quality standards, and through satisfied and motivated employees.
The fleet fragmentation in India is also quite unique. In most markets, the top 10 types of jets make up 50-60% of the volume. In India, which has a total market of about 150 business jets, there are 50-60 different types of aircraft, with several aircraft types being just one or 2-3 of each type. This puts immense pressure on creating an associated ecosystem, whether it’s the outfitting of the internal team to manage operations, MRO, pilots, or even the regulator (who too has to invest in managing and understanding these multitude of aircraft types with limited resources).
We also need to keep in mind that the high growth in domestic commercial passenger traffic in India is among the highest in the world. As per the DGCA, Indian airlines flew 81 million passengers in 2015, a 23% increase over 2014 (67.4 million). This growth is putting immense pressure on the available airport infrastructure in the country and it is a reality that General Aviation has to compete for this with commercial aviation. I think the airport authorities have done a great job, keeping pace with this growth so far, despite there being areas where they face
criticism. Airports in Delhi, Mumbai, Bengaluru and Hyderabad are all world-class in terms of passenger amenities. What is missing perhaps is the scale to allow for creating the all-important ecosystem for MROs by way of earmarking specific space for hangars, parking bays, MRO back shops, warehouses, etc.
How do you think the Government is responding to manage the demand on Aviation infrastructure in India?
The Ministry of Civil Aviation (MoCA) is trying to implement clear steps to manage the growth of aviation. For the MRO industry in particular, there is a realization that most of the opportunity (estd 90%) of MRO on Indian aircraft is being lost offshore, both because of the high-quality and OEM-approved status of MROs outside India and the lack of infrastructure and high-capability MROs in the country. The issue is a dilemma because currently certain tax norms and customs duties are stacked against Indian MROs. But at the same time if no Indian MRO invests in creating significant capability, it may give the government little confidence to reduce existing taxes and duties.
The recently released draft civil aviation policy (tabled in Oct 2015) identified the need to correct long-pending issues such as the waiver of customs duty on toolkits, spares, equipment; exemption of service tax; and the reduction of royalties on MRO. Some of these have been ratified in the recently released Union Budget. Others, we hope, would follow in due course.
What is the potential for the MRO industry in India?
The total industry size is about $800 M at the moment and is expected to increase to $2B in 2020. Naturally 90% of this is commercial MRO, given the huge expectation for fleet growth (from currently 400 commercial aircraft to 1000). Today around 90% of this is ‘exported’ out of the country. The short-term opportunity for Indian MROs is to retain a significant portion of this business in the country, but that would mean investment in capability to at least match that of neighboring MROs such as in Dubai & Singapore. In the long-term I believe that India can, and should, capitalize on two significant advantages – its geographical positioning within Asia-Pacific; and perhaps more importantly, its young, trainable workforce which can deliver quality efficiently.
What do you see as the short-term strategy for MROs such as your organization?
I would hesitate to say there is a short-term strategy that is different from the long-term, since the aviation business overall is a capital-intensive, long-cycle industry. I would say the path is the same – build stellar quality and infrastructure, while investing judiciously and in a phased manner; invest in people, systems and processes; and keep customer service and satisfaction at the heart of it all.
Above all, I believe that the Indian MRO industry must first collaborate, then compete given the small size of the available market today. Poaching (clients, employees) from each other will only lead to a race to the bottom. We must first help to generate enough confidence in potential buyers so as to make incremental aircraft purchases, then we can compete once the pie grows!
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201538
Srinagar
Chandigarh
Delhi
Amritsar
Udaipur Varanasi
Kolkata
Guwahati
Chennai
Pune Hyderabad
Nagpur
Ahmedabad
Agra
MumbaiVishakhapatnam
Goa
BangalorePort Blair
Aircraft Operation Highlights – IndiaLanding and Overflight Permit
Airport Parking & Amenities
General Aviation Operations
Airport Restrictions
Foreign-registered aircraft can only remain in India a maximum of 14 days.
Private flights can have no more than 14 passengers, special clearance needed if more than 14 pax for charters. ATC checks pax count to issue flight plan.
In Indian airspace, aircraft must be RVSM compliant and equipped with TCAS II.
Indian-registered aircraft and spare parts are subject to 12.5 VAT + 18.5% duty (if private) or +3% duty (if charter).
Most airports in India not operated 24/7
Larger airport of entry requires airport slots
Only 2 FBOs in India: New Delhi and Mumbai
Slots can be requested via either email or fax and will be known within 12 hours
Aircraft doors are sealed once parked and early access require a letter and many hours of delay
Landing permit lead time: 3 business days, or 1 business day for overflight & refueling stops.
Permits provided 24-48 hours in advance and valid for 48 hours and only 2 revisions are allowed.
At military airports: - Permits require 15-20 bus. days lead time, valid +/- 2 hours- Requires each passenger & crew’s address and father’s name- Security clearance valid for 1 hour- Approach Plates not public – ATC will assist on approach
Additional document for international departures can take 3 hours to complete
*information provided by Nexus Aviation
DGCA opens from 10:00-18:00 local Monday-Friday (no holidays) and does not issue permits after 16:00. Representative must visit, pilot in command must sign in person.
Permits for aircraft from China, Afghanistan, Pakistan or Somalia: lead time of 7 business days for landing permits and 3 business days for overflight permits.
Valid vaccination certificate needed for passengers/crew from a country endemic for yellow fever.
Mumbai (BOM / VABB):• Most challenging airport in India
• GA cannot operate between 08:00-10:00, 17:30-19:30 & 21:15-23:15
• 72-hour GA parking limitation
• Slots are hard to obtain and valid for -15/+45 min only
• Pilot in command and handler need go physically confirm a flight
Chandigarh (IXC / VICG) & Goa (GOI / VAGO):• Parking limitations – should be confirmed in advance
• Military airport with limited GSE availability
Port Blair (IXZ / VOPB):
• No Chinese national is permitted unless special clearance
• Military airport with limited GSE Availability
Bangalore (BLR / VOBL) & Delhi (DEL / VIDP) :
• Requires Slots to confirm parking
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 39
2015 GROWTH BY OEM, SIZE & COUNTRY
The Asia Pacific region grew a net* 6.2% in 2015 with the addition of 66 aircraft.
Even though New Zealand had the highest growth rate (50%), surprisingly Hong Kong was the territory which added the most net aircraft (16 aircraft) throughout the region. So despite all the operational challenges in operating to and from HK International Airport, the appeal of Hong Kong as a business jet base remains strong.
China, the largest business jet market in the Asia Pacific region, continued its slowdown from a high in 2012 to growth of just 4% in 2015. In contrast, the 2nd biggest market in the Asia Pacific region – Australia – experienced a healthy growth of 7%, and the 4th largest – Hong Kong – 14% growth.
The smaller markets of Indonesia, the Philippines and Japan all added additional aircraft and in doing so, all experienced double digit growth. Notably, markets which performed poorly in 2015 were Malaysia and Macau, both of which actually contracted, and South Korea, Thailand and Singapore which all remained stagnant registering no growth at all.
The best performing OEM in 2015 in the Asia Pacific region by growth rate was Airbus with a 21% increase of its fleet. However, in regards to the most net aircraft added, this honour goes to Bombardier with 33 additional aircraft in total, thus achieving an impressive growth rate of 12%. Gulfstream was second with 14 net aircraft added and a corresponding growth rate of 6%. Hawker was the only OEM which saw its Asia Pacific region fleet contract, which it did by 5% in 2015. All other OEM’s fleets grew from 3% to 6%.
Honours also go to Bombardier for the most popular aircraft model added to the region, which was the Global 6000 with 13 more aircraft added throughout 2015, for an impressive model fleet growth of 59%. The second highest growth was for the G650/650ER from Gulfstream with 8 additional aircraft added in total for a remarkable +62%.
Given the growing popularity of the G6000 and G650, it’s not too surprising that the Asia Pacific region size category growing the fastest in 2015 was the ‘long-range’ category with 11% (+27) more aircraft. The ‘large’ category fleet also performed well with growth of +7% in 2015 - a net addition of 17 aircraft, generally either Challengers or G450s.
The only size category where the fleet contracted in 2015 was the ‘medium’ category – a drop of 2% – and this was despite some strong growth in the Asia Pacific region for the G280.
* Net = New aircraft deliveries & pre-owned additions less aircraft that left the region (deductions).
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201540
Net Fleet Growth by Major OEM
Net Fleet Growth by Size Category
273
306
Bombardier
86 91
Dassault
250264
Gulfstream
66 69
Embraer
212 220
Cessna
28 34
Airbus
103 98
Hawker
32 33
Boeing
114123
Corp. Airliner
207220
Light
250
277
Long Range
83 86
Very Light
236253
Large
178 175
Medium
2014 2015+12%
+8%
+11%
+7%
+6%
+4%
+6%
+4%
+6%
+5%
+21% +3%
-5%
-2%
+6%
ASIA PACIFIC REGION
Fleet Breakdown – Asia Pacific Region
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 41
2014 2015
2022
BBJ
9094
Gulfstream G550
2022
Challenger 800/850
36 36
Falcon 7X
1418
ACJ319
22
35
Global 6000
11 12
Challenger 870
2933
Global 5000
10 10
CRJ100/ 200/VIP
29 30
GlobalExpress
XRS
7 8
ACJ318
12
18
Gulfstream G650
9 8
Lineage 1000
19 18
Global Express
5 5
BBJ2
119
Gulfstream V
3 3
A319ER
13
Gulfstream G650ER
2 3
ACJ320
1 1
Gulfstream G500
Corp. Airliner
Long Range
2 22 2
Dornier 328 JET
737-200ADVANCED
ERJ 135ER/LR
727-100
1 1
737-400
1 1
747-400
1 1
757-400
1 1
767-200ER
1 1
A340-200
1 1
ACJ330
1 1 11 1
BAE 146
+4
+13
Largest Fleet
Additions
Largest Fleet
Additions
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201542
2014 201566
72
Gulfstream G450
34
39
Challenger605
21 22
Legacy 650
19 19
Legacy600
2118
Gulfstream IV/
IV-SP
2024
Challenger 604
1113
Falcon 2000/DX/
EX EASy
12 13
Falcon 2000LX/
LXS
4038
Hawker 800A/ B/850XP/XPI
/125-1A
34 33
Gulfstream G200
17 18
Challenger300/350
2018
Citation Sovereign
/+
1816
Hawker 900XP
13 13
Learjet 60/XR
8 8
Hawker 700A/B/
750
Large
Medium
7 7
Challenger600/601
6 7
Falcon 900EX/
EASy
7 7
Falcon 900LX
6 6
Falcon 900/C/DX
1 2
Falcon 2000S
1 2
Gulfstream G300/G350
2 1
Gulfstream II
2 1
Gulfstream III
7
Gulfstream G280
6 6
Citation X/+
5 5
Gulfstream G100/G150
44 4
Falcon 20D/ F-5
4 4
Hawker 4000
2 2
Falcon 50
3 2 1
Hawker 1000A/B
Legacy 500
Largest Fleet
Additions+6
Highest Growth
+75%
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 43
2014 2015
Light
Very Light
35
12
5
38
12
5
Citation S/II/Bravo/
II/SP
Westwind 1/2
Phenom 300
27
10
4
29
10
4
Citation Excel/XLS/ +
Citation III/V/VII
Citation Encore/+
25
7
1
25
7
2
Learjet 35/ A/36/A
Learjet 45/XR
Nextant 400XT/XTi
22
4
1
21
7
1
Citation CJ2/+
Citation CJ4
Falcon 10
14
5
1
14
7
1
Citation Ultra/V
Learjet 31/A
Learjet 40
10
6
12
6
1
Citation 500/I/SP
Hawker400XP
Learjet 75
32 32
Citation 525/
CJ1/+/M2
23 24
Citation Mustang
1012
Phenom 100
12 12
Premier I/IA
4 4
Learjet 24/B/D/E/
25B
2 2
EA500
12
5
1
12
5
1
Hawker 400A/B/
Diamond I
Citation CJ3
Sabreliner 65
Largest Fleet
Additions
Largest Fleet
Additions
+3
+3
Highest Growth
+20%
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201544
Japan
South Korea
by Size Category
by Size Category
by Major OEM
by Major OEM
23
7
2
7
10
6
10
4
3
3
4
1
6
3
17
4
2
2
1
1
1
1
26
2
6
11
5
12
5
3
5
14
5
14
3
4
1
6
3
20
5
2
2
1
1
1
1
Cessna
Cessna
Corp. Airliner
Corp. Airliner
Dassault
Gulfstream
Light
Light
Gulfstream
Boeing
Long Range
Long Range
Airbus
Hawker
Very Light
Very Light
Bombardier
Bombardier
Large
Large
Boeing
Airbus
Hawker
Medium
Medium
+13%
+20%
+18%
8
ASIA PACIFIC REGION
Fleet Breadown by Country
2014 2015
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 45
Thailand
Philippines
by Size Category
by Size Category
by Major OEM
by Major OEM
11
10
4
2
8
11
8
7
7
2
10
13
3
4
6
15
2
9
2
3
1
10
11
4
3
8
10
7
7
10
3
10
2
2
73
3
10
14
3
4
6
16
2
9
2
4
1
1
Gulfstream
Cessna
Corp. Airliner
Corp. Airliner
Airbus
Hawker
Light
Light
Cessna
Bombardier
Long Range
Long Range
Boeing
Dassault
Very Light
Very Light
Hawker
Gulfstream
Large
Large
Bombardier
Airbus
Dassault
Medium
Medium
+43%
+43%
ASIA PACIFIC REGION
2014 2015
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201546
Malaysia
Singapore
by Size Category
by Size Category
by Major OEM
by Major OEM
15
24
4
3
8
19
7
10
6
7
14
14
1
3
7
8
3
5
1
3 3
2 1
15
29
4
3
9
18
9
8
7
11
22
17
15
20
15
7
13
11
2
3
7
7
2
3
2
2 1
1 1
1
Bombardier
Bombardier
Corp. Airliner
Corp. Airliner
Boeing
Hawker
Light
Light
Cessna
Gulfstream
Long Range
Long Range
Airbus
Boeing Cessna
Very Light
Very Light
Gulfstream
Embraer
Large
Large
Hawker Embraer
Airbus
Dassault
Medium
Medium
2014 2015-20%
+29%-27%
+21%
-40%-67%
1
Dassault
+13%+10%
-21%
ASIA PACIFIC REGION
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 47
Indonesia
by Size Category
by Major OEM
13
4
913
4
10
4
7
2
11
42 2
13
4
8
9
10
1817
7
7
2
12
42 2
Embraer
Corp. Airliner
Cessna
Light
Bombardier
Long Range
Dassault Boeing
Very Light
Hawker
Large
Gulfstream
Medium
2014 2015+44%
+75%
+125%
ASIA PACIFIC REGION
ASIA PACIFIC REIGION BUSINESS JET FLEET REPORT – YEAR END 201548
GREATER CHINA OVERVIEW
GREATER CHINA
Greater China (China, Hong Kong, Macau and Taiwan) is the largest business jet market in the Asia Pacific region. It therefore warrants its own special section and analysis. It is also the market that ASG has followed the longest – since 2012.
In 2015, Greater China only added 29 net aircraft – 39 new deliveries, 28 pre-owned deliveries but 38 aircraft also left the region. This total of 29 is down 50% versus 2014. The pre-owned additions & deductions have only marginally changed versus 2014 (up 8% and 9% respectively). So 2015’s poor performance is strictly due to a decline in new aircraft deliveries which were 28 fewer than in 2014, a drop of 42%.
New aircraft deliveries peaked in 2014 with an addition of 67 new aircraft. Given that new deliveries are a consequence of OEM orders placed years before, these deliveries were probably the result of orders placed before 2013 and prior to the implementation of certain PRC Government initiatives and policy actions which decreased the demand for new business jets. 2015’s drop of 42% in new aircraft deliveries is therefore a worrying sign for 2016 and on, as it would seem to signify that the OEM sales funnel for Greater China has little backlog.
Of the 29 additions, Hong Kong was responsible for 16 aircraft, China 11, Taiwan 3 and Macau’s fleet contracted by 1 aircraft.
On a net basis in 2015, the most popular aircraft addition in Greater China was the Global 6000 (+7 aircraft) followed by the G650 (+6 aircraft).
Looking just at new aircraft deliveries, Gulfstream was the OEM who delivered the most aircraft into Greater China in 2015 (+15 aircraft), and the top 4 aircraft models delivered were the Global 6000 (+6), G650 (+5) and the Challenger 605 and G550 (+4 each). Deliveries of most other models were similar or down from 2014.
For pre-owned additions, again Gulfstream had the most deliveries (10 aircraft) and the most popular types were the G450 (+6 aircraft) followed by the ACJ319 (+3 aircraft).
Gulfstream suffered the most deductions too in 2015 (-15 aircraft) with the prevalent models leaving the Asia Pacific region being the G550 (-5 aircraft), Global Express XRS (-4 aircraft), the G450 and G200 (both -3 aircraft each).
Examining the operators in Greater China, those which saw significant gains in 2015 included BAA, Jet Aviation, SinoJet and Hong Kong Jet. Those that saw decreased results were Deer Jet, TAG Aviation and Metrojet (however it should be noted that Hong Kong jet is a division of Deer Jet, so considering the combined group’s results, Hong Kong Jets’ gains functioned to minimise the impact of reduced mainland activity on Deer Jet’s fleet.
ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2015 49
Aircraft Additions and Deductions
201529 Net Additions
201458 Net Additions
201364 Net Additions
67
29
-38
Additions
Net Additions
Deductions
39 New Deliveries 28 Pre-owned
93
58
-35
Additions
Net Additions
Deductions
67 New Deliveries 26 Pre-owned
106
64
-42
Additions
Net Additions
Deductions
56 New Deliveries 50 Pre-owned
GREATER CHINA
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201550
GREATER CHINA
Deductions (-38)
New Deliveries (39)
Pre-owned (28)
1 3
-1
-1
-1
-1
-1
-1
-1
1
11
1
1
1-1
-1
23
4
21
1
1
1
-3
-3
-5
-1
-1
5
4
6
-3
-2
-2
2
2
3
-4
2
22
1
1
1
1
1
1
1
-1
6
-2
-2
1
ACJ319
BBJ
Global 6000
Global 5000
Citation MustangCitation Excel/XLS/+
Falcon 7X
G450
G-VG-IV/IV-SP
Legacy 650
G280
ACJ318
Challenger 605
Global Express XRS
Citation Sovereign/+
Falcon 2000LX/LXS
G650
Hawker 900XP
Phenom 100
G650ER
ACJ320
Challenger 800/850Challenger 870
Challenger 300/350
Falcon 900LX
G550
Hawker 800A/B/ 850XP/XPI/125-1A
Lineage 1000
G200
ACJ330
Airb
usBo
eing
Bom
bard
ier
Cess
naD
assa
ult
Embr
aer
Gul
fstre
amH
awke
rNet Additions in 201529 in total
+3
+4
+1
+1
+1
-1
+10
+10
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 51
New Deliveries by OEM
19
25
15
Gulfstream
10
1613
Bombardier
149
2
Dassault
8 83
Embraer
2 2 2
Airbus
1 2 3
Boeing
125
Cessna
2013 2014 2015
GREATER CHINA
OEM MODEL 2013 2014 2015
Airbus
ACJ318 1 1
ACJ319 1 1
ACJ320 1
ACJ330 1
BoeingBBJ 1 3
BBJ2 2
Bombardier
Challenger 300/350 1 1
Challenger 605 4 4
Challenger 800/850 1 1
Challenger 870 6 1
Global 5000 1 3
Global 6000 3 7 6
Cessna
Citation CJ1 1
Citation Excel/XLS/+ 1
Citation Mustang 2
Citation Sovereign/+ 1
Citation XLS/+ 3
Dassault
Falcon 2000 1 1
Falcon 2000LX/LXS 1
Falcon 7X 11 7 1
Falcon 900LX 2 1
Embraer
Legacy 650 5 5 2
Lineage 1000 2 3
Phenom 100 1
Phenom 300 1
Gulfstream
G280 4 3
G450 13 8 2
G550 5 11 4
G650 1 2 5
G650ER 1
Total 56 67 39
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201552
Pre-owned Additions by OEMGREATER CHINA
17
9 10
Gulfstream
19
6 7
Bombardier
2 2 2
Boeing
1 1
Embraer
14 3
Dassault
3 4
Airbus
511
Cessna
OEM MODEL 2013 2014 2015
Airbus
ACJ318 1
ACJ319 2 3
ACJ320 1
Boeing BBJ 2 2 2
Bombardier
Challenger 604 3
Challenger 605 3
Challenger 800/850 5 1 2
CRJ200VIP 1
Global 5000 3 1 2
Global 6000 2 1 1
Global Express 1 1
Global Express XRS 2 1 2
Learjet 60/XR 1
Cessna
Citation Mustang 1
Citation Sovereign/+ 2 1
Citation VI 1
Citation X 1
Citation XLS 1
Dassault
Falcon 2000LX 1
Falcon 7X 1 2 2
Falcon 900LX 1 1
EmbraerLegacy 600 1
Lineage 1000 1
Gulfstream
G100 1
G200 3 3 1
G450 6 3 6
G550 7 3 1
G650 1
G650ER 1
Hawker
Hawker 400/A/XP 1
Hawker 4000 1
Hawker 800A/B/850XP/XPI/125-1A 2 1
Total 50 26 28
2013 2014 2015
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 53
Deductions by OEMGREATER CHINA
1115 15
Gulfstream
11 10 10
Bombardier
3 3 4
Dassault
1 3
Airbus
1 2
Embraer
94 2
Hawker
63 1
Cessna
1
Boeing
2013 2014 2015
OEM MODEL 2013 2014 2015
Airbus
ACJ318 1
ACJ319 1
ACJ320 1
ACJ330 1
Boeing BBJ 1
Bombardier
Challenger 300/350 1 2
Challenger 601 2
Challenger 605 4 2 1
Challenger 800/850 1
CRJ200VIP 1
Global Express 3 2
Global Express XRS 2 4
Global 5000 1 2
Global 6000 1 1
Learjet 60/XR 1
Cessna
Citation CJ3 1
Citation XLS/+ 5
Citation Sovereign/+ 1 1 1
Citation VI/VII - 1
Dassault
Falcon 900LX 1
Falcon 2000 3
Falcon 2000LX 2
Falcon 7X 1 3
EmbraerLegacy 650 1
Lineage 1000 1 1
Gulfstream
G200 4 4 3
G450 6 5 3
G550 6 5
G-IV/IV-SP 1 2
G-V 2
Hawker
Hawker 750 4
Hawker 800A/B/XP/850XPI/125-1A 2 1
Hawker 900XP 2 1 1
Hawker 4000 1 3
Total 42 35 38
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201554
GREATER CHINA
Fleet by Operator & ModelsDeer Jet
201366
201468
201559
ACJ3
19
2 2 2
Gulfs
tream
G20
0
6 74
Gulfs
tream
V
3 31
BBJ
2 2 2
Gulfs
tream
G550
212020
Falc
on 7
X
3 4 4
Haw
ker 8
00A/
B/
XP/X
PI/1
25-1
A
6 6 5
ACJ3
20
1 1
Gulfs
tream
G45
0
121314
Falc
on 2
000S
1 1
Haw
ker
4000
2 1 1Ch
alle
nger
605
1 1 1
Gulfs
tream
IV/I
V-SP
4 41
Falc
on 9
00LX
1 1
Haw
ker
900X
P
3 2 1
Glob
al 6
000
1
TAG Aviation
201325
201435
201530
AC
J319
1
Chal
leng
er 6
05
11 2 2
Glob
al E
xpre
ss
1 1 1
Chal
leng
er 6
04
22 1 1Li
neag
e 10
00
Lega
cy 6
50
1 1 11 1
Glob
al 6
000
42
7
2 2
Gulfs
tream
G45
0
Falc
on 9
00LX
1 1
Chal
leng
er 8
00/8
50
4 4 3 36
3
Falc
on 7
X
Falc
on 2
000L
X
1 1 1
Lear
jet 6
0/XR
Glob
al E
xpre
ss X
RS
1 1
Gulfs
tream
G55
0
1 1
Gulfs
tream
G65
0
1
Glob
al 5
000
6 7 6
BAA
201340
201445
201554
ACJ3
18
2 1 2
Chal
leng
er 6
05
4 4 3
Cita
tion
525/
CJ1
/+/M
2
1 1 1
ACJ3
19
11 1 1 2
Line
age
1000
Falc
on 9
00LX
3 2 2
Lear
jet 6
0/XR
11 1
8 7 8
Gulfs
tream
G45
0
Gulfs
tream
G28
0
2
Chal
leng
er 8
00/8
50
3 3 3 2 1
Gulfs
tream
G200
Lega
cy 6
50
5
1 1 1
Falc
on 9
00EX
/EAS
y
Falc
on 7
X
8
2
11Ha
wke
r 400
0
2
Gulfs
tream
G55
0
8 9 8
Glob
al 6
000
25 4
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 55
BBJ
1 1 1Le
gacy
600
Gulfs
tream
G55
0
1313
9
Chal
leng
er 6
05
2 1 1
Gulfs
tream
G20
0
1 2 1
Glob
al E
xpre
ss X
RS
1 1
Gulfs
tream
G65
0ER
1
Chal
leng
er 6
04
1
Line
age
1000
1 1
Glob
al E
xpre
ss
11
Gulfs
tream
G65
0
2
Chal
leng
er 8
00/8
50
1 1
Gulfs
tream
G45
0
3 4 5
Cita
tion
Sove
reig
n/+
11
Gulfs
tream
V
Lega
cy 6
50
111 111 111
Glob
al 5
000
1 2 1
GREATER CHINA
Metrojet
Sino Jet
Jet Aviation
201328
201431
201526
201317
201421
201529
20138
201410
201518
BBJ
1 2
Gulfs
tream
G55
0
2 3
Chal
leng
er 6
05
2 2 31
Lega
cy 6
50
Gulfs
tream
G20
0
1 2
Chal
leng
er 3
00/3
50
11 1
Gulfs
tream
G65
0
1 2 2
Falc
on 9
00LX
1
Glob
al 5
000
1
Gulfs
tream
G45
0
11 2
Glob
al E
xpre
ss
1
Chal
leng
er 6
0522 1
Gulfs
tream
G55
0
21
5 6
Glob
al 6
000
3
Gulfs
tream
G65
0ER
13
Falc
on 9
00LX
Gulfs
tream
G20
0
1 1 1
Glob
al 5
000
22 2
Gulfs
tream
G65
0
7 79
Falc
on 7
X
11 1
Glob
al E
xpre
ss
1 1 1
Gulfs
tream
G45
0
1 1
Cita
tion
CJ3
1
1 1
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201556
ACJ3
18
1 1 1
Gulfs
tream
G45
0
1
BBJ
1 13
Gulfs
tream
G65
0
2 12
Falc
on 7
X
1 2
ACJ3
19
22 3
Gulfs
tream
G55
0
1 11 3
Glob
al E
xpre
ss X
RS
1
Chal
leng
er 6
05
1 1 1
Lega
cy 6
50
Line
age
1000
1
Glob
al 5
000
1
GREATER CHINA
Hongkong Jet2013
72014
122015
17
China Eastern2013
142014
162015
14
ACJ3
18
1 1
Haw
ker 8
00A/
B/
800X
P/XP
I/12
5-1A
32 3 3
Glob
al E
xpre
ss X
RS
Gulfs
tream
G20
0
Gulfs
tream
G45
0
1 1 1
Chal
leng
er 3
00/3
50
1 11 11 1 1 1
Lega
cyy 6
50
53
5
Cita
tion
Sove
reig
n/+
Gulfs
tream
G55
0
3 2Fa
lcon
200
0LX
11
Lily Jet2013
112014
122015
13
Chal
leng
er 6
04
2 2 12 1
Chal
leng
er 8
00/8
50
5 4 5
Glob
al E
xpre
ss X
RS
1 1 2
Chal
leng
er 6
05
1
Glob
al E
xpre
ss
11 1
CRJ2
00 V
IP
1
Gulfs
tream
G20
0
11
Glob
al 5
000
1 1 1
Global Jet
20134
20146
20158
ACJ3
19
1 2
Falc
on 7
X
11 1 2
Gulfs
tream
G65
0
1
Falc
on 2
000L
X/LX
S
11 1
Gulfs
tream
G45
0
1
Glob
al 6
000
Glob
al E
xpre
ss X
RS
1 1 11 1
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 57
2015 Growth & 2016 ForecastN
o. o
f Airc
raft
Gro
wth
Rat
e %
GREATER CHINA
The Greater China market has seen its business jet fleet growth rate decline for 3 consecutive years now – from a high achieved in 2012 of almost 50% growth, to a mere 6.6% in 2015There are early signs from 2016 though that business aviation activity levels are picking up:
• ASG’s market survey for its 1st quarter 2016 “Quarterly” magazine, saw 33% of the respondents from Greater China report that their aircraft utilisation had increased versus the last quarter of 2015. Also those reporting their aircraft utilisation decreased shrunk to 39% versus 49%.
• Business aviation activity levels at Shanghai’s 2 airports – Pudong & Hongqiao – are up over 30% versus a year ago. January & February 2016 were the strongest start to a year ever with nearly 900 movements.
Examining the growth in Greater China further, it is essentially Hong Kong & Taiwan propping up the numbers in 2015 with 14% and 16% growth respectively. China’s growth itself was a mere 3.8% in 2015, down from 26% in 2013, and Macau contracted by reducing its fleet by 1 aircraft.
The OEM with the highest fleet growth in Greater China in 2015 was Boeing with 36%, and the only OEM who grew more in 2015 than in 2014 was Airbus with its fleet increasing 16%. Given these 2 growth rates, it is no surprise that the ‘corporate airliner’ size category was one of the highest growing segment in 2015 at 11%.
But the facts above are not necessarily good news for business jet sales in Greater China and in ASG’s opinion, don’t project well for 2016 and on. Business jet fleet growth in Greater China in the past came from the ‘long range’ and ‘large’ size market segments, not the ‘corporate airliner’ one. In particular, growth used to come from the G550s, Falcon 7Xs, Global 6000s and G450s being added to the fleet, not ACJs and BBJs. But in 2015, the markets for G550s and F7Xs were stagnant, the G450 only added 5 aircraft, and although the Global 6000 had 7 net additions, it alonecould not make up for the ground lost in other markets.
ASG sees a difficult year ahead in 2016 and no growth recovery in Greater China. The expectation is that business jet fleet growth will continue to decline but be moderated somewhat by continued positive activity levels in the pre-owned market. ASG is forecasting a high of 5.2% growth for 2016 but this could go even lower depending on China’s economic performance.
466490
437
379
315
211
148118
9265
+41.5%
+28.3%
100 10%
0 0
200 20%
300 30%
400 40%
500
600
50%
60%
+42.6%
+49.3%
+15.3%
+6.6%+5.2%
20102008 2012 20142007 20112009 2013 2015 2016
+25.4%
+20.3%
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201558
Net Fleet Growth – Per Aircraft Base
China
250
289 300
Hong Kong
99116
132
Macau
13 13 12
Taiwan
221917
2013 2014 2015
% Growth Per Aircraft Base
China
26%16%4%
Hong Kong
6%17%14%
Macau
-19%
0%
-8%
Taiwan
16%12%
143%
GREATER CHINA
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 59
Net Fleet Growth by Major OEM
142
161
171
Gulfstream
111
3135
1620 17
7
123
41 38
2519 19
11
133
4239
2618
2215
Bombardier Dassault Cessna Embraer Hawker Airbus Boeing
2013 2014 2015
% Growth by Major OEM
21%13% 6%
Gulfstream
21%
63%
3%
16
-29%
31%
75%
11%32%
9%
56%
100%
-5%
12%
57%
8% 2% 3% 4%
-5%
16%36%
Bombardier Dassault Cessna Embraer Hawker Airbus Boeing
GREATER CHINA
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201560
GREATER CHINA
Net Fleet Growth by Size Category
57
7483
Corp. Airliner
123
151
162
Long Range
103112
120
Large
58 58 56
Medium
24 26 27
Light
14 16 18
Very Light
% Growth by Size Category
19%30%12%
Corp. Airliner
34% 36%23%8%
-14%-3%
9%7% 7% 4%8% 13%14%
Long Range Large Medium Light Very Light
2013 2014 2015
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 61
GREATER CHINA
Net Fleet Growth by Aircraft Model
17 1720
Challenger800/850
89 8
CRJ100/200/VIP
913
7
BBJ
66 7
ACJ318
1211
5
Challenger870
73
6
Lineage 1000
811
8
ACJ319
3 3 3
A319ER
2 2
BBJ2
1 1
ACJ320
1
ACJ330
Long Range
Corp. Airliner
64
7272
30 30
2219
13
1
16
3
897 6 67 6
4 42 2
1612
5
Gulfstream G550
GulfstreamG650Falcon 7X Global
Express XRSGlobal 6000 GlobalExpressGlobal 5000 Gulfstream V Gulfstream
G650ER
Large
46
52
57
Gulfstream 450
4 4 5
Challenger 604
232525
Challenger 605
23 3
Falcon 2000LX/LXS
33 3
Legacy600
1514
9
Legacy 650
466
Falcon 900LX
442
Gulfstream IV/IV-SP
2 2 2
Falcon 900DX/EX
1 1 1
Gulfstream G300/G350
2
Challenger 601
1 1
Falcon 2000S
2013 2014 2015
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201562
Light
811 12
5 55 41 1
41 11 2 1
444 3
Citation Excel/XLS/+ Phenom 300Learjet
35/A/36/ACitation III/VI/VII
Citation CJ3
Citation S/II/Bravo/II/SP
Hawker 400/A/B/XP
Very Light
13 13 13
3 41 1
Citation 525/CJ1/+/M2
Citation Mustang Phenom 100
Medium
20 1917
10 108 7
47
4 54 5 422 2
4 3 2 12 2 14
89
Gulfstream G200
Learjet 60/XR
Hawker 800A/B/ 850XP/
XPI/125-1A
Citation Sovereign/+
Challenger 300/350
Gulfstream G100/G150
Gulfstream G280
Hawker 900XP
Hawker 4000 Citation X/+
51
2013 2014 2015
GREATER CHINA
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 63
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201564
2013 2014 2015 +64 +58 +29
Net Fleet Change by Model 2013-2015GREATER CHINA
Net Fleet Change by Model 2013-2015
3
-4
3
7
4 5
1 11
4
-1
1
-1 -1 -1
-1
-1
-4
-1
5
1
-2 -2
2
-3
33
-1 -1 -1-11 12
6
1-1 -1 -1
-1-1
-1
2
-2
-2
-11 1
26
1
11
1
1
-2
2
-2
4
834
2
2
1
1
1
7
Chal
leng
er 6
01
Glo
bal E
xpre
ss
ACJ3
30
Chal
leng
er 8
70
Cita
tion
CJ3
Cita
tion
Exce
l/XL
S/+
ACJ3
19
Chal
leng
er 6
05
Lear
jet 6
0/XR
BBJ2
Glo
bal 5
000
Cita
tion
Sove
ign/
+
ACJ3
18
Chal
leng
er 6
04
Glo
bal E
xpre
ss X
RSBBJ
CRJ2
00VI
P
Cita
tion
Mus
tang
ACJ3
20
Chal
leng
er 8
00/8
50
Cita
tion
CJ1
Chal
leng
er 3
00/3
50
Glo
bal 6
000
Cita
tion
VI/V
II
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 65
GREATER CHINA
-1-1
-1 -1-1
1 1
1
1
-3
4
12
2
-2 -2
1224
-4 -4-6
3
-5
1 1 1 1 1 1-1 -1 -1
12
19
14
11
1
-1
-1
221
3 2
53
3
-4
-5
-3
-6
4
-2
9
5
8
-3
-3
-3
3
2
2
-5
2
-2-2
6
Phen
om 1
00
Gul
fstre
am G
650E
R
Falc
on 9
00LX
Gul
fstre
am G
280
Haw
ker 4
000
Falc
on 2
000
Gul
fstre
am G
100
Gul
fstre
am V
Lega
cy 6
50
Lega
cy 6
50
Gul
fstre
am G
550
Haw
ker 8
00A/
B/85
0XP/
XPI/
125-
A
Cita
tion
X
Cita
tion
XLS/
+
Phen
om 3
00
Gul
fstre
am IV
/IV-
SP
Falc
on 2
000L
X/LX
S
Gul
fstre
am G
450
Haw
ker 7
50
Falc
on 7
X
Gul
fstre
am G
200
Haw
ker 4
00/A
/XP
Line
age
1000
Gul
fstre
am G
650
Haw
ker 9
00XP
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201566
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 67ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2015 67
2015 OPERATOR OVERVIEW
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 67
The top 20 operators in the Asia Pacific region fly 35% of the total business jets, with 9 of the top 10 being based in Greater China.
Australia has the most number of operators with 105, followed by India with 91 and then China with 54. But in Australia and India, the largest operator has a fleet of just 10 and 11 aircraft versus Deer Jet in China which operates 59 aircraft.
The Australian and Indian markets are extremely fragmented with 73 and 61 operators in each country flying just 1 aircraft. The top 5 operators in China operate 55% of the local fleet. In Hong Kong, the top 5 represents 68% of the fleet. The top 5 operators in Australia and India represent only 21% and 22% of their respective fleets.
Examining the top 10 operators in more detail:
• BAA added 9 aircraft in 2015 for a total of 54 aircraft and now operates by far the largest fleet of F7Xs in the Asia Pacific region (11 aircraft), as well as 18 Gulfstream aircraft. BAA’s fleet is split 83%/17% between China and Hong Kong.
• Jet Aviation added 7 aircraft for a total of 39 aircraft, of which 25 are Gulfstreams, including 5 G650s. Jet Aviation’s fleet is largely based in Hong Kong (72%), but it also has aircraft based in Australia (1), Indonesia (3), Japan (3), Macau (1), Malaysia (1) and Singapore (2).
• SinoJet also added 8 aircraft for a total fleet of 18 aircraft but operates 11 different models. Its fleet is split 44%/56% between China and Hong Kong.
• Hongkong Jet added 7 aircraft for a total of 19 aircraft and is the largest operator of single aisle corporate airliners with a fleet of 4 Airbus’ and 4 Boeings. Its fleet is largely based in Hong Kong (11 aircraft) but it also has aircraft based in China (6) and Indonesia (2).
• Deer Jet’s fleet shrank by 9 aircraft to a total of 59 mainly through a reduction in older Gulfstreams (GIVs and GVs) and Hawkers (800s and 900s). Deer Jet still remains a huge Gulfstream operator with 40 aircraft in its fleet. Its whole fleet is based in Mainland China.
• TAG Aviation saw its fleet contract by 4 aircraft to 45 – F7Xs and Challengers mostly. TAG’s fleet remains dominated by Bombardier models (22 aircraft) and is the most diversely based with aircraft under management in 8 countries in the Asia Pacific region: Hong Kong (15), China (14), Singapore (7), Cambodia (3), Malaysia (3) and also Indonesia, Macau and The Philippines with 1 aircraft each.
• Metrojet lost a net 5 aircraft through 2015 to end the year with a fleet of 30 aircraft. Most of the losses were Bombardier aircraft. Metrojet operates 19 Gulfstreams, including 3 G650s. 26 aircraft (87%) are based in Hong Kong, with the remaining aircraft being based in the Philippines.
• China Eastern’s fleet contracted by 2 aircraft in 2015, down to 14 in total. Its fleet is dominated by the Legacy 650 and G450/G550 family with 5 aircraft of each. Its fleet is based in China.
• Lily Jet grew by 1 aircraft in 2015 to 13 in total. 11 aircraft in its fleet are Bombardier models including 5 Challenger 800/850s with 11 aircraft are based in China and 3 in Hong Kong.
• Execujet has a fleet of 18 aircraft, spread amongst 5 different bases, with the biggest fleets being in Australia (8) and Singapore (5).
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201568
ASIA PACIFIC REGION
The Top-20 operators in Asia Pacific fly 35% of the total business jet fleet in the region. Deer Jet, BAA, TAG Aviation, Jet Aviation, Metrojet and Hongkong Jet remain the top five jet operators in the region while many Chinese and Hong Kong operators follow, making Greater China count for 10 out of the top 20 Asia Pacific operators.
Dee
r Jet
BAA
TAG
Avi
atio
n
Jet A
viat
ion
Met
roje
t
Sino
Jet
Exec
ujet
Chin
a Ea
ster
n
Lily
Jet
Hon
gkon
g Je
t
59
54
45
39
30
19 18 18
14 14
Top 20 Operator Fleets by OEM – Asia Pacific Region35% of total Asia Pacific fleet
Airbus 3 3 1 1 4 1 1 2 16
Boeing 2 1 4 2 1 1 11
Bombardier 1 11 31 10 4 1 5 14 1 12 4 4 1 3 1 1 1 1 8 114
Cessna 1 1 1 6 6 4 19
Dassault 6 14 4 2 2 1 3 2 1 3 38
Embraer 7 1 2 1 2 5 2 6 26
Gulfstream 40 18 8 25 23 7 8 3 6 2 5 2 2 4 1 154
Hawker 7 1 1 4 13
Westwind 6 6
Total 59 54 45 39 30 19 18 18 14 14 11 10 9 9 8 8 8 8 8 8 397
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 69
Airbus 3 3 1 1 4 1 1 2 16
Boeing 2 1 4 2 1 1 11
Bombardier 1 11 31 10 4 1 5 14 1 12 4 4 1 3 1 1 1 1 8 114
Cessna 1 1 1 6 6 4 19
Dassault 6 14 4 2 2 1 3 2 1 3 38
Embraer 7 1 2 1 2 5 2 6 26
Gulfstream 40 18 8 25 23 7 8 3 6 2 5 2 2 4 1 154
Hawker 7 1 1 4 13
Westwind 6 6
Total 59 54 45 39 30 19 18 18 14 14 11 10 9 9 8 8 8 8 8 8 397
Relia
nce
Tran
spor
t & T
rave
ls
Pel-A
ir Av
iatio
n
AR A
irway
s
Asia
Jet
Chal
leng
er
Aero
Air
Kore
an A
ir
Glo
bal J
et A
sia
MJE
TS
Prem
iair
Vist
a Je
t
Total
11 10 9 9 8 8 8 8 8 8
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201570
The Hawker Pacific Aircraft Management team is made up of aviation specialists whose combined aircraft operations experience spans more than 200 years and 5 continents. The company’s state of the art Operations Control Centre in Sin-gapore is in charge of managing the fleet around the clock, serving as the center for its clients aircraft that are based throughout the region, in-cluding in cities like Sydney, Singapore, Jakarta, and Manila.
Senior Vice President Patrick Enz, who has spearheaded Hawker Pacific’s Aircraft Manage-ment services out of Singapore since 2012, says the group’s heritage dates back to 1978 and Hawker Pacific’s name comes from the entrepre-neurial activities of Australian aviation pioneer Harry Hawker.
Hawker Pacific’s basic mission is to find solu-tions for aircraft owners’ needs. It delivers a full service that combines the mentality of tra-ditional private banking with a modern asset management approach. The company focuses on its clients’ global travel needs, helping aircraft owners find the most effective ways to take the hassle out of aircraft ownership and protect the value of their investment. “The company at all times represents the owner’s interests and of-fers full transparency of operational costs, with no markups, commissions, or added fees, as it brings clients the peace of mind that comes with a tailor-made solution,” says Enz.
Hawker Pacific’s Operation Management System integrates the latest quality and safety systems to ensure consistent levels of product and service delivery. Hawker Pacific’s administration offers customers a snapshot of operations and finan-cial data along with the status of past and up-coming maintenance inputs at all times. These quality services are delivered through a modular approach to aircraft management tailored to fit each individual situation. These modules can be combined to take a customer from aircraft eval-uation through the purchase and delivery stage to aircraft operation, and can even be extended to include the stage of aircraft re-evaluation and sale, when that time comes.
Hawker Pacificker Pacific Aircraft Manage-ment
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201570
Patrick Enz,Senior Vice President
With such extensive services customized to a client’s particular needs, the aircraft owner can enjoy all the prestige, flexibility and convenience of private aircraft ownership while minimizing the complex and time-con-suming tasks involved with the operation, administra-tion and meeting regulatory requirements.
The services Hawker Pacific Aircraft Management of-fers span the full range of needs any aircraft owner will encounter over his or her’s years of owning an aircraft. Hawker Pacific’s dedicated team of experts help aircraft owners monitor their aircraft’s utilization and mainte-nance planning functions; bring professional oversight to the maintenance performed on the aircraft; review Airworthiness Directives and OEM Service Bulletins; monitors the performance of flight crews; ensure that all records and regulatory requirements are completely compliant; offer financial and accounting services; intro-duce competitive insurance solutions, and most impor-tantly, assist the client in all their trip planning needs. The customer’s flight activities are managed through a sophisticated flight operations system that provides se-cure, round-the-clock access to all the aircraft’s details, while allowing pilots and crew to update flying hours and relevant information from any point on the globe.
Enz points to Hawker Pacific’s competitive advantage, saying “Hawker Pacific is a market leader in integrated civil and military aerospace sales and product support in South East Asia, Australia, the Pacific and the Middle East and is one of the largest independent companies of its type in the region with over 700 employees. The company’s Asian operations include established busi-nesses in Singapore, China, the Philippines, Thailand, Indonesia and Malaysia. Hawker Pacific has the whole package to deliver a turn-key solution to end users.”
When asked where he expects Hawker Pacific’s Aircraft Management business to be in the next five to ten years, Enz says “We started our aircraft management business in 2012 and have assembled a team that provides a seamless service that takes the burden of out aircraft ownership for the owner. So far, we have 10 management and support contracts in the region and are quite optimistic with growing 3-4 contracts per year.”
Hawker Pacific is the only full service aircraft manage-ment provider based in Singapore offering also in-house maintenance and hangarage services. When we asked
about the specific needs of his Asian customers, Enz re-plied, “In Asia, end users tend to utilize their aircraft for private use rather than just as a business tool. For this reason, we tailor our services to cater to their personal requirements. For instance, we have a customer who prefers that the flight attendant prepares and cooks complex meals on-board, or procures their favorite dish-es from a specific restaurant. Every crew is assigned one aircraft only, and Hawker Pacific is committed to going the extra mile for our customers.”
Hawker Pacific’s investment and focus in the region gives it a competitive advantage in the dynamic Asia-Pa-cific market. It will be exciting to see this company’s plans become a firm reality in the upcoming years, given a steadily growing market at its doorstep and Hawker Pacific’s ability to deliver a turn-key solution to suit any Aviation customer’s needs.
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 71
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201572
Dee
r Jet
BAA
Chin
aEa
ster
n
TAG
Avia
tion
Lily
Jet
5945
14 14 11
ASIA PACIFIC REGION
* The top 5 operators are shown unless many operators share the same number of aircraft at the 4th and 5th place.
Top Operator Fleets – by Aircraft ModelChina – 54 Operators in Total• 5 Operators shown represent 48% of the fleet• 14 Operators - 3-8 aircraft each• 14 Operators - 2 aircraft each• 21 Operators - 1 aircraft each
ACJ318 1 1 2
ACJ319 2 1 3
ACJ320 1 1 +1
BBJ 2 2
Challenger 604 2 2
Challenger 605 1 3 1 5 -1
Challenger 300/350 1 1
Challenger 800/850 3 2 4 9
Global 5000 3 3
Global 6000 4 1 1 6
Global Express 1 1 2
Global Express XRS 1 1 -1
Learjet 60/XR 1 1 2
Citation 525/CJ/+/M2 1 1
Falcon 2000S 1 1
Falcon 7X 4 10 3 17
Falcon 900LX 1 1 1 3 +1
Lineage 1000 1 1
Legacy 650 5 5 1 11 +5
Gulfstream G200 4 1 1 6 -3
Gulfstream G280 2 2 +2
Gulfstream G450 14 7 2 1 24 +1
Gulfstream G550 20 5 3 28
Gulfstream V 1 1 -2
Gulfstream IV/IV-SP 1 1 -3
Hawker 4000 1 1
Hawker 800A/B/850XP/XPI/125-1A 5 1 6 -1
Hawker 900XP 1 1 -1
Total 59 45 14 14 11 143
Change from 2014 -8 +10 -2 -3 +1 -2
TotalChange
from 2014
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 73
Jet A
viat
ion
Met
roje
t
TAG
Avi
atio
n
Hon
gkon
g Je
t
Sino
Jet
28 26
15
11 10
ASIA PACIFIC REGION
* include one Citation Sovereign/+ and one Lineage 1000 which left Hong Kong
Hong Kong – 24 Operators in Total• 5 Operators shown represent 68% of the fleet• 1 Operators - 9 aircraft• 2 Operators - 4 aircraft each• 3 Operators - 3 aircraft each• 3 Operators - 2 aircraft each• 10 Operators - 1 aircraft each
ACJ318 1 1
ACJ319 2 2 -1
BBJ 1 3 1 5 +2
Challenger 300/350 1 1
Challenger 604 1 1 -1
Challenger 605 1 1 1 1 2 6 -1
Challenger 800/850 1 1 2
Global 5000 2 1 3 6 -1
Global 6000 3 6 9 +6
Global Express 1 1 2 -1
Global Express XRS 1 1 2 -1
Falcon 7X 1 1 2 -1
Falcon 900LX 1 1 -1
Legacy 600 1 2
Legacy 650 1 1
Gulfstream V 1 1
Gulfstream G200 1 1 1 3
Gulfstream G450 5 5 1 2 13 +1
Gulfstream G550 9 9 2 1 21 -3
Gulfstream G650 3 2 1 1 1 8 +5
Gulfstream G650ER 1 1 2
Total 28 26 15 11 10 90
Change from 2014 +9 -5 -1 +3*
TotalChange
from 2014
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201574
Fort
una
Jet
Jet A
sia
Mac
au L
andm
ark
Man
agem
ent
42 2
Exec
utiv
e Av
iatio
n Ta
iwan
EVA
Airw
ays
Aero
spac
e In
dust
rial
Dev
elop
men
t
Win
Air
Jet
6 42 2
ASIA PACIFIC REGION
Macau – 7 Operators in Total• 3 Operators shown represent 67% of the fleet• 4 Operators - 1 aircraft each
Taiwan – 12 Operators in Total• 4 Operators shown represent 64% of the fleet• 8 Operators - 1 aircraft each
Challenger 605 1 1
CRJ100/200/VIP 1 1
Global Express 1 1
Legacy 600 1 1
Lineage 1000 1 1
Gulfstream G550 2 2
Hawker 4000 1 1 +1
Total 4 2 2 8
Change from 2014 +1 +1
ACJ318 2 2
ACJ319 1 1 +1
BBJ 1 1
Global 5000 1 1
Global 6000 1 1 +1
Global Express XRS 2 2 +1
Legacy 600 1 1
Gulfstream G100/G150 2 2
Gulfstream G550 2 2
Hawker 400XP 1 1
Total 6 4 2 2 14
Change from 2014 +2 +1 -1 +2*
Total
TotalChange
from 2014
Change from 2014
* include one G450 which left Taiwan
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 75
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201576
Asia
Jet
Gov
’t of
Japa
n -
Coas
t Gua
rd
Jet A
vaiti
on
Min
istr
y of
Lan
d &
Tr
ansp
orta
tion
Nak
anih
on A
ir Se
rice
Japa
n -
Civi
l Av
aitio
n Bu
reau
Kore
an A
ir
Flig
ht In
spec
tion
Cent
er
Hyu
ndai
Mot
or
Sam
sung
Tec
hwin
SK T
elec
om
82 2 2 2
5 43
43 3
ASIA PACIFIC REGION
South Korea – 9 Operators in Total• 5 Operators shown represent 80% of the fleet• 4 Operators operate 1 aircraft
Japan – 28 Operators in Total• 6 Operators shown represent 45% of the fleet• 5 Operators - 2 aircraft each• 17 Operators - 1 aircraft each
ACJ319 1 1
BBJ 1 2 1 4 -1
Challenger 600/601 1 1
Global Express XRS 1 1 2
Citation 525/CJ/+/M2 2 2
Citation Ultra/V 4 4
Gulfstream G550 1 1
Hawker 700A/B/750 1 1
Total 8 2 2 2 2 16
Change from 2014 -1 -1
ACJ318 1 1
BBJ 1 1
Global 6000 2 2 +1
Global Express 2 2
Citation CJ4 3 3 +3
Citation Ultra/V 3 3
Falcon 900/C/DX 2 2
Gulfstream G650 2 2 4
Gulfstream IV/IV-SP 2 2
Gulfstream V 2 2
Total 5 4 4 3 3 3 22
Change from 2014 +1 +3 +4
Total
TotalChange
from 2014
Change from 2014
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 77
Relia
nce
Tran
spor
t &
Trav
els
AR A
irway
s
Indi
a Fl
y Sa
feAv
iatio
n
Air O
ne A
viat
ion
Airm
id A
viat
ion
Serv
ices
11
9
4 4 4
ASIA PACIFIC REGION
India – 91 Operators in Total• 5 Operators shown represent 21% of the fleet• 2 Operators - 3 aircraft each• 23 Operators - 2 aircraft each• 61 Operators - 1 aircraft each
ACJ319 1 1
Challenger 604 1 1
Challenger 800/850 1 1
CRJ100/200/VIP 1 1
Global 5000 1 1 2 +1
Global 6000 1 1 2 +1
Global Express 1 1
Global Express XRS 1 1
Citation Excel/XLS/+ 2 1 1 4
Citation S/II/Bravo/II/SP 4 1 5
Falcon 2000/DX/EX EASy 1 2 3 +1
Falcon 7X 1 1 +1
Falcon 900EX/EASy 2 2
ERJ135ER/LR 1 1 2
Legacy 650 1 2 3 +1
Lineage 1000 1 1
Hawker 800A/B/850XP/XPI/125-1A 1 1
Total 11 9 4 4 4 32
Change from 2014 +2 +1 +1 +4*
TotalChange
from 2014
* include one Citation CJ2/+ which left India
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201578
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 79
MJE
TS
Siam
Lan
d Fl
ying
Gov
’t of
Tha
iland
Roya
l Air
Forc
e
AC A
viat
ion
8 4 4 3
ASIA PACIFIC REGION
Thailand – 16 Operators in Total• 4 Operators shown represent 58% of the fleet• 2 Operators - 2 aircraft each• 10 Operators - 1 aircraft each
ACJ319 1 1
ACJ320 1 1
BBJ2 1 1
B737-400 1 1
Global Express XRS 1 1
Citation CJ3 1 1
Citation S/II/Bravo/II/SP 2 2 +1
Citation X/+ 1 1
Falcon 2000LX/LXS 1 1
Gulfstream G200 2 2
Gulfstream G550 1 1 +1
Gulfstream V 1 1
Hawker 400/A/B/Diamond I 2 2
Hawker 800A/B/850XP/XPI/125-1A 2 1 3
Total 8 4 4 3 19
Change from 2014 +2 +2
TotalChange
from 2014
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201580
Chal
leng
er A
ero
Air
Subi
c In
t'lAi
r Cha
rter
Met
roje
t
Lion
air
Roya
l Sta
r Avi
atio
n
84 4 3 3
ASIA PACIFIC REGION
Philippines – 28 Operators in Total• 5 Operators shown represent 45% of the fleet• 4 Operators - 2 aircraft each• 19 Operators - 1 aircraft each
Challenger 300/350 1 1
CRJ100/200/VIP 1 1
Learjet 35/A/36/A 1 1
Learjet 40 1 1
Learjet 75 1 1 +1
Citation 500/I/SP 1 1
Citation Excel/XLS/+ 1 1 2
Dornier 328JET 1 1
Falcon 900/C/DX 1 1
Gulfstream G200 1 1
Gulfstream G300/G350 1 1 +1
Gulfstream G450 1 1
Gulfstream G550 1 1
Gulfstream IV/IV-SP 1 1 2
Hawker 700A/B/750 1 1 2
Hawker 800A/B/850XP/XPI/125-1A 3 3
Westwind 1/2 1 1
Total 8 4 4 3 3 22
Change from 2014 -1 +1
TotalChange
from 2014
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 81
ASIA PACIFIC REGION
Gov
’t of
Mal
aysi
a
Smoo
th R
oute
TAG
Avi
atio
n
Berja
ya A
ir
Air A
lsie
Exec
ujet
4 4 3 3 2 2
Malaysia – 34 Operators in Total• 6 Operators shown represent 39% of the fleet• 28 Operators - 1 aircraft each
ACJ319 1 1
Challenger 300/350 1 1
Global 5000 1 1 2 +1
Global Express XRS 2 2
Learjet 60/XR 2 2
Citation S/II/Bravo/II/SP 2 2
Citation Sovereign/+ 2 2
Falcon 7X 1 1
Falcon 900LX 1 1
Gulfstream G200 1 1
Gulfstream G450 1 1
Gulfstream IV/IV-SP 1 1 2
Total 4 4 3 3 2 2 18
Change from 2014 +1 +1
TotalChange
from 2014
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201582
ASIA PACIFIC REGION
Singapore – 34 Operators in Total• 6 Operators shown represent 44% of the fleet• 7 Operators - 2 aircraft each• 21 Operators - 1 aircraft each
TAG
Avi
atio
n
Paci
fic F
light
Serv
ices
Exec
ujet
Asia
Avi
atio
nCo
mpa
ny
Prec
ious
Je
t
Haw
ker
Pac
ific
7 6 5 4 3 3
ACJ319 1 1 +1
Challenger 300/350 1 2 3 +1
Challenger 605 1 2 1 4
Global 5000 3 1 4 +1
Global 6000 1 1 2 +1
Learjet 35/A/36/A 2 2
Learjet 45/XR 1 1
Learjet 60/XR 1 2 3
Legacy 600 2 2 +2
Gulfstream G100/G150 1 1
Gulfstream G450 1 1 2 +1
Gulfstream G550 1 1
Gulfstream III 1 1
Gulfstream V 1 1 +1
Total 7 6 5 4 3 3 28
Change from 2014 +2 +1 +2 +3 +8
Total
Prem
iair Jet
Avia
tion
Gov
’t of
Indo
nesi
a
Haw
ker
Paci
fic
83 3 3
Indonesia – 31 Operators in Total• 4 Operators shown represent 33% of the fleet• 8 Operators - 2 aircraft each• 19 Operators - 1 aircraft each
BBJ2 1 1
Global 5000 1 1 2 +2
Global 6000 1 1 +1
Global Express XRS 1 1
Learjet 31/A 2 2
Falcon 2000LX/LXS 1 1 +1
Legacy 600 2 2
Legacy 650 2 1 3 +1
Lineage 1000 1 1
Phenom 300 1 1 2
Gulfstream G550 1 1
Total 8 3 3 3 17
Change from 2014 +2 +2 +4*
Total
Change from 2014
Change from 2014
* include one BBJ which left Indonesia
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 83
Pel-A
ir Av
iatio
n
Exec
ujet
Flig
ht O
ptio
ns(A
ustra
lia)
Reve
sco
Avi
atio
n
Air A
ffair
Aust
ralia
108 7 7
6
ASIA PACIFIC REGION
Australia – 105 Operators in Total• 5 Operators shown represent 21% of the fleet• 1 Operator - 5 aircraft• 4 Operators - 4 aircraft each• 8 Operators - 3 aircraft each• 14 Operators - 2 aircraft each• 73 Operators - 1 aircraft each
Challenger 600/601 1 1
Challenger 604 3 3
Global 6000 1 1 +1
Global Express XRS 3 3
Learjet 35/A/36/A 4 6 10
Citation III/VI/VII 1 1 2
Citation Mustang 4 4 +2
Citation S/II/Bravo/II/SP 1 2 3
Citation Ultra/V 1 1
Phenom 100 3 3
Gulfstream IV/IV-SP 1 1
Westwind 1/2 6 6
Total 10 8 7 7 6 38
Change from 2014 +1 +2 +3
Total
New Zealand – 10 Operators in Total• 2 Operators shown represent 33% of the fleet• 8 Operators - 1 aircraft each
Air H
awke
s Ba
y
Paci
fic Je
ts
2 2
Citation CJ4 1 1
Citation Mustang 2 2 +1
Westwind 1/2 1 1
Total 2 2 4
Change from 2014 +1 +1
Total
Change from 2014
Change from 2014
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201584
Gulfstream has a long history of seeking the best combination of speed, comfort and efficiency to meet customer’s demands. In the newly crafted G600, Gulfstream’s goal was to combine new wing technology and airframe advances, new engines and a uniquely shaped cabin to transport travelers 11,482 kilometers at a speed of Mach 0.85, faster than any aircraft in its class. And Gulfstream intended to do all that without sacrificing fuel efficiency or passenger comfort.
The G600 has certainly risen to the challenge. With a maximum operating speed of Mach 0.925 and a long-
range cruise speed of Mach 0.8, frequent flyers in the G600 will save hours of flying time per year. The G600 also maximizes efficiency with an advanced wing design and a pair of Pratt & Whitney Canada engines, which can operate for 10,000 hours between overhauls. These engines feature greatly reduced noise levels and emissions, which ultimately lower operating costs and ensure the aircraft will continue to conform to environmental standards.
The G600’s cabin is 2.41 meters wide and 1.93 meters high, the optimal size and shape to promote a balance
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 85
of speed and efficiency. The G600 can be configured with up to four living areas in its 13.77 meter long cabin, offering options for either a forward or aft galley, and even the possibility of a shower. The 68.5 centimeter wide seats offer plenty of space to spread out, and the divans and seats can all be converted to beds for sleeping. Conference tables can be added for meetings or dining. There are 10 individual cabin designs for living areas that owners can opt for, making the jet completely configurable for a variety of needs, including work, leisure, dining, or sleep.
The cabin can also be designed to reflect the owner’s unique style, choosing from hand-woven rugs, bamboo flooring, and a wide variety of colors for the upholstery. High definition monitors serve both business and entertainment needs, while satellite communications and the optional Broadband Multilink (BML) high-speed data system make staying in touch a breeze.
The Gulfstream Cabin Management System gives travelers control of l ighting, window shades, temperature and entertainment through touchscreen devices. The G600 is engineered to provide a quiet journey, keeping the air fresh and atmosphere serene with its low cabin altitude. The cabin is so quiet passengers can converse in normal voices, even when flying near the speed of sound.
The Gulfstream G650, from which the G600 was developed, has long been a favorite in its class of business jet. With the release of the newer, better G600, customers are sure to be that much more impressed by its perfect blend of comfort, speed, and efficiency.
PERFORMANCE
Maximum Range: 6,200 nm / 11,482 kmHigh-Speed: Mach 0.90 / 516 ktasLong-Range: Mach 0.85 / 488 ktasMaximum Operating Speed: Mach 0.925Takeoff Distance(SL, ISA, MTOW): 5,700 ft / 1,737 m Landing Distance(SL, ISA, MLW): 3,100 ft / 945 mInitial Cruise Altitude: 41,000 ft / 12,497 m Maximum Cruise Altitude: 51,000 ft / 15,545 m
WEIGHTS
Maximum Takeoff: 91,600 lb / 41,549 kgMaximum Landing: 76,800 lb / 34,836 kgMaximum Zero Fuel: 57,440 lb / 26,054 kgBasic Operating (including 3 crew): 51,440 lb / 23,333 kgMaximum Payload: 6,000 lb / 2,722 kgPayload with Maximum Fuel: 1,800 lb / 816 kgMaximum Fuel: 38,760 lb / 17,581 kg
EXTERNAL
Length: 96 ft 1 in / 29.29 mOverall Span: 95 ft / 28.96 mHeight: 25 ft 3 in / 7.70 m
INTERNAL
Total Interior Length: 51 ft 3 in / 15.62 mCabin Length (excluding baggage): 45 ft 2 in / 13.77 mCabin Height: 6 ft 4 in / 1.93 mCabin Width: 7 ft 11 in / 2.41 mCabin Volume: 1,884 cu ft / 53.35 cu mBaggage Compartment (usable volume):175 cu ft / 4.96 cu m
DESIGN STANDARDS
Avionics: Gulfstream Symmetry Flight Deck™Engines: Two Pratt & Whitney Canada PW815GARated Takeoff Thrust (each): 15,680 lb / 69.75 kNPassengers (Typical Outfitting): Up to 19 / 4 Crew
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201586
ASIA PACIFIC
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 87ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2015 87ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 87
2015 OVERVIEW: FLEET AGE & REGISTRATION
The vast majority (63.2%) of the business jets in the Asia Pacific region were manufactured in 2006 or later i.e. are 10 years old or less. Only Cessna, Bombardier and Boeing have more than 30% of their Asia Pacific Region fleet which is older than 10 years old. 55% of Cessna’s fleet is older than 10 years, 40% of Bombardier’s and 36% of Boeing’s.
The business jet fleet in Greater China is very young – 87% of the aircraft based in Hong Kong are less than 10 years old and 78% of the aircraft based in Mainland China are less than 10 years old. For Japan, the percentage less than 10 years old is 87%, Taiwan 73%, South Korea 70% and New Zealand 67%, which also illustrates the newness of business aviation in these various markets.
Looking at the average age of markets and fleets, Hong Kong has the youngest fleet with an average year of manufacture (YOM) of 2010 and Australia has the oldest with an average YOM of 1997. For the OEMs, Embraer has the youngest fleet with an average YOM of 2010 and Cessna has the oldest fleet with an average YOM of 2001.
The top 4 registrations in the Asia Pacific region are China, the USA, Australia and India. Not including the US, the top registrations match the top business jet markets, with 23% of the Asia Pacific Region fleet being Chinese registered, 14% Australian and 13% Indian.
However, a US registration (“N” registered aircraft) is still the most popular with aircraft based in 15 countries across the Asian Pacific region. The next most popular foreign registries are Cayman, Isle of Man and Bermuda. The appeal of these registration are their low costs, ease of registration and operation flexibility.
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201588
ASIA PACIFIC REGION
Fleet Age Distribution – Asia Pacific1,134 Total
100
90
80
70
60
50
40
30
20
10
0
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 89
ASIA PACIFIC REGION
20
15
10
5
0
20
15
10
5
0
30
25
20
15
10
5
0
20
15
10
5
0
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Airbus – 34 in Total
Boeing – 33 in Total
Bombardier – 306 in Total
Cessna – 220 in Total
Age Distribution by OEMby Year of Manufacture
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201590
ASIA PACIFIC REGION
20
15
10
5
0
20
15
10
5
0
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
20
15
10
5
0
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
45
40
35
30
25
20
15
10
5
0
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Dassault – 91 in Total
Embraer – 69 in Total
Gulfstream – 264 in Total
Hawker – 98 in Total
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 91
ASIA PACIFIC REGION
China – 300 in total
Hong Kong – 132 in total
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
60
50
40
30
20
10
0
20
10
0
Age Distribution by Regionby Year of Manufacture
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201592
ASIA PACIFIC REGION
Taiwan – 22 in Total
Macau – 12 in Total
South Korea – 20 in Total
Japan – 49 in Total
India – 145 in Total
Thailand – 33 in Total
5
0
5
0
5
0
20
15
10
5
0
5
0
5
0
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 93
ASIA PACIFIC REGION
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Philippines – 49 in Total
Singapore – 63 in Total
Indonesia – 52 in Total
Australia – 184 in Total
New Zealand – 12 in Total
10
5
0
15
10
5
0
5
0
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
10
5
0
5
0
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Malaysia – 46 in Total
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
5
0
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201594
ASIA PACIFIC REGION
FLEET REGISTRATIONS – ASIA PACIFIC REGION
Japan
South Korea
India
Bangladesh
Brunei
China
Macau
Taiwan
Hong Kong
Myanmar
Thailand
Cambodia
Malaysia
Philippines
Singapore
Indonesia
Papua New Guinea
Australia
New Zealand
New Caledonia
Samoa
USA
(N)
Japa
n (J
A)
Sout
h Ko
rea
(HL)
Indi
a (V
T-)
Bang
lade
sh (S
2-)
Taiw
an (B
-XXX
XX)
Hon
g Ko
ng (B
-K/B
-LXX
)
Mac
au (B
-MXX
)
Chin
a (B
-XXX
X)
Phili
ppin
es (R
P-C)
Thai
land
(HS-
)
Mya
nmar
(XY,
XZ)
Papu
a N
ew G
uine
a (P
2-)
Indo
nesi
a (P
K-)
Mal
aysi
a (9
M-)
Brun
ei (V
8-)
Base
Cou
ntry
10 (20%)
2 (1%)
28 (9%)
8 (67%)
7 (32%) 13 (59%)
1
254 (85%)
1 (5%)
4 (3%)
37 (73%)
3 (100%)
32 (62%)
1 (2%)
13 (28%)1 (2%)
27 (82%)
1 (100%)
1 (1%)
3 (100%)
24 (18%)
2 (4%)
1 (2%)
1 (2%)
49 (37%)
5 (15%)
2 (67%)
22 (48%)
10 (20%)
24 (13%)
4 (33%)
1 (100%)
19%% of fleet 3% 2% 13% 1% 3% 23% 3% 2% 3% 1%
20 (100%)
147 (97%)
1 (33%)
39 (80%)
36 (57%)
13 (25%)
1 (8%)
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 95
ASIA PACIFIC REGION
Japan
South Korea
India
Bangladesh
Brunei
China
Macau
Taiwan
Hong Kong
Myanmar
Thailand
Cambodia
Malaysia
Philippines
Singapore
Indonesia
Papua New Guinea
Australia
New Zealand
New Caledonia
Samoa
Sing
apor
e (9
V-)
Berm
uda
(VP-
B, V
Q-B)
Caym
an Is
land
s (V
P-C)
Isle
of M
an (M
-)
Aust
ria (O
E-)
Arub
a (P
4-)
Cana
da (C
-)
Den
mar
k (O
Y-)
Finl
and
(OH
-)
Fran
ce (F
-)
Luxe
mbe
rg (L
X-)
Mal
ta (9
H-)
Aust
ralia
(VH
-)
New
Zea
land
(ZK-
)
San
Mar
ino
(T7-
)
Base Country
1 (1%)
11 (8%)
6 (2%)
1 (8%) 1 (8%)
1 (5%)
4 (3%) 1 (1%)33 (25%)
8 (3%)1
2 (67%)
3 (7%)
1 (2%) 6 (10%)
1 (2%)
1 (1%)
4 (8%)
1 (1%)
2 (4%)
2 (1%) 3 (2%)
1 (100%)
1 (2%)
1 (2%)
2 (4%) 2 (4%)
1 (1%)
1 (8%)
1 (1%) 3 (2%)
1 (2%)
9 (14%)
153 (83%)
8 (67%)
2 (3%)1 (2%) 1 (2%)
2 (1%)
4 (6%)
1 (2%)
1 (33%)
1 (3%)
1 (1%)
% of fleet2% 4% 1%14%1%2%
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201596
Popular Aviation Registrations – Asia Pacific RegionCharacteristics Comparison
Applicable tax rates & regulations may change without notice and vary depending on the structure of the transaction, the timing and place of entering into agreements. It is therefore advised to retain professional advice before entering into any transaction.
Country of
Registration
Cost ofRegistering an Aircraft
Time forRegistration
(Weeks)
EffectiveImportTaxes
Ease of
Financing
Sale ValueAttractivenessInternationally
New AC TypeDelay
(Months)
Crew Licensing& Training
InternationalOperationalFlexibility
ASIA PACIFIC REGION
AUSTRIA
BERMUDA
CAYMAN ISLANDS
CHINA
HONG KONG
NEWZEALAND
INDONESIA
JAPAN
ISLE OF MAN
KOREA
MALTA
MALAYSIA
PHILIPPINES
TAIWAN
THAILAND
USA
AUSTRALIA Average
Medium
Average
Average
Average
Expensive
Medium
Average
Average
Expensive
Medium
Reasonable
Average
Reasonable
Reasonable
Reasonable
Reasonable
Average Rea
Reasonable
Short
Reasonable
Reasonable
Very Long
Very Long
Long
Long
Reasonable
Long
Medium
Reasonable
Reasonable
Reasonable
Reasonable
Reasonable
Medium
Short
Low
None
None
None
Very High
None
High
High
None
Medium
None
None
High
None
High
None
Medium
None
Good
Good
Good
Good
Mostly Local
Good
Mostly Local
Restricted
Good
Good
Reasonable
Good
Mostly Local
Good
Restricted
Good
Mostly Local
Good
Good
Good
Good
Good
Medium
Good
Medium
Low
Good
Good
Good
Good
Good
Good
Low
Reasonable
Reasonable
Good
Reasonable
Short
Short
Short
Very Long
Long
Long
Reasonable
Short
Long
Reasonable
Short
Medium
Reasonable
Medium
Long
Reasonable
Short
Difficult
Medium
Easy
Easy
Very Difficult
Difficult
Very Difficult
Difficult
Reasonable
Very Difficult
Medium
Reasonable
Medium
Medium
Difficult
Medium
Reasonable
Easy
Good
Medium
Reasonable
Reasonable
Medium
Medium
Medium
Low
Reasonable
Medium
Medium
Medium
Medium
Good
Reasonable
Medium
Reasonable
Good
INDIA
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 97
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 201598
ASIA PACIFIC SUPPORT INFRASTRUCTURE BY OEM
Bangalore, India
Beijing, China
Hamburg, Germany
Toulouse, France
Facility Location Aircraft ModelLine
MaintenanceHeavy
MaintenanceSpare Parts Refurbishment
Beijing Support Service Centre Beijing, China ●
AMECO Beijing, China ACJ318/319 ●
HNA Aviation Technik Haikou, China ACJ318/319/320 ● ●
China Eastern Technik Shanghai, China ACJ318/319/320 ● ●
STARCO Shanghai, China ACJ318/319/320 ● ●
STAECO Jinan, China ACJ318/319/320 ● ●
TAECO Xiamen, China ACJ318/319/320 ● ●
HAECO Hong Kong ACJ319/320 ● ●
CASL Hong Kong ● ● ●
EVA Air - Evergreen Aviation Technologies Taoyuan, Taiwan ACJ318/319/320 ● ●
Airbus India New Delhi, India ACJ318/319/320
Airworks Mumbai, India ACJ320 ● ● ●
Indamer Aviation Mumbai, India ACJ320 ● ●
Lufthansa Technik Philippines Philippines ACJ319/320 ● ●
Sepang Engineering Sepang, Malaysia ACJ318/319/320 ● ● ● ●
ST Aerospace Singapore ACJ318/319/320 ● ●
SIA Engineering Singapore ACJ318/319/320 ● ●
AMSA Pinkenba, Australia ACJ319/320 ● ●
Air New Zealand Auckland, New Zealand ACJ320 ● ●
Hamilton Aero Maintenance Hamilton, New Zealand ACJ320 ● ●
Maintenance Service Centres – Asia Pacific Region
OEM Training Centres Worldwide
Airbus
Miami, Florida, USA
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 99
Facility Location Aircraft ModelLine
MaintenanceHeavy
MaintenanceSpare Parts Refurbishment
Beijing Spare Distribution Centre Beijing, China BBJ/BBJ2 ●
Boeing Shanghai Aviation Service Co. Shanghai, China BBJ/BBJ2 ● ● ●
AMECO Beijing, China BBJ/BBJ2 ● ●
STARCO Shanghai, China BBJ ●
STAECO Jinan, China BBJ ●
TAECO Xiamen, China BBJ/BBJ2 ● ●
SMECO Chengdu, China BBJ ●
HAECO Hong Kong BBJ/BBJ2 ● ●
Airworks Mumbai, India BBJ ● ●
Indamer Aviation Mumbai, India BBJ ● ●
Jet Aviation Singapore BBJ/BBJ2 ● ●
ST Aerospace Singapore BBJ/BBJ2 ● ●
SIA Engineering Singapore BBJ/BBJ2 ● ●
AMSA Pinkenba, Australia BBJ ● ●
Airwork Flight Operations Brisbane, Australia BBJ ● ●
Air New Zealand Auckland, New Zealand BBJ ● ●
Hamilton Aero Maintenance Hamilton, New Zealand BBJ ● ●
Maintenance Service Centres – Asia Pacific Region
OEM Training Centres Worldwide
Boeing
Incheon, South KoreaGimpo, South Korea
Singapore
Brisbane, Australia
Melbourne, Australia
London Gatwick, UK
Stockholm, Sweden
Casablanca, Morocco
Istanbul, Turkey
Sydney, Australia
Shanghai, ChinaMiami, Florida, USA
Buenos Aires, Argentina
Seattle, Washington, USA
Mexico City, Mexico
Atlanta, Georgia, USA
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015100
Dubai, UAE
Amsterdam, Netherlands
Burgess Hill, West Sussex, UKMontreal, Canada
Morristown, New Jersey, USADallas, Texas, USA
Toluca, Mexico
Facility Location Aircraft ModelLine
MaintenanceHeavy
MaintenanceSpare Parts Refurbishment
Beijing Airlines Beijing, China Learjet, Challenger and Global ●
Shanghai Hawker Pacific Shanghai, China Global ●
ExecuJet Haite Tianjin, China Learjet 60, Challenger 300, Challenger 605, Global ●
Metrojet Hong Kong Challenger 300, Challenger 800, Global ● ●
JAMCO Sendai, Japan Global ●
Airworks Mumbai, India Learjet 60, Challenger 300, Challenger 605, Global ● ● ●
Indamer Aviation Ahmadabad, India Global ●
ExecuJet Malaysia Kuala Lumpur, Malaysia
Challenger 300, Challenger 605, Challenger 800, Global ● ●
Bombardier Service Centre Singapore Learjet, Challenger and Global ● ● ● ●
ExecuJet Australia Sydney, Australia Learjet 40/45, Challenger 605, Global ● ● ●
ExecuJet Australia Melbourne, Australia Challenger 605, Global ● ●
Maintenance Service Centres – Asia Pacific Region
OEM Training Centres Worldwide
Bombardier
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 101
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015102
OEM Training Centres Worldwide
Maintenance Service Centres – Asia Pacific Region
Facility Location Aircraft ModelLine
MaintenanceHeavy
MaintenanceSpare Parts Refurbishment
Beijing Dingshi GA Beijing, China Citaiton Excel/ XLS, Citation Sovereign, Citation X ● ●
China Flight GA Xi'an, China Citation Excel/XLS/+ ● ●
Shanghai Hawker Pacific Shanghai, China Citation Sovereign, Hawker 750/800/850/900, Hawker 4000 ● ●
Okayama Air Service Okayama, Japan All Citation aircraft ● ●
Airworks Mumbai, India Citation CJ1+, Citation CJ2/+ ● ●
Mjets Bangkok, Thailand All Citation aircraft ● ●
SR Aviation Kuala Lumpur, Malaysia Citation Bravo, Citation Sovereign ● ●
Cessna Service Centre Singapore All Citation and Hawker aircraft ● ● ● ●
Hawker Pacific Asia Singapore Hawker 400XP, Hawker 700/750, Hawker 800A/B, Hawker 850XP, Hawker 900XP ● ●
Aeromil Pacific Bankstown, Aus-tralia All Citation aircraft ● ●
Airflite Jandakot, Australia All Citation aircraft ● ●
ExecuJet Australia Sydney, AustraliaCitation I, Citation II, Citation III, Hawker 400XP, Hawker 700/750, Hawker 800A/B, Hawker 850XP, Hawker 900XP
● ●
ExecuJet Australia Melbourne, Australia
Citation I, Citation II, Citation III, Hawker 400XP, Hawker 700/750, Hawker 800A/B, Hawker 850XP, Hawker 900XP
● ●
ExecuJet Australia Perth, AustraliaCitation I, Citation II, Citation III, Hawker 700/750, Hawker 800A/B, Hawker 850XP, Hawker 900XP
● ●
Cessna
Seosan, South Korea
New South Wales, Australia
Riyadh, Saudi Arabia
Hradec Kralove, Czech Republic
Antwerp, Belgium
Zurich, SwitzerlandGig Harbor, Washington, USA
Kapolei, Hawaii USAMaui, Hawaii, USA
Fairbanks, Alaska, USA
British Columbia, Canada
Aurora, Oregon, USA
Creswell, Oregon, USABend, Oregon, USA
Snohomish, Washington, USA
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 103
Paris, France
Atlanta, Georgia, USASt. Louis, Missouri, USA
Houston, Texas, USALongbeach, California USA
Facility Location Aircraft ModelLine
MaintenanceHeavy
MaintenanceSpare Parts Refurbishment
STAECO Jinan, China Legacy 600/650, Lineage 1000 ● ●
Embraer China Aircraft Technical Services Beijing, China All Embraer models ●
ExecuJet Haite Tianjin, China Legacy 600/650, Lineage 1000 ●
China Eastern Shanghai, China Legacy 600/650 ●
Metrojet Hong Kong Legacy 600/650, Lineage 1000 ●
Indamer Aviation New Delhi, India Legacy 600/650, Lineage 1000 ● ●
Indamer Aviation Mumbai, India Legacy 600/650 ●
Indamer Aviation Hyderabad, India Legacy 600/650 ●
Airworks Mumbai, India Phenom 100/300 ●
Airworks Hosur, India Phenom 100/300, Legacy 600/650, Lineage 1000 ● ●
Airworks Chennai, India Phenom 100, Legacy 600/650 ●
Hawker Pacific Asia Singapore Phenom 100/300, Legacy 500, Legacy 600/650, Lineage 1000 ● ●
ExecuJet Singapore Singapore Legacy 600 ●
WJA Aviation Jakarta, Indonesia Legacy 600/650 ●
ExecuJet Australia Sydney, Australia Phenom 100/300, Legacy 500, Legacy 600/650, Embraer 135/145 ●
ExecuJet Australia Melbourne, Australia
Phenom 100/300, Legacy 600/650, Em-braer 135/145 ●
ExecuJet Australia Perth, Australia Phenom 100/300, Legacy 600/650, Em-braer 135/145 ●
Airflite Perth, Australia Phenom 100 ●
Maintenance Service Centres – Asia Pacific RegionEmbraer
OEM Training Centres Worldwide
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015104
Facility Location Aircraft ModelLine
MaintenanceHeavy
MaintenanceSpare Parts Refurbishment
Beijing Capital Airlines Beijing, China Falcon 7X ● ●
Spares Depot - Beijing Beijing, China All Falcon Aircraft ●
Shanghai Hawker Pacific Shanghai, ChinaFalcon DX/EX/EX EASy/LX, Falcon 2000DX/EX EASy/LX/LXS/S, Falcon 7X
● ●
Jet Aviation Hong Kong Falcon 900DX/EX EASy/LX, Falcon 7X ● ●
Spares Depot - Hong Kong Hong Kong All Falcon Aircraft ●
Ligare Aviation Engineering New Delhi, India Falcon 7X ●
Airworks Mumbai, India Falcon DX/EX/LX, Falcon 900EX EASy ●
Taj Air Metrojet Aviation Mumbai, India Falcon 2000/DX/EX/EX EASy/LX/LXS/S ● ●
Siddhartha Logistics Mumbai, India All Falcon Aircraft ●
Hawker Pacific Asia Singapore
Falcon 10, Falcon 20/20-5, Falcon 50/EX, Falcon 200, Falcon 900/DX/EX/ EX EASy/LX, Falcon 2000/DX/EX/EX EASy/LX/LXS/S, Falcon 7X
● ● ● ●
Hawker Pacific Pty Bankstown, Australia
Falcon 10, Falcon 20/20-5, Falcon 50/EX, Falcon 200, Falcon 900/DX/EX/ EX EASy/LX, Falcon 2000/DX/EX/EX EASy/LX/LXS/S, Falcon 7X
● ● ●
ExecuJet Australia Sydney, Australia Falcon 20, Falcon 50/EX, Falcon 900EX/EX EASy/DX ● ●
ExecuJet Australia Melbourne, Australia
Falcon 20, Falcon 50/EX, Falcon 900EX/EX EASy/DX ● ●
ExecuJet Australia Perth, Australia Falcon 20, Falcon 50/EX, Falcon 900EX/EX EASy/DX ● ●
Maintenance Service Centres – Asia Pacific Region
OEM Training Centres Worldwide
Falcon
Merignac, FranceBordeaux, France
Dubai, UAE
West Sussex, UK
Dallas, Texas, USALittle Rock, Arkansas, USA Whippany, New Jersey, USA
Wilmington, Delaware, USAColombus, Ohio, USA
Fort Worth, Texas, USATeterboro, New Jersey, USA
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 105
Facility Location Aircraft ModelLine
MaintenanceHeavy
MaintenanceSpare Parts Refurbishment
Gulfstream Service Centre Beijing, China G-V, G200, G280, G450, G550 ● ● ● ●
STAECO Jinan, China G450 ● ●
Metrojet Hong KongG-V, G-IV/GIV-SP, G100, G150, G200,
G300, G350, G450, G550, G650● ●
Jet Aviation Hong KongG-IV/GIV-SP, G100, G150, G200, G300/
G400, G450, G500/550, G650●
JAMCO Sendai, JapanG-V, G-IV/GIV-SP, G300/G400, G500/
G550● ●
Airworks Mumbai, India G-V, G-IV/GIV-SP, G100, G200, G300/
G400, G450, G500/G550● ●
ExecuJet Malaysia Kuala Lumpur, Malaysia G-IV, G200, G450 ● ●
Jet Aviation Pte SingaporeG-V, G-IV/GIV-SP, G100, G150, G200,
G280, G300/G400, G450, G500/G550● ●
ExecuJet Australia Sydney, AustraliaG-V, G-IV, G300/G350, G450, G550,
G650● ●
ExecuJet Australia Melbourne, Australia
G-V, G-IV, G300/G350, G450, G550,
G650● ●
ExecuJet Australia Perth, Australia G-V, G-IV, G300/G350, G450, G550 ● ●
ExecuJet Australia Wellington, Australia G550, G650 ● ●
Maintenance Service Centres – Asia Pacific Region
OEM Training Centres Worldwide
Gulfstream
Savannah, Georgia, USA
Wilmington, Delaware, USA
Colombus, Ohio, USADallas, Texas, USA
Long Beach, California, USA Hong Kong
Farnborough, Hants, UK
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015106
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 107
FIXED-BASE OPERATORS (FBO) – ASIA PACIFIC REGION
Hong Kong Business Aviation Centre
Executive Aviation FBO
Eva Sky Jet CentreTaiwan Taoyuan Business Aviation Centre
Deer Jet
ExecuJet Indonesia
Hawker Pacific
SkyCare InternationalAir Center One
JetCityAvia
Blue Demon Aviation
Hawker Pacific
Jet Aviation
Contrails
Wings Over Asia
Hawker PacificBrisbane Jet Base
Archerfield Jet Base
Hawker Pacific
Platinum Business Aviation Center
Hawker Pacific Asia
IndoAsia Ground Services
Ausjet
Airflite
Macau Business Aviation Centre
Shenzhen Business Aviation Terminal
Shanghai Hawker Pacific Business Aviation Centre
AVJET AsiaIASS
Deer Jet FBO
Royal Skyways
ASE Handling
MJets
Smooth RouteNusantara Aviation Services
SkyParkAeroHandlers
C-jet FBO
Shaurya Aeronanutics
Beijing
Seoul
Shanghai
Taipei
Macau
Hong Kong
Shenzhen
Bangkok
Celebi Airport Services
Pattaya
Singapore
Brisbrane
Sydney
Auckland
Gold Coast
Jarkarta
Bali
Calms
Melbourne
Perth
Kuala Lumpur
Haikou
Sanya
AA Corporation
Nakanihon Air Service
Okayama Air Service
Kobe Air CenterKobe
Narita
Nagoya
Okayama
Shizuoka
Premier Gate Business Aviation Terminal
Fuji Dream Aviation Engineering
Aero AsahiIASS
Chubu Centrair Business Aviation Terminal
Flightrans Jet
Changsha
New Delhi
Mumbai
Deer Jet
Execujet
Execujet
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015108
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 109
Financing InstitutionsName Office Location Finance Lease Operating LeaseCIT International ● ●BNP Paribas International ●UBS International ● Citi Bank International ● Bank of America International ● ●Credit Suisse International ●Goldman Sachs International ● Global Jet Capital International ● ●SMBC Aviation Capital International ● ●Wells Fargo Bank Northwest, N.A. International ●LaserLine Lease Finance Corporation International ●Minsheng Bank China ● ●ICBC China ●Bank of China (BOC Aviation) China ●Industrial Bank China ● ●China Development Bank China ●China Merchants Bank China ● ●Agriculture Bank of China China ● ● Changjiang Leasing China ● ●AVIC Leasing China ●Shanghai Guojin Leasing China ●Anbang Insurance China ● China Huarong Financial Leasing China ● CITIC Futong China ● China Trust Taiwan ● Chailease Finance Taiwan ● ●ITC-Leasing, Inc. Japan ● ●Sumitomo Mitsui Finance and Lease Co., Ltd Japan ●Capital Finance Australia ● MACQUARIE Australia ●Westpac Australia ●ANZ Australia ●Commonwealth Bank of Australia Australia ● ●National Australia Bank Australia ●
Legal Firms
Law Firm Region Law Firm RegionHerbert Smith Freehills Australia Shook Lin & Bok Indonesia Allens Australia Makarim & Taira S. IndonesiaMinter Ellison Australia Bae, Kim & Lee Korea Allen & Overy LLP Australia Kim & Chang KoreaKing & Wood Mallesons Australia and China Lee & Ko Korea Run Ming Law Offices China Yulchon LLC Korea Jun He Law Offices China Yoon & Yang LLC Korea Clifford Chance Hong Kong Bell Gully New ZealandClyde & Co Hong Kong Chapman Tripp New ZealandBird & Bird Hong Kong Russell McVeagh New ZealandHolman Fenwick William Hong Kong Appleby Offshore Mayer Brown JSM Hong Kong Bedell Cristin Offshore Stephenson Harwood Hong Kong Carey Olsen Offshore William K K Ho & Co. Hong Kong Conyers Dill & Pearman Offshore Lee and Li Taiwan Harney Westwood & Riegels Offshore Tsar & Tsai Law Firm Taiwan Maples and Calder Offshore Bhasin & Co India Mourant Ozannes Offshore Wadia Ghandy & Co India Walkers Offshore Gagrats India SyCip Salazar Hernandez & Gatmaitan Philippines Mulla & Mulla & Craigie Blunt & Caroe India Hogan Lovells Singapore Anderson Mori & Tomotsune Japan Milbank Singapore Nagashima Ohno & Tsunematsu Japan Watson Farley & Williams Singapore and Hong KongNishimura & Asahi Japan Siam Premier Thailand Squire Sanders Japan
Involving an experience lawyer or law firm in the early stages of an aircraft sales and purchase is key to minimise both costs and potential problems relating to the aircraft for the long run. Aircraft transactions are complicated and involve a sizable number of documents, including sales and purchase agreement, financing agreement, aircraft management agreement, and all specification, registration, and importation documents, just to name a few. Due to the unique nature of aircraft transactions, industry experts and specialists in both the legal and commercial aspects of transactions will be needed to scrutinise each transaction to ensure that seller or buyer’s legal interests are best protected and the best commercial terms are obtained.
ASG iaises with top law firms when legal services are required, and thereby ensures a smooth transaction both legally and commercially.
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 109
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015110
INTERIOR COMPLETION CENTRES
USA
Brazil
New Zealand
Canada
Bombardier Aerospace
Flying Colours
Comlux Completion
Embraer Completion Centre
Innotech Aviation
Aloft AeroArchitects
Bombardier Aerospace
PATS Aircraft Systems
L-3 Platform Integration
Gulfstream Completion Centre
Standard Aero Associated Air Centre
Elliott Aviation
Jet Aviation
Flying Colours
Duncan Aviation
Hillaero Modification Centre
Asociated Air Center
GDC Technics
Altitude Aerospace Interiors
Cessna Completion Centre
Aeria Luxury Interiors
Cascade Aerospace
Greenpoint Technologies
Dassault Falcon Jet
Embraer Completion Centre
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 111
Airbus Corporate Jet Centre
JCB Aero
Sabena Technics
Jet Aviation
Delta Interior Design
SR Technics
Amac Aerospace
SwitzerlandItaly
Russia
GermanyNetherlands
China
Singapore
France
Lufthansa Technik
Fokker Air Services
Air France Industries
Kvand Aircraft Interiors
ST Aerospace
Flying Colours
TAECO
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015112
OEM Completion Centres
NAME AIRCRAFT CAPABILITIES
Airbus Corporate Jet Centre Airbus ACJs
Bombardier Aerospace Bombardier
Dassault Falcon Jet Falcon
Embraer Completion Centre Embraer
Gulfstream Service Centres Gulfstream
Cessna Completion Centre Cessna
Independent Completion Centres
NAME AIRCRAFT CAPABILITIES
Aeria Luxury Interiors Airbus ACJs, Boeing BBJs
Altitude Aerospace Interiors Boeing BBJs
AMAC Aerospace Boeing BBJs, Airbus ACJs
Associated Air Center Boeing BBJs
Air France Industries Boeing BBJs
Aloft AeroArchitects Boeing BBJs
Cascade Aerospace Boeing BBJs
Comlux Completion Airbus ACJs, Boeing BBJs
Delta Interior Design Airbus ACJs, Boeing BBJs
Duncan Aviation Falcon, Gulfstream, Global, Challenger, Hawker, Learjet, Citation, Embraer, King Air, Astra, Westwind
Elliott Aviation Hawker, Beechjet, Bombardier
Fokker Aircraft Services B.V. Boeing BBJs
Flying Colours Corporation Bombardier Learjet, Challenger and Global
GDC Technics Boeing BBJs, Airbus ACJs
Greenpoint Technologies Boeing BBJs
Innotech Aviation Bombardier Challenger and Global
HAECO Boeing BBJs
Hillaero Modification Centre Learjet, King Air, Citation, Pilatus, Hawker, Beechjet, Diamond, Falcon, TBM, Meridian, Westwind
JCB Aero Airbus ACJs, Boeing BBJs
Jet Aviation Airbus ACJs, Boeing BBJs, Bombardier, Gulfstream, Falcon, Hawker
L-3 VIP/HOS Platform Integration Airbus ACJs, Boeing BBJs, Gulfstream, Lockheed
Lufthansa Technik Airbus ACJs, Boeing BBJs
PATS Aircraft Systems Boeing BBJs, Embraer
Sabena Technics Airbus, ATR, Boeing, Bombardier, Embraer, Fokker
SR Technics Airbus ACJs, Boeing BBJs
ST Aerospace Airbus ACJs, Boeing BBJs
Standard Aero Associated Air Centre Airbus ACJs, Boeing BBJs
TAECO Airbus ACJs, Boeing BBJs
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 113
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015114
Flying Colours Corp. has built an international reputation since founder John Gillespie repainted his first King Air just over thirty years ago. It is now a global aviation company providing a service led by the core philosophies of technical innovation, business integrity and service flexibility. This has underpinned the work ethic at the family owned-and-run business. At its Peterborough, Ontario headquarters in Canada the company specializes in green completions, interior refurbishment, maintenance, component services, avionics installations and upgrades and, staying loyal to its roots, exterior paint work.
In 2015, the company launched Flying Colours Corp. Asia PTE when Bombardier Aerospace selected the company to provide full service interior refurbishment capabilities on Learjet, Challenger and Global business jets at Bombardier’s wholly owned Singapore Service Centre located at Seletar Airport in Singapore.
“The local facility brings real benefits to aircraft owners and operators in the region who no longer have to experience lengthy downtimes whilst aircraft are sent to Europe or the USA for interior upgrades. With our local base we are fulfilling a strong market demand,’ says Eric Gillespie, VP Business Development. Since opening, the facility has worked on over 50 aircraft supporting a range of projects including refurbishing and refinishing woodwork and cabinetry, repairing and restoring upholstery, and upgrading interior furnishings. The aim is to employ a mainly local workforce with each employee benefiting from a specially developed three-month training program in Canada. Through additional on-
Eric Gillespie, Vice PresidentBusiness Development
ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2015114
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 115
the-job training and specific aircraft project-led work, it is expected employees will then become proficient in all the interior skills currently provided by Flying Colours. “We are always looking for the right candidates and are keen to ensure their development. Right now the skills needed to deliver the quality expected for Bombardier aircraft are rare, which is why we wanted to recruit team members who really understood the challenges and could rise to them,” said Gillespie.
Flying Colours has extensive experience in Asia. It has completed or refurbished for Asian clients over 30 aircraft
in the last four years, including a number of special mission projects. In 2014 it confirmed its strong position in the Asian market when it announced a joint venture with China-based Sparkle Roll Technik Co., Ltd. (“SRT”), a total technical solution provider for business aviation based out of Beijing, China. The partnership launched with the ambition of converting eight B-registered CRJ-200 regional jets into VIP configurations. The first of the aircraft has just been completed with a mixed class shuttle format. Sparkle Roll and Flying Colours jointly created the striking cabin, incorporating black furnishings and rose gold accents. The cabin has been divided into three separate areas incorporating a 20-seat economy section, a central two double club layout, and a three seat divan alongside a double club business class seat in the front cabin. An aft lavatory and small forward galley complete the layout.
The Chinese Civil Aviation Authority (CAAC) awarded a new STC for the format and certified the B registered aircraft. “As far as we know, this is the first time that a B-registered aircraft has been reconfigured outside of China and then returned on the same registry with all the approvals obtained outside of China. Our understanding
of the certification paperwork, registration process, STCs and extensive modification knowledge complements our partnership and supports our ambitions to further develop our business in the region,” says Gillespie. The next three aircraft are currently in process and are expected to be finished by the autumn.
The final five will be redelivered in a Flying Colours CRJ ExecLiner VIP format with a 15 seat configuration, a style mirroring a Bombardier Challenger 850. The CRJ ExecLiner is a format developed by Flying Colours that has already proved popular in the Asian region with a dozen
of the aircraft type already delivered. The VIP jets will incorporate an advanced inflight entertainment system and the installation of a supplemental fuel auxiliary system engineered by Flying Colours Corp. specifically for CRJ conversions.
During the conversions, a team of three SRT technicians have been, and will continue to be, present on site in Canada to learn the skills and techniques required to complete the cabin to the high standards expected by private jet passengers. ”We think it’s important to share our technical expertise with our partners in Asia. The region has huge potential and we are proud to continue to strengthen the human resource infrastructure.”
Looking to the future, Flying Colours Corp. continues to bolster its team with new sales, engineering and technical representatives joining on a regular basis. “We have a unique position in the aviation environment and we intend to continue growing our Asian customer base whilst, of course, remaining focused on our existing loyal and valuable customers,” concludes Gillespie.
ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2015 115
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015116
Indi
a
Chin
a
Aust
ralia
Thai
land
Hong
Kon
g
Sing
apor
e
Indo
nesi
a
Japa
n
Taiw
an
Mal
aysi
a
Sout
h Ko
rea
New
Ze
alan
d
Mac
au
Phili
ppin
es
Tota
l
Corp. Airliner
(28)
Challenger 850 3 4 1 3 1 12
BBJ 4 2 1 7
ACJ319 1 1 1 3
ACJ318 1 1 1 3
B727-100 1 1
RJ70 1 1
Lineage 1000 1 1
Long Range
(53)
Gulfstream G550 1 11 2 2 1 17
Global Express/XRS 3 2 5 1 1 1 13
Global 6000 2 2 2 6
Gulfstream G650 1 4 1 6
Global 5000 1 1 2 1 1 6
Gulfstream V 1 1 1 3
Falcon 7X 1 1 2
Large(72)
Legacy 600/650 6 3 1 1 6 1 18
Challenger 604 4 2 8 14
Gulfstream G450 7 1 1 1 1 11
Gulfstream IV/SP 2 2 1 1 6
Challenger 605 1 2 1 1 1 6
Falcon 2000 4 1 5
Challenger 600/601 3 1 4
Falcon 2000LX/LXS 2 1 3
Falcon 900DX/EX 1 1
Falcon 2000EX/EASy 1 1
Falcon 900LX 1 1
Gulfstream G300 1 1
Falcon 900/C 1 1
Medium(59)
Hawker 800A/B/XP/XPI 3 3 2 1 1 10
Hawker 850XP 6 1 1 2 10
Gulfstream G200 1 2 4 3 10
Hawker 900XP 2 2 1 4 9
Challenger 300 3 2 1 6
Citation Sovereign 3 2 5
Citation X/+ 2 2 4
Gulfstream G100 1 1
Gulfstream G150 1 1
Hawker 750 1 1
Gulfstream G280 1 1
Hawker 1000B 1 1
ASIA PACIFIC CHARTER AVAILIABILITY
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 117
Indi
a
Chin
a
Aust
ralia
Thai
land
Hong
Kon
g
Sing
apor
e
Indo
nesi
a
Japa
n
Taiw
an
Mal
aysi
a
Sout
h Ko
rea
New
Ze
alan
d
Mac
au
Phili
ppin
es
Tota
l
Light(28)
Citation VI/VII 2 1 1 4
Hawker 400/A/XP 1 2 1 4
Citation CJ2 1 1 2
Citation V 2 2
Citation Bravo 2 2
Citation Excel 2 2
Citation III 2 2
Learjet 45/XR 1 1
Citation CJ2+ 1 1
Sabreliner 65 1 1
Citation CJ3 1 1
Learjet 35/A 1 1
Citation CJ4 1 1
Nextant 400XT/XTi 1 1
Citation Encore+ 1 1
Citation XLS/XLS+ 1 1
Citation Ultra 1 1
Very Light(10)
Citation CJ1 1 1 2
Citation Mustang 1 1
Premier I 1 1
Citation CJ1+ 1 1
Learjet 24A/E/F 1 1
Citation I 1 1
Premier IA 1 1
Citation I/SP 1 1
Citation II/SP 1 1
Total 56 49 42 19 19 17 15 12 7 6 3 2 2 1 250
% of Total 22% 20% 17% 8% 8% 7% 6% 5% 3% 2% 1% 1% 1%
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015118
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 119
AIRCRAFT MODELS POSITIONINGAircraft Total Yearly Cost vs Maximum Range
* Total Yearly Cost estimated includes Conklin & de Decker 2015 industrial figures for aircraft acquisition cost on 10 years, plus yearly operating cost, plus adjustments to account for regional differences and financing costs.
Very Light
Light
Medium
Large
Long Range
Corp. Airliner
ACJ321
ACJ320
ACJ318
BBJ3 BBJ2
ACJ319
BBJ
G650ERG650
G550
F8X
F7X
G-VF900EX EASy
Global Express XRS
Global Express
Global 6000
Global 5000
G500
G450
F900LXLegacy 650
F2000LXSG350CL850CL890 CS
CL870 CS
CL350
CL300
Cit. X+
Cit. X
Cit Latitude
Legacy 500
Legacy 450
Cit. XLS+L75L70 L60XR
Cit. VII
L45XR
Phenom 300L40XR
Cit. ExcelCit. Encore+
Cit. CJ3Diamond 1A
Eclipse 550
Cit MustangHondaJet
Cit. CJ2
Cit. M2Cit. Ultra
Cit. EncoreCit. CJ2+
Astra SPCit. CJ3+
Cit. CJ4Cit. XLS
G100
Nextant 400XTi
Cit. CJ1+
Cit. CJ1
Premier IA
Beechjet 400AH400XPCit. Bravo
Phenom 100E
G280G300
F2000
Legacy 600
F900EX
F2000LXG-IVSP
F2000DXG-IV
F50EXG150Cit. Sovereign
Cit. Sovereign+
H4000H900XP
H850XPH800XP
H800
G200
CL604F2000EX
CL605
1000 2000 3000 4000 5000 6000 7000 80000
1920
18171615
13
12
11
10
9
8
7
6
5
4
3
2
1
14
Estim
ated
Tota
l Yea
rly C
ost (
Milli
on U
SD/Y
ear)
Lineage 1000E
Max. Range (N.M.)
F2000S
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015120
RECENT & UPCOMING AIRCRAFT MODELSBy Maximum Range
By Cabin Volume
RecentDelivery
RecentDelivery
Upcoming
Upcoming
Max
imum
NBA
A IF
R Ra
nge
(N.M
.)Ca
bin
Volu
me
(ft3)
Expected First Delivery Year
Expected First Delivery Year
9000
7000
5000
8192
3000
1024
1000
256
8000
6000
4000
2048
4096
2000
512
0
128
2014
2014
2015
2015
G650ER
G650ER
ACJ319neo
ACJ319neo
Falcon 8X
Falcon 8X
Falcon 5X
Falcon 5X
BBJ MAX 8
BBJ MAX 8
Global 8000
Global 8000
Global 7000
Global 7000
G600
G600
ACJ320neo
ACJ320neo
BBJ MAX 9
BBJ MAX 9
G500
G500
Citation Longitude
Citation Longitude
Learjet 85
Learjet 85
PC-24
PC-24
Cirrus Vision SF50
Cirrus Vision SF50*
Hondajet
Hondajet
Legacy 450
Legacy 450
Citation Latitude
Citation Latitude
Challenger 650
Challenger 650
Citation X+
Citation X+
Challenger 350
Challenger 350
Legacy 500
Legacy 500
Nextant 400XTi
Nextant 400XTi
Citation M2
Citation M2
Sukhoi SBJ
Sukhoi SBJ
2016
2016
2017
* Estimated Cabin Volume
2017
2018
2018
2019
2019
2020
2020
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR END 2015 121
PRE-OWNED AIRCRAFT FOR SALE
Pre-owned Business Jet Global Availability– % of Fleet for Sale
Pre-owned Business Jet for Sale Global Availability– Average Days on Market
Airbus
Bombardier
Dassault
Gulfstream
Boeing
Cessna
Hawker
Embraer
Airbus
Bombardier
Dassault
Gulfstream
Boeing
Cessna
Hawker
Embraer
Source: JetNet
15%
Jan-2015 Feb-2015 Mar-2015 Apr-2015 May-2015 Jun-2015 Jul-2015 Aug-2015 Sep-2015 Oct-2015 Nov-2015 Dec-2015
14%
13%
12%
11%
10%
9%
8%
7%
6%
Jan-2015 Feb-2015 Mar-2015 Apr-2015 May-2015 Jun-2015 Jul-2015 Aug-2015 Sep-2015 Oct-2015 Nov-2015 Dec-2015
600
550
500
450
400
350
300
250
200
The information contained in this report is provided free of charge for reference only. While such information was compiled using the best available data as of December 2015, ASG makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability, or suitability of such information. ASG is not responsible for, and expressly disclaims any and all liability for damages of any kind, either direct or indirect, arising out of use, reference to, or reliance on any information contained within this report.
ASIAN SKY GROUP Suite 3905, Far East Finance Centre, 16 Harcourt RoadAdmiralty, Hong Kong
Telephone +852 2235 9222Facsimile +852 2528 2766
www.asianskygroup.com
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