ASG Business Jet Fleet Report 2015 EN
ASIA PACIFIC REGION BUSINESS JETS Year End 2015
- Page 2 and 3: Beijing Penglai Seoul Chengdu Shang
- Page 4 and 5: ASIA PACIFIC REGION 20 20 (+5%) (0%
- Page 6 and 7: 4 ASIA PACIFIC REGION BUSINESS JET
- Page 8 and 9: Introduced in October 2014 amid sec
- Page 10 and 11: 2015 OVERVIEW: ADDITIONS AND DEDUCT
- Page 12 and 13: ASIA PACIFIC REGION Net Additions P
- Page 14 and 15: ASIA PACIFIC REGION 2015 Pre-Owned
- Page 16 and 17: 14 ASIA PACIFIC REGION BUSINESS JET
- Page 18 and 19: ASIA PACIFIC REGION Fleet by OEM &
- Page 20 and 21: ASIA PACIFIC REGION Fleet by OEM &
- Page 22 and 23: ASIA PACIFIC REGION Philippines Mal
- Page 24 and 25: ASIA PACIFIC REGION Fleet by Size C
- Page 26 and 27: Kevin Wu, Vice President Internatio
- Page 28 and 29: ASIA PACIFIC REGION 2015 FLEET BREA
- Page 30 and 31: ASIA PACIFIC REGION Boeing Australi
- Page 32 and 33: ASIA PACIFIC REGION Cessna Indonesi
- Page 34 and 35: ASIA PACIFIC REGION Embraer 29+25+1
- Page 36 and 37: ASIA PACIFIC REGION Hawker Banglade
- Page 38 and 39: Taj Air Metrojet Aviation (TAMA) Pr
- Page 40 and 41: Aircraft Operation Highlights - Ind
- Page 42 and 43: ASIA PACIFIC REGION Fleet Breakdown
- Page 44 and 45: ASIA PACIFIC REGION Large +6 66 72
- Page 46 and 47: ASIA PACIFIC REGION Fleet Breadown
- Page 48 and 49: ASIA PACIFIC REGION Malaysia by Maj
- Page 50 and 51: GREATER CHINA GREATER CHINA OVERVIE
ASIA PACIFIC REGION<br />
BUSINESS JETS<br />
Year End <strong>2015</strong>
Beijing<br />
Penglai<br />
Seoul<br />
Chengdu<br />
Shanghai<br />
Shenzhen<br />
Hong Kong<br />
Bangkok<br />
Manila<br />
ABOUT ASIAN SKY GROUP<br />
ASIAN SKY GROUP (<strong>ASG</strong>), headquartered in Hong Kong with offices throughout Asia, has assembled the most<br />
experienced aviation team in the Asia-Pacific region to provide a wide range of independent services for both fixed<br />
and rotary-wing aircraft. <strong>ASG</strong> also provides access to a significant customer base around the world with the help of<br />
its exclusive partners.<br />
<strong>ASG</strong> is backed by SEACOR Holdings Inc., a publically listed US company (NYSE: “CKH”) with over US$1 billion in<br />
revenue and US$3 billion in assets, and also by Avion Pacific Limited, a mainland China-based general aviation<br />
service provider with over 20 years of experience and 6 offices and bases throughout China.<br />
<strong>ASG</strong> provides its clients with four main business aviation services:<br />
1. Sales & Acquisitions including Transactional Advisory;<br />
2. Market Research and Consulting including Special Projects;<br />
3. Operation Oversight including Completion Management, Audits, Invoice Review and Aircraft Appraisals, and;<br />
4. Luxury Charter Services.<br />
The acclaimed Asian Sky <strong>Fleet</strong> <strong>Report</strong>s are produced by <strong>ASG</strong>’s Market Research and Consulting group. <strong>ASG</strong> has a<br />
growing portfolio of business aviation reports designed to provide valued information so that the reader can make<br />
better informed business decisions. Included in the portfolio are Asian Sky Asia-Pacific <strong>Fleet</strong> <strong>Report</strong>s for both Civil<br />
Helicopters and <strong>Business</strong> <strong>Jet</strong>s, the Africa <strong>Business</strong> <strong>Jet</strong> <strong>Fleet</strong> <strong>Report</strong> and the all new industry leading Asian Sky<br />
Quarterly magazine.<br />
CONTRIBUTION<br />
Asian Sky Group would like to acknowledge the gracious contributions made by numerous organisations, including<br />
aircraft operators, OEMs, aviation authorities and JETNET LLC in providing data for this report.<br />
Should you wish to reproduce or distribute any portion of this report, in part or in full, you may do so by mentioning<br />
the source as: “Asian Sky Group, a Hong Kong based business aviation consulting group”.<br />
Thank you for your interest in this report. We hope you will find the information useful. If you would like to receive<br />
further information about our other aviation reports and services, please contact us at info@asianskygroup.com or<br />
visit us at www.asianskygroup.com.
INTRODUCTION<br />
Asian Sky Group (<strong>ASG</strong>) is pleased to present the 4th edition of its <strong>Business</strong> <strong>Jet</strong> <strong>Fleet</strong><br />
<strong>Report</strong>. Originally just covering the Greater China region, this edition has been extended<br />
to cover an Asia Pacific region which includes the important markets of India, Australia<br />
and New Zealand. <strong>ASG</strong>’s <strong>Fleet</strong> <strong>Report</strong>s provide the most comprehensive coverage and<br />
breakdown of the business jet fleet in the Asia Pacific region. It has established itself<br />
as an indispensable source of valued information for the whole business aviation<br />
community.<br />
For copies of <strong>ASG</strong>’s various industry reports, please visit www.asianskygroup.com.<br />
TABLE OF CONT<strong>EN</strong>TS<br />
EXECUTIVE SUMMARY ……………………….............................................................……………5<br />
Upcoming Aircraft: Gulfstream G500............................................................……………6<br />
<strong>2015</strong> OVERVIEW: ADDITIONS AND DEDUCTIONS.......……....................……….…......……...9<br />
<strong>2015</strong> FLEET BREAKDOWN BY COUNTRY & SIZE CATEGORY............................................15<br />
Personality Profile: Kevin Wu, Textron Aviation…...………….........................................24<br />
<strong>2015</strong> FLEET BREAKDOWN BY OEM................................................................................26<br />
Corporate Profile: Taj Air Metrojet Aviation ................................................................36<br />
<strong>2015</strong> GROWTH BY OEM, SIZE & COUNTRY.....................................................................39<br />
GREATER CHINA OVERVIEW............................................................................................48<br />
<strong>2015</strong> Growth & Forecast for 2016.............................................................................57<br />
<strong>2015</strong> OPERATOR OVERVIEW...........................................................................................67<br />
Corporate Profile: Hawker Pacific Aircraft Management...........................................70<br />
Upcoming Aircraft: Gulfstream G600.........................................................................84<br />
<strong>2015</strong> OVERVIEW: FLEET AGE AND REGISTRATIONS.......................................................87<br />
ASIA PACIFIC SUPPORT INFRASTRUCTURE BY OEM.......................................................98<br />
ASIA PACIFIC FIXED-BASE OPERATORS (FBOs).............................................................107<br />
FINANCING & LEGAL FIRMS..........................................................................109<br />
INTERIOR COMPLETION C<strong>EN</strong>TRES ...............................................................................110<br />
Corporate Profile: Flying Colors Corp.…….…………………...........................................114<br />
ASIA PACIFIC CHARTER AIRCRAFT............…………..........................………..……....……....116<br />
AIRCRAFT MODELS POSITIONING...................................................................……........119<br />
PRE-OWNED AIRCRAFT FOR SALE……...............................………………...…….............….121
ASIA PACIFIC REGION<br />
20 20<br />
(+5%) (0%)<br />
South Korea<br />
139<br />
145<br />
(+4%)<br />
(N/A)<br />
China<br />
132<br />
116 (+14%)<br />
(+17%)<br />
19 22<br />
Japan<br />
44 49<br />
(+7%) (+11%)<br />
Bangladesh<br />
3<br />
3<br />
Macau<br />
13<br />
(0%)<br />
12<br />
(-8%)<br />
Hong Kong<br />
Taiwan<br />
33 33<br />
India<br />
Myanmar<br />
1<br />
1<br />
Thailand<br />
Cambodia<br />
289 300 3 3<br />
(+4%)<br />
(+16%)<br />
Largest<br />
Market<br />
Largest <strong>Fleet</strong><br />
Additions<br />
(+12%) (+16%) (+14%) (0%)<br />
1<br />
Vietnam<br />
63 63<br />
(+19%) (0%)<br />
3 3<br />
Brunei<br />
Singapore<br />
45 52<br />
(+13%) (+16%)<br />
Indonesia<br />
Papua New<br />
Guinea<br />
3<br />
3<br />
172 184<br />
(+7%)<br />
(N/A)<br />
Australia<br />
Note (1): <strong>Fleet</strong> distribution is based on business jets in service at their active base of operation.<br />
Note (2): 2014 data for Australia, India, New Zealand and other Oceania Islands has been determined by deducting from <strong>2015</strong> fleet total new<br />
and pre-owned deliveries less any aircraft that are known to have left a country but remained in the Asia Pacific region.<br />
2<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION<br />
ASIA PACIFIC REGION – BUSINESS JET FLEET<br />
2014<br />
1,068<br />
<strong>2015</strong><br />
1,134<br />
+6.2%<br />
44<br />
49<br />
(+13%) (+11%) (+12%) (-4%)<br />
Philippines<br />
48<br />
46<br />
Malaysia<br />
1<br />
Samoa<br />
1<br />
1<br />
New Caledonia<br />
Highest<br />
Growth Rate<br />
8 12<br />
(N/A) (+50%)<br />
New Zealand<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 3
4<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
EXECUTIVE SUMMARY<br />
The Asia Pacific business jet fleet stood at 1,134 aircraft by year end <strong>2015</strong>, a 6.2% increase over the prior year, and in<br />
line with most market forecasts. Overall, the region added 140 aircraft – 66 new and 74 pre-owned – but also saw 74<br />
aircraft leave.<br />
China remains the largest market in the Asia Pacific region with 300 business jets, though its growth rate was just 3.8%<br />
in <strong>2015</strong>, reflecting a significant deceleration from previous years. A number of factors contributed to this deceleration,<br />
which are described in detail throughout this report.<br />
After China, the next two largest markets in the Asia Pacific region are Australia with 184 aircraft (7% growth in <strong>2015</strong>)<br />
and India with 145 aircraft (4% growth in <strong>2015</strong>).<br />
Hong Kong saw the largest number of aircraft added to its fleet in <strong>2015</strong>, and increase of 16 business jets, which was<br />
partly a reflection of ongoing changes in the China market.<br />
Taken together, the key territories of China, Hong Kong, Australia and India represent over two-thirds of the region’s<br />
business jet fleet.<br />
The top three OEMs in the Asia Pacific region by market share are Bombardier, Gulfstream and Cessna, with 27%, 23%<br />
and 19% of the fleet, respectively.<br />
Examining only fleet additions in <strong>2015</strong>, Bombardier saw the largest increase with 51 additional aircraft (28 new and<br />
23 pre-owned). The most popular added model across the region was the Global 6000, and the fastest growing size<br />
category was the ‘long range’ segment.<br />
The top 20 operators in the Asia Pacific region fly 35% of the fleet, with 9 of the top 10 being operators in Greater<br />
China. Australia and India have the most operators, but these markets are extremely fragmented where 70% and 67%<br />
of the operators have just a single aircraft.<br />
From an age perspective, the Asia Pacific region remains one of the world’s youngest, with 63% of fleet being less than<br />
10 years old (Hong Kong has the youngest and Australia the oldest fleet, on average).<br />
The US aircraft (N) registration is still the most popular in the Asia Pacific region, and is currently being utilized in at<br />
least 15 countries.<br />
ASIA PACIFIC BUSINESS REGION BUSINESS JET FLEET JET REPORT FLEET – REPORT YEAR <strong>EN</strong>D – YEAR <strong>2015</strong> <strong>EN</strong>D <strong>2015</strong> 5
Introduced in October 2014 amid secrecy, fanfare and a<br />
surprise powered roll-out, the Gulfstream G500 is a longrange<br />
jet that offers an optimized package of performance,<br />
comfort and technology. Most notable among the aircraft’s<br />
attributes is its speed, the result of a highly swept wing and<br />
powerful, yet efficient, Pratt & Whitney Canada PW814GA<br />
engines. Taken together, this combination in the G500 plus<br />
its advanced airframe design propels eight passengers and<br />
their luggage to an altitude of 51,000 feet, 5,000 nautical<br />
miles (9260 km) at Mach 0.85, the perfect balance<br />
between altitude, range and speed allowing passengers<br />
to maximize every minute of their travel time. What’s<br />
more, the G500 offers segment-leading fuel efficiency that<br />
is 11 percent to 26 percent better than its competitors.<br />
Short takeoff distances mean the aircraft can also deliver<br />
outstanding performance when departing from demanding<br />
airports.<br />
All of that performance comes in a wide-body package<br />
that maximizes passenger comfort. The finished cabin,<br />
which measures 91 inches wide (2.41m) and 74 inches tall<br />
(1.93m), provides plenty of flexibility, with the ability to carry<br />
up to 19 passengers in three living areas. The aircraft’s<br />
uniquely shaped cross-section allows for generous elbow<br />
and shoulder room for seated passengers while also<br />
offering plenty of headroom for those moving about the<br />
cabin. Pedestal-mounted conference tables provide a<br />
stable work space that is height adjustable. A wealth of<br />
options means each living area can be tailored to create<br />
the perfect combination. The aircraft features both forward<br />
and aft lavatories and a full-sized galley that can be located<br />
in either the forward or aft portion of the aircraft unique<br />
to this class of aircraft. Ample storage space is prevalent<br />
throughout, especially in the baggage compartment, which<br />
offers 175 cubic feet of usable volume.<br />
The cabin environment is further enhanced by an industryleading<br />
cabin altitude of 4,850 feet/1,578 m at FL510 and<br />
100 percent fresh air that boosts mental alertness and<br />
productivity while reducing fatigue. With the quietest cabin<br />
in the industry, the G500 provides an ideal environment for<br />
work-related discussion or social conversation. The G500<br />
also offers the same panoramic oval windows found on the<br />
G650 and G650ER, allowing natural light to pour into the<br />
cabin and further enhance the passenger environment,<br />
making it perfect for getting work done or relaxing. If<br />
passengers want to watch a movie, they have their choice<br />
of options, with a high-definition entertainment system that<br />
can stream to 19 different devices simultaneously.<br />
In the G500 detail and personalized styling gets special<br />
attention too. Owners can choose from the finest materials,<br />
6<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
such as handmade carpets of silk or cashmere, handstitched<br />
leather dyed to the color of one’s choosing, and<br />
wood veneers sourced from around the world. Gulfstream<br />
design teams will assist throughout the cabin design<br />
process, helping create an aircraft tailored to the owner’s<br />
needs and tastes, utilizing the most elegant materials<br />
available.<br />
In the flight deck, cutting-edge technology comes in<br />
the form of active control sidesticks and integrated<br />
touchscreen panels.<br />
The industry-first active control sidesticks offer enhanced<br />
safety and situational awareness over passive sticks<br />
through tactile feedback. The sidesticks enable direct<br />
pilot input to be transmitted to the actuators controlling<br />
flight surfaces. Electronic linking of the sidesticks enable<br />
the pilot and co-pilot to see and feel each other’s control<br />
inputs, which helps improve pilot coordination in the<br />
cockpit.<br />
Adding to the pilots’ more intuitive interaction with the<br />
aircraft are 10 integrated touchscreens, which help reduce<br />
the number of cockpit switches by 70 percent. These<br />
touchscreens will be used for system controls, flight<br />
management, communication, checklists and monitoring<br />
weather and flight information.<br />
The G500 is currently undergoing flight test, with four of<br />
five test articles already in flight. Together, the four aircraft<br />
have flown more than 700 hours, achieving a top speed<br />
of Mach 0.995 and a maximum altitude of 53,000 feet.<br />
On the ground, four labs are dedicated to ground testing<br />
and systems integration, with more than 43,000 hours of<br />
testing already complete. The G500 is expected to receive<br />
Federal Aviation Administration certification in 2017, with<br />
entry into service in 2018.<br />
PERFORMANCE<br />
Maximum Range:<br />
5,000 nm / 9,260 km<br />
High-Speed:<br />
Mach 0.90 / 516 ktas<br />
Long-Range:<br />
Mach 0.85 / 488 ktas<br />
Maximum Operating Speed: Mach 0.925<br />
Takeoff Distance(SL, ISA, MTOW): 5,200 ft / 1,585 m<br />
Landing Distance(SL, ISA, MLW): 3,100 ft / 945 m<br />
Initial Cruise Altitude:<br />
41,000 ft / 12,497 m<br />
Maximum Cruise Altitude:<br />
51,000 ft / 15,545 m<br />
WEIGHTS<br />
Maximum Takeoff:<br />
76,850 lb / 34,859 kg<br />
Maximum Landing:<br />
64,350 lb / 29,189 kg<br />
Maximum Zero Fuel:<br />
52,100 lb / 23,632 kg<br />
Basic Operating (including 3 crew): 46,600 lb / 21,137 kg<br />
Maximum Payload:<br />
5,500 lb / 2,495 kg<br />
Payload with Maximum Fuel:<br />
1,800 lb / 816 kg<br />
Maximum Fuel:<br />
28,850 lb / 13,086 kg<br />
EXTERNAL<br />
Length:<br />
91 ft 2 in / 27.78 m<br />
Overall Span:<br />
87 ft 1 in / 26.55 m<br />
Height:<br />
25 ft 6 in / 7.78 m<br />
INTERNAL<br />
Total Interior Length:<br />
47 ft 7 in / 14.50 m<br />
Cabin Length (excluding baggage): 41 ft 6 in / 12.65 m<br />
Cabin Height:<br />
6 ft 4 in / 1.93 m<br />
Cabin Width:<br />
7 ft 11 in / 2.41 m<br />
Cabin Volume:<br />
1,715 cu ft / 48.56 cu m<br />
Baggage Compartment (usable volume): 175 cu ft / 4.96 cu m<br />
DESIGN STANDARDS<br />
Avionics:<br />
Gulfstream Symmetry Flight Deck<br />
Engines:<br />
Two Pratt & Whitney Canada PW815GA<br />
Rated Takeoff Thrust (each): 15,144 lb / 67.36 kN<br />
Passengers (Typical Outfitting):<br />
Up to 19 / 3 Crew<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong><br />
7
<strong>2015</strong> OVERVIEW: ADDITIONS AND DEDUCTIONS<br />
The Asia Pacific region saw the net addition of 66 business jets in <strong>2015</strong>, a growth<br />
rate of 6.2%.<br />
Underpinning this increase were 140 business jets entering the Asia Pacific<br />
region (split 47% / 53% between new and pre-owned additions), and a reduction<br />
of 74 aircraft leaving the region.<br />
The leading OEM by number of deliveries in <strong>2015</strong> was Bombardier with 51<br />
additional new and pre-owned aircraft additions (36% market share). This was<br />
followed by Gulfstream with 39 and Cessna with 16, for a 28% and 11% market<br />
share, respectively.<br />
Whereas Bombardier, Gulfstream and Embraer each delivered more new aircraft<br />
than pre-owned into the Asia Pacific region in <strong>2015</strong>, Cessna and the rest of the<br />
OEMs all saw more pre-owned aircraft added into the region than new.<br />
Similar to the profile of added aircraft, of those that left the region, 25 aircraft<br />
were Gulfstream, 18 were Bombardier and 8 were Cessna, due in part to trade-in<br />
factors or owners deciding to upgrade but remain with the same OEM.<br />
The most commonly added business jet model to the Asia Pacific fleet in <strong>2015</strong><br />
(for both new and pre-owned deliveries) was the Global 6000, with a total of 15<br />
additional aircraft, followed by the G450 with 12, the G550 with 9, the Global<br />
5000 with 8 and the G650 with 7; further establishing that the Asia Pacific region<br />
is a ‘large cabin size and up’ business jet market.<br />
This was further illustrated by combined deliveries of the ‘Global family’ from<br />
Bombardier and the ‘G450/550’ family from Gulfstream: 23 Globals and 21<br />
G450s/550s. A key difference however is that 17 of the Global aircraft were new<br />
versus only 9 of the G450s/550s. The Global family also saw only 6 deductions<br />
whereas the G450/550 family saw 11, though some of these G450/G550<br />
reductions reflected new G650 deliveries and orders.<br />
The territories in the Asia Pacific region with the most activity in <strong>2015</strong> were Hong<br />
Kong and China, including for both deliveries and reductions.<br />
Another active pre-owned market was Australia with 18% of all added aircraft,<br />
and Singapore, which accounted for 16% of all deductions. As Australia is a very<br />
mature business jet market, it is not surprising to see a well-established and<br />
thriving pre-owned market.<br />
8<br />
ASIA PACIFIC REIGION REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
<strong>Fleet</strong> Additions – Asia Pacific Region<br />
Net Additions - <strong>2015</strong><br />
New Deliveries<br />
ASIA PACIFIC REGION<br />
Boeing 3 (5%)<br />
Cessna 5 (8%)<br />
Embraer 6 (9%)<br />
Gulfstream<br />
20 (30%)<br />
42+30+9+8+5+3+3+G<br />
+66<br />
Bombardier<br />
28 (42%)<br />
Airbus 2 (3%)<br />
Dassault 2 (3%)<br />
Pre-owned Additions<br />
Boeing 2 (3%)<br />
Embraer 2 (3%)<br />
Airbus 7 (9%)<br />
Dassault 8 (11%)<br />
Cessna 11 (15%)<br />
30+26+15+11+10+3+3+1+1+G<br />
+74<br />
Hawker 1 (1%)<br />
Others 1 (1%)<br />
Bombardier 23 (31%)<br />
Gulfstream 19 (26%)<br />
Deductions<br />
Embraer 5 (7%)<br />
Dassault 5 (7%)<br />
Hawker 6 (8%)<br />
Cessna 8 (11%)<br />
34+25+11+7+7+7+5+4+G<br />
-74<br />
Airbus 3 (4%)<br />
Gulfstream 25 (34%)<br />
Boeing 4 (5%)<br />
Bombardier 18 (24%)<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 9
ASIA PACIFIC REGION<br />
Net Additions Per Model – New vs Pre-owned<br />
66 in total<br />
The most popular business jet models to be added to the Asia Pacific region fleet in <strong>2015</strong> were the Bombardier Global<br />
6000, Gulfstream G450 and G550.<br />
Airbus<br />
+6<br />
ACJ319<br />
ACJ318<br />
ACJ320<br />
ACJ330<br />
-1 1<br />
1<br />
-1 2<br />
-1 1<br />
4<br />
Deductions (-74)<br />
New Deliveries (66)<br />
Pre-owned (74)<br />
Boeing<br />
+1<br />
BBJ<br />
737-200 ADVANCED<br />
-3<br />
-1<br />
3 2<br />
Bombardier<br />
+33<br />
Global 6000<br />
Challenger 605<br />
Challenger 604<br />
Global 5000<br />
Challenger 800/850<br />
Learjet 31/A<br />
Challenger 300/350<br />
Challenger 870<br />
Global Express XRS<br />
Learjet 75<br />
Learjet 45/XR<br />
Learjet 35/A/36/A<br />
Learjet 60/XR<br />
Global Express<br />
-4<br />
-4<br />
-2<br />
-1<br />
-2<br />
-1<br />
-1<br />
-1<br />
-1<br />
-1<br />
5<br />
4<br />
5<br />
1 2<br />
2<br />
3<br />
1<br />
5<br />
1<br />
1<br />
1<br />
1<br />
12<br />
1<br />
3<br />
3<br />
Cessna<br />
+8<br />
Citation CJ4<br />
Citation S/II/Bravo/II/SP<br />
Citation 500/I/SP<br />
Citation Excel/XLS/+<br />
Citation Mustang<br />
Citation CJ2/+<br />
Citation Sovereign/+<br />
-1<br />
-1<br />
-3<br />
-1<br />
-2<br />
3<br />
3<br />
2<br />
2 1<br />
4<br />
1<br />
Dassault<br />
+5<br />
Falcon 2000/DX/EX EASy<br />
Falcon 2000LX/LXS<br />
Falcon 2000S<br />
Falcon 900EX/EASy<br />
Falcon 7X<br />
Falcon 900LX<br />
-4<br />
-1<br />
1<br />
1<br />
1<br />
1<br />
1<br />
2<br />
3<br />
Embraer<br />
+3<br />
Phenom 100<br />
Legacy 500<br />
Legacy 650<br />
Legacy 600<br />
Lineage 1000<br />
-2<br />
-2<br />
-1<br />
2<br />
1<br />
3<br />
2<br />
Gulfstream<br />
+14<br />
G450<br />
G650<br />
G550<br />
G280<br />
G650ER<br />
G300/G350<br />
G500<br />
G200<br />
G-II<br />
G-III<br />
G-V<br />
G-IV/IV-SP<br />
-6<br />
-5<br />
-3<br />
-3<br />
-3<br />
-1<br />
-1<br />
-1<br />
-1<br />
-1<br />
2 10<br />
6<br />
1<br />
7<br />
3<br />
2 1<br />
1<br />
1<br />
2<br />
1<br />
2<br />
Hawker<br />
-5<br />
Hawker 1000A/B<br />
Hawker 800A/B/850XP/XPI/125-A<br />
Hawker 900XP<br />
-1<br />
-3<br />
-2<br />
1<br />
Nextant<br />
+1<br />
Nextant 400XT/XTi<br />
1<br />
10<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION<br />
<strong>2015</strong> New Deliveries by Country and Aircraft Model<br />
66 in Total<br />
Hong Kong<br />
China<br />
Japan<br />
Singapore<br />
Australia<br />
India<br />
Taiwan<br />
Malaysia<br />
Philippines<br />
Indonesia<br />
Samoa<br />
Total<br />
% of Total<br />
Airbus ACJ318 1 1 2%<br />
ACJ319 1 1 2%<br />
Boeing BBJ 3 3 5%<br />
Bombardier Challenger 300/350 1 1 1 3 5%<br />
Challenger 605 2 2 1 5 8%<br />
Challenger 800/850 1 1 2%<br />
Challenger 870 1 1 2%<br />
Global 5000 2 1 1 1 5 8%<br />
Global 6000 5 1 2 2 1 1 12 18%<br />
Learjet 75 1 1 2%<br />
Cessna Citation CJ4 3 3 5%<br />
Citation Excel/XLS/+ 1 1 2 3%<br />
Dassault Falcon 2000LX/LXS 1 1 2%<br />
Falcon 7X 1 1 2%<br />
Embraer Legacy 500 1 1 2%<br />
Legacy 650 2 1 3 5%<br />
Phenom 100 1 1 2 3%<br />
Gulfstream G280 1 2 3 5%<br />
G450 2 2 3%<br />
G550 2 2 1 1 1 7 11%<br />
G650 5 1 6 9%<br />
G650ER 1 1 2 3%<br />
Total 18 17 6 6 4 4 4 3 2 1 1 66<br />
% of Total 27% 26% 9% 9% 6% 6% 6% 5% 3% 2% 2%<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 11
ASIA PACIFIC REGION<br />
<strong>2015</strong> Pre-Owned Additions by Country and Aircraft Model<br />
74 in Total<br />
Hong Kong<br />
Australia<br />
China<br />
Indonesia<br />
Philippines<br />
Singapore<br />
India<br />
New Zealand<br />
Malaysia<br />
South Korea<br />
Taiwan<br />
Thailand<br />
Total<br />
% of Total<br />
Airbus ACJ319 3 1 4 5%<br />
ACJ320 1 1 2 3%<br />
ACJ330 1 1 1%<br />
Boeing BBJ 2 2 3%<br />
Bombardier Challenger 604 4 4 5%<br />
Challenger 605 1 1 1%<br />
Challenger 800/850 2 2 3%<br />
Global 5000 2 1 3 4%<br />
Global 6000 1 1 1 3 4%<br />
Global Express XRS 1 1 1 1 1 5 7%<br />
Learjet 31/A 1 1 2 3%<br />
Learjet 35/A/36/A 1 1 1%<br />
Learjet 45/XR 1 1 1%<br />
Learjet 60/XR 1 1 1%<br />
Cessna Citation 500/I/SP 1 1 2 3%<br />
Citation CJ4 1 1 1%<br />
Citation Excel/XLS/+ 1 1 1%<br />
Citation Mustang 1 3 4 5%<br />
Citation S/II/Bravo/II/SP 2 1 3 4%<br />
Dassault Falcon 2000/DX/EX EASy 1 1 2 3%<br />
Falcon 2000S 1 1 1%<br />
Falcon 7X 1 1 1 3 4%<br />
Falcon 900EX/EASy 1 1 1%<br />
Falcon 900LX 1 1 1%<br />
Embraer Legacy 600 2 2 3%<br />
Gulfstream G200 1 1 2 3%<br />
G300/350 1 1 1%<br />
G450 3 3 1 1 2 10 14%<br />
G500 1 1 1%<br />
G550 1 1 2 3%<br />
G650 1 1 1%<br />
G65OER 1 1 1%<br />
G-V 1 1 1%<br />
Hawker Hawker 800A/B/850XP/XPI 1 1 1%<br />
Nextant Nextant 400XT/XTi 1 1 1%<br />
Total 14 13 13 7 6 6 6 4 2 1 1 1 74<br />
% of Total 19% 18% 18% 9% 8% 8% 8% 5% 3% 1% 1% 1%<br />
12<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
<strong>2015</strong> Deductions by Country and Aircraft Model<br />
74 in Total<br />
China<br />
Hong Kong<br />
Singapore<br />
Malaysia<br />
Australia<br />
India<br />
Philippines<br />
Taiwan<br />
Indonesia<br />
Thailand<br />
Japan<br />
Vietnam<br />
ASIA PACIFIC REGION<br />
South Korea<br />
Macau<br />
Total<br />
% of Total<br />
Airbus ACJ319 1 1 1%<br />
ACJ320 1 1 1%<br />
ACJ330 1 1 1%<br />
Boeing BBJ 1 1 1 3 4%<br />
737-200 ADVANCED 1 1 1%<br />
Bombardier Challenger 300/350 2 2 3%<br />
Challenger 605 1 1 1%<br />
Challenger 800/850 1 1 1%<br />
Global 5000 2 1 1 4 5%<br />
Global 6000 1 1 2 3%<br />
Global Express 1 1 1%<br />
Global Express XRS 3 1 4 5%<br />
Learjet 35/A/36/A 1 1 1%<br />
Learjet 45/XR 1 1 1%<br />
Learjet 60/XR 1 1 1%<br />
Cessna Citation CJ2/+ 1 1 1%<br />
Citation CJ4 1 1 1%<br />
Citation Excel/XLS/+ 1 1 1%<br />
Citation Mustang 3 3 4%<br />
Citation Sovereign/+ 1 1 2 3%<br />
Dassault Falcon 7X 2 1 1 4 5%<br />
Falcon 900LX 1 1 1%<br />
Embraer Legacy 600 1 1 2 3%<br />
Legacy 650 1 1 2 3%<br />
Lineage 1000 1 1 1%<br />
Gulfstream G200 1 1 1 3 4%<br />
G450 1 1 2 1 1 6 8%<br />
G500 1 1 1%<br />
G550 1 4 5 7%<br />
G650 1 1 1%<br />
G650ER 1 1 1%<br />
G-II 1 1 1%<br />
G-III 1 1 1%<br />
G-IV/IV-SP 2 1 3 4%<br />
G-V 2 1 3 4%<br />
Hawker Hawker 800/850 Family 1 1 1 3 4%<br />
Hawker 900XP 1 1 2 3%<br />
Hawker 1000A/B 1 1 1%<br />
Total 19 16 12 7 5 4 3 2 1 1 1 1 1 1 74<br />
% of Total 26% 22% 16% 9% 7% 5% 4% 3% 1% 1% 1% 1% 1% 1% 1%<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 13
14<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
<strong>2015</strong> FLEET BREAKDOWN BY COUNTRY & SIZE CATEGORY<br />
With 66 net aircraft added to the Asia Pacific business jet fleet in <strong>2015</strong>, the total fleet has now<br />
grown to 1,134 aircraft.<br />
The largest market is China, representing 26% of the total fleet (300 aircraft), followed by Australia<br />
with 16% (184 aircraft), India with 13% (145 aircraft) and Hong Kong with 12% (132 aircraft).<br />
Combined, the top 4 territories represent 67% of the total fleet.<br />
The top 3 OEMs in terms of market share are Bombardier with 27%, Gulfstream with 23% and<br />
Cessna with 19%, together representing nearly 70% of the total Asia Pacific business jet fleet. This<br />
1-2-3 ranking mirrors the net additions for each of the OEMs in <strong>2015</strong>: Bombardier +33 aircraft,<br />
Gulfstream +14 aircraft and Cessna +8 aircraft.<br />
Examining the top 4 markets individually and the top 3 largest OEM’s in each by market share:<br />
• China Gulfstream 32%, Bombardier 25% and Cessna 13% - total 70%<br />
• Australia Cessna 40%, Bombardier 35% and Hawker 7% - total 82%<br />
• Hong Kong Gulfstream 47%, Bombardier 36% and Dassault 5% - total 88%<br />
• India Cessna 22%, Bombardier 22% and Hawker 21% - total 65%<br />
The three largest OEMs by market share represent 65% or more of the fleet in each of the top 4<br />
Asia Pacific markets.<br />
Bolstered by its diverse product range, Bombardier is the only OEM with a top 3 market share<br />
position in all 4 top markets, and leading to its overall market share ranking for the Asia Pacific<br />
region.<br />
Gulfstream’s long range aircraft and dedicated branding efforts have positioned it with the leading<br />
market share in the Greater China region, which includes 171 of its aircraft and represents 65% of<br />
its total Asia Pacific fleet.<br />
A similar mission profile and dedicated customer base to that of the United States has factored<br />
into Cessna’s leading market share in Australia.<br />
The Indian market is relatively fragmented compared to the other top markets, and as a result all<br />
three of the OEMs referenced above have significant but effectively identical market share.<br />
Given the significance of the China market and that 27% of its total fleet is made up of long-range<br />
category aircraft, it is not too surprising that for the total Asia Pacific region ‘long-range’ aircraft<br />
constitute the largest market share overall (with 24% of the total fleet). This is followed by the ‘large’<br />
aircraft category with 22% (26% of the China fleet) and the ‘light’ aircraft category with 19% of the<br />
total fleet (41% of the Australian fleet).<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong><br />
15
ASIA PACIFIC REGION<br />
<strong>Fleet</strong> by OEM & Country – Asia Pacific Region<br />
300<br />
184<br />
145<br />
132<br />
63<br />
52<br />
49<br />
49<br />
46<br />
33<br />
China<br />
Australia<br />
India<br />
Hong Kong<br />
Singapore<br />
Indonesia<br />
Philippines<br />
Japan<br />
Malaysia<br />
Thailand<br />
Airbus 14 1 2 4 1 1 1 2 2<br />
Boeing 8 1 1 6 2 2 1 2 2<br />
Bombardier 75 64 31 48 29 13 10 5 15 1<br />
Cessna 39 73 32 1 4 11 26 9 8<br />
Dassault 34 8 19 7 2 4 2 7 3<br />
Embraer 20 5 17 3 7 13 1<br />
Gulfstream 98 9 12 62 18 7 10 11 8 10<br />
Hawker 12 14 31 2 3 10 9 3 1 7<br />
Others 9 2 1 4 1<br />
Total 300 184 145 132 63 52 49 49 46 33<br />
% of Total 26% 16% 13% 12% 6% 5% 4% 4% 4% 3%<br />
% Change from 2014 +3% +7% +4% +14% +16% +11% +11% -4%<br />
16<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION<br />
Boeing 33 (3%)<br />
Others 19 (2%)<br />
Airbus 34 (3%)<br />
Embraer 69 (6%)<br />
Dassault 91 (8%)<br />
Hawker<br />
98 (9%)<br />
27+23+19+9+8+6+3+3+2+G<br />
1,134<br />
Bombardier 306 (27%)<br />
Cessna 220 (19%)<br />
Gulfstream 264 (23%)<br />
22<br />
20<br />
12<br />
12<br />
3<br />
3<br />
3<br />
3<br />
1<br />
1<br />
1<br />
Taiwan<br />
South Korea<br />
Macau<br />
New Zealand<br />
Bangladesh<br />
Brunei<br />
Cambodia<br />
Papua New<br />
Guinea<br />
Myanmar<br />
New Caledonia<br />
Samoa<br />
Total<br />
% of<br />
Total<br />
% Change<br />
From 2014<br />
3 1 1 1 34 3% +21%<br />
1 5 2 33 3% +6%<br />
6 3 4 1 1 306 27% +12%<br />
8 6 2 1 220 19% +4%<br />
1 1 2 1 91 8% +6%<br />
1 2 69 6% +5%<br />
8 2 3 2 3 1 264 23% +6%<br />
3 1 1 1 98 9% -5%<br />
2 19 2% +6%<br />
22 20 12 12 3 3 3 3 1 1 1 1,134<br />
2% 2% 1% 1%<br />
+16% -8% +50%<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 17
ASIA PACIFIC REGION<br />
<strong>Fleet</strong> by OEM & Countries – Top Markets<br />
China<br />
Hong Kong<br />
Hawker 12 (4%)<br />
Airbus 14 (5%)<br />
Embraer 20 (7%)<br />
Dassault<br />
34 (11%)<br />
Cessna<br />
39 (13%)<br />
33+25+13+11+7+5+4+2+G<br />
Boeing 8 (3%)<br />
Gulfstream 98 (32%)<br />
47+36+5+5+3+2+2+G<br />
Boeing 6 (5%) Airbus 4 (3%)<br />
Dassault 7 (5%)<br />
300 132<br />
Embraer 3 (2%)<br />
Hawker 2 (2%)<br />
Bombardier 75 (25%)<br />
Bombardier<br />
48 (36%)<br />
Gulfstream 62 (47%)<br />
Macau<br />
Taiwan<br />
Dassault 1 (8%)<br />
Bombardier 4 (34%) Boeing 1 (4%) Embraer 1 (5%)<br />
Embraer 2 (17%)<br />
34+25+17+8+8+8+G 36+27+14+14+4+5+G<br />
12 22<br />
Airbus 3 (14%)<br />
Gulfstream 8 (36%)<br />
Airbus 1 (8%)<br />
Hawker 1 (8%)<br />
Gulfstream 3 (25%)<br />
Hawker 3 (14%)<br />
Bombardier 6 (27%)<br />
18<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION<br />
Japan<br />
South Korea<br />
Dassault 2 (4%)<br />
Hawker 3 (6%)<br />
Bombardier<br />
5 (10%)<br />
Gulfstream<br />
11 (23%)<br />
53+23+10+6+4+2+2+G 38+29+14+9+5+5+G<br />
Boeing 1 (2%)<br />
Airbus 1 (2%)<br />
Hawker 1 (5%) Airbus 1 (5%)<br />
Gulfstream 2 (10%)<br />
Bombardier<br />
3 (15%)<br />
49 20<br />
Cessna 8 (40%)<br />
Cessna 26 (53%)<br />
Boeing 5 (25%)<br />
India<br />
Thailand<br />
Gulfstream 12 (8%)<br />
Airbus 2 (1%)<br />
Boeing 2 (6%) Bombardier 1 (3%)<br />
Embraer 17 (12%)<br />
Boeing 1 (1%)<br />
Airbus 2 (6%)<br />
Gulfstream 10 (31%)<br />
Dassault<br />
19 (13%)<br />
24+21+21+13+11+8+1+1+G 31+24+21+9+6+6+3+G<br />
Cessna 32 (22%)<br />
Dassault 3 (9%)<br />
145 33<br />
Hawker 31 (21%)<br />
Bombardier 31 (22%)<br />
Hawker 7 (21%)<br />
Cessna 8 (24%)<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 19
ASIA PACIFIC REGION<br />
Philippines<br />
Malaysia<br />
Westwind 3 (6%)<br />
Dassault 4 (8%)<br />
Hawker<br />
9 (18%)<br />
22+22+20+18+8+6+2+2+G 33+20+18+15+4+4+2+2+2+G<br />
49<br />
Airbus 1 (2%)<br />
Dornier 1 (2%)<br />
Cessna<br />
11 (23%)<br />
Hawker 1 (2%)<br />
Airbus 2 (4%)<br />
Boeing 2 (4%)<br />
Dassault<br />
7 (15%)<br />
46<br />
Eclipse 1 (2%)<br />
Embraer 1 (2%)<br />
Bombardier<br />
15 (33%)<br />
Bombardier<br />
Gulfstream 10 (20%) 10 (20%) Gulfstream 8 (18%) Cessna 9 (20%)<br />
Singapore<br />
Indonesia<br />
Nextant 1 (2%)<br />
Sabreliner 1 (1%)<br />
Cessna 1 (2%)<br />
Airbus 1 (2%)<br />
Dassault 2 (4%) BAE 1 (2%)<br />
Boeing 2 (4%)<br />
Boeing 2 (3%)<br />
Hawker 3 (5%)<br />
Embraer<br />
7 (11%)<br />
44+29+11+5+3+2+2+2+2+G 25+25+19+13+8+4+4+2+G<br />
Bombardier 29 (46%)<br />
Cessna 4 (8%)<br />
Gulfstream<br />
7 (13%)<br />
63 52<br />
Bombardier 13 (25%)<br />
Gulfstream 18 (28%)<br />
Hawker 10 (19%)<br />
Embraer 13 (25%)<br />
20<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION<br />
Australia<br />
New Zealand<br />
Dassault 8 (4%)<br />
Embraer 5 (3%)<br />
Bombardier 1 (8%) Dassault 1 (8%)<br />
Westwind 8 (4%)<br />
Gulfstream 9 (5%)<br />
Hawker<br />
14 (7%)<br />
Bombardier 64 (35%)<br />
40+34+8+5+4+4+3+2+G 50+17+9+8+8+8+G<br />
Others 3 (2%)<br />
Cessna 73 (40%)<br />
Westwind 1 (8%)<br />
184 12<br />
Nextant<br />
1 (9%)<br />
Cessna 6 (50%)<br />
Gulfstream 2 (17%)<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 21
ASIA PACIFIC REGION<br />
<strong>Fleet</strong> by Size Category – Asia Pacific Region<br />
Very Light 86 (8%)<br />
Corp. Airliner 123 (11%)<br />
300<br />
Medium 175 (15%)<br />
11+24+22+20+15+8+G<br />
1,134<br />
Long Range 277 (24%)<br />
Light 220 (20%) Large 253 (22%)<br />
184<br />
145<br />
132<br />
63<br />
52<br />
49<br />
49<br />
46<br />
33<br />
22<br />
20<br />
12<br />
12<br />
3<br />
3<br />
3<br />
3<br />
1<br />
1<br />
1<br />
China<br />
Australia<br />
India<br />
Hong Kong<br />
Singapore<br />
Indonesia<br />
Japan<br />
Philippines<br />
Malaysia<br />
Thailand<br />
Taiwan<br />
South Korea<br />
Macau<br />
New Zealand<br />
Bangladesh<br />
Brunei<br />
Cambodia<br />
Papua New<br />
Guinea<br />
Myanmar<br />
New Caledonia<br />
Samoa<br />
Total<br />
% Change<br />
From 2014<br />
Corp. Airliner 60 2 8 15 3 4 2 3 4 4 5 6 3 3 1 123 +8%<br />
Long Range 81 31 18 71 17 9 12 2 9 7 7 4 3 3 1 1 1 277 +11%<br />
Large 79 26 33 34 22 18 5 10 11 3 2 1 5 1 1 1 1 253 +7%<br />
Medium 38 21 36 12 11 7 4 14 13 10 5 1 1 1 1 175 -2%<br />
Light 24 78 35 7 12 20 16 7 6 3 5 4 2 1 220 +6%<br />
Very Light 18 26 15 3 2 6 4 2 3 3 4 86 +4%<br />
Total 300 184 145 132 63 52 49 49 46 33 22 20 12 12 3 3 3 3 1 1 1 1,134<br />
% Change<br />
from 2014<br />
+4% +7% +4% + 14% + 16% + 11% + 11% -4% + 16% -8% + 50%<br />
22<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Size Category Description<br />
ASIA PACIFIC REGION<br />
Corporate Airliner<br />
Dornier 328JET<br />
Boeing 727-100<br />
Boeing 737-400<br />
Boeing 747-400<br />
Boeing 757-200<br />
Boeing 767-200ER<br />
Boeing 787-8<br />
Airbus A319ER<br />
Airbus 340-200<br />
ACJ318<br />
ACJ319<br />
ACJ320<br />
ACJ330<br />
BBJ<br />
BBJ2<br />
Challenger 800/850<br />
Challenger 870<br />
CRJ100/200/VIP<br />
ERJ135ER/LR<br />
Lineage 1000<br />
BAE 146<br />
Medium<br />
Long Range<br />
Falcon 7X<br />
Gulfstream G500*<br />
Gulfstream G550<br />
Gulfstream G650<br />
Gulfstream G650ER<br />
Global 5000<br />
Global 6000<br />
Global Express<br />
Global Express XRS<br />
Gulfstream V<br />
Light<br />
Large<br />
Challenger 600/601<br />
Challenger 604<br />
Challenger 605<br />
Falcon 2000/DX/EX EASy<br />
Falcon 2000LX/LXS<br />
Falcon 2000S<br />
Falcon 900/C/DX<br />
Falcon 900EX/EASy<br />
Falcon 900LX<br />
Gulfstream G300/G350<br />
Gulfstream G450<br />
Gulfstream II<br />
Gulfstream III<br />
Gulfstream IV/IV-SP<br />
Legacy 600<br />
Legacy 650<br />
Very Light<br />
Challenger 300/350<br />
Citation Sovereign/+<br />
Citation X/+<br />
Falcon 20D/F-5<br />
Falcon 50<br />
Gulfstream G100/G150<br />
Gulfstream G200<br />
Gulfstream G280<br />
Hawker 1000A/B<br />
Hawker 4000<br />
Hawker 700A/B/750<br />
Hawker 800A/B/850XP/XPI/125-1A<br />
Hawker 900XP<br />
Learjet 60/XR<br />
Legacy 500<br />
Citation 500/I/SP<br />
Citation 525/CJ1/+/M2<br />
Citation CJ2/+<br />
Citation Mustang<br />
Citation CJ3<br />
Eclipse 500<br />
Citation CJ4<br />
Learjet 24/B/D/E/25B<br />
Citation Encore/+<br />
Phenom 100<br />
Citation Excel/XLS/+<br />
Premier I/IA<br />
Citation III/VI/VII<br />
Citation S/II/Bravo/II/SP<br />
Citation Ultra/V<br />
Falcon 10<br />
Hawker 400/A/B/Diamond I<br />
Hawker 400XP<br />
Learjet 31/A<br />
Learjet 35/A/36/A<br />
Learjet 40<br />
Learjet 45/XR<br />
Learjet 75<br />
Nextant 400XT/XTi<br />
Phenom 300<br />
Sabreliner 65<br />
Westwind 1/2<br />
* Gulfstream G500 is a former variant of the G550, introduced into service in 2004.<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 23
Kevin Wu,<br />
Vice President International<br />
Sales<br />
Greater China and Mongolia<br />
24<br />
ASIA PACIFIC ASIA REGION PACIFIC BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Kevin Wu is the International Vice President, Greater China<br />
& Mongolia Sales for Textron Aviation. He also services<br />
as Chairman of the Asian <strong>Business</strong> Aviation Association<br />
(AsBAA) and Co-Chairman of the Aerospace Forum under<br />
the American Chamber of Commerce (AmCham) in China.<br />
Wu’s 30-year aviation career had its seeds planted as early<br />
as his high school days when during the high education<br />
examination periods in China, he had to pick a field as<br />
his career. “Aviation at the time was a dream that was<br />
far out of reach of most ordinary people’s lives,” he said.<br />
Naturally drawn to breaking new ground and overcoming<br />
obstacles, Kevin saw opportunities where others saw<br />
hurdles. “I decided that it was worth taking the chance to<br />
apply into the aviation sector. If I applied, at least I would<br />
have a fighting chance,” recalled Wu.<br />
With a degree in Air Traffic Management from the<br />
prestigious Civil Aviation University of China (CAUC) in<br />
Tianjin, for the next six years following his graduation Wu<br />
honed his skills as an air traffic controller in the Xi’an and<br />
Guilin international airports. “It was during this time that<br />
I developed so many skills that are still serving me to this<br />
day, including clear, concise, and precise communications,<br />
self discipline, multitasking, having sound understanding<br />
of what’s happening around you, understanding other<br />
people, and able to quickly find a solution.” Wu also<br />
spent a considerable amount of time doing ATC on-the-job<br />
training at the Malmo and Arlanda International Airport in<br />
Sweden, as well as the Copenhagen International Airport<br />
in Denmark. All of these opportunities had offered him<br />
first hand exposure to the Western culture, broadening his<br />
scope in the industry that eventually became critical for his<br />
later endeavors.<br />
With China’s goal of establishing world class aviation<br />
standards in the 1990’s, Wu’s skills and broad<br />
international experience saw him become Senior Lecturer<br />
at the same university he had just graduated from six<br />
years prior. For the next five years, Wu trained some of the<br />
brightest and most ambitious minds that went on to serve<br />
China’s aviation industry, including air force ATC officers,<br />
as well as international ATC officials from Southeast Asia<br />
and Africa. At the same time, Wu became Deputy to ICAO<br />
Project Director, establishing training curriculums and<br />
courses that are still in place and taught to this day.<br />
Western, corporate environment of Lockheed Martin, but<br />
I enjoyed it,” says Wu. When asked about the challenges<br />
and obstacles that he had to overcome during this<br />
transition, Wu says that there were “language and cultural<br />
challenges, and the adjustment of understanding why<br />
people from different cultures think so differently. But<br />
that was the value I brought to the table too - my technical<br />
background combined with an understanding of both the<br />
East and the West, including from my experience abroad in<br />
Sweden.”<br />
After half a decade with Lockheed Martin, Kevin left<br />
as <strong>Business</strong> Development Director, Greater China<br />
Region to join Textron Inc., the global leader in general<br />
aviation, as VP for Strategy, <strong>Business</strong> Development and<br />
Government Affairs, and later transferred to the Cessna<br />
Aircraft Company to oversee North Asia for Sales &<br />
Market Development. Following Cessna and Beechcraft’s<br />
consolidation into Textron Aviation Inc in 2014, Wu<br />
currently leads and coordinates the sales, marketing,<br />
and customer service efforts in North Asia. “I see great<br />
prospects ahead for Textron Aviation. We are not just here<br />
to receive, but here to give and share. We have a strong<br />
team with localized insights that meet real demands,” says<br />
Wu.<br />
In Wu’s spare time, he continues to inspire and shape<br />
the next generation’s minds at the request of various<br />
universities, providing first class instruction and training.<br />
Wu also spends time inspiring the youth through AsBAA<br />
initiatives, most recently with visiting selected schools in<br />
Beijing, Tianjin, Chengdu, Nanjing, and Shanghai to provide<br />
seminars. In asking what advice he could give to the next<br />
generation, Wu says, “at first, try everything - learn as much<br />
as you can beyond your own designated major or subjects<br />
so that you become well-rounded. Then in the next few<br />
years, identify your real passions and gradually focus on<br />
one or two of them so that you become a specialist. Then<br />
when you have the opportunity, become a generalist so<br />
that you move into management with the solid foundation<br />
and insight of a specialist.” Wu reminds the youth that “In<br />
the end, all fields have their commonality in where they<br />
began. That is why you must take your time to find yours<br />
and nurture it.”<br />
By the time that Wu had 15 years of lecturing under<br />
his belt, he was Executive Director of the International<br />
Department at the Civil Aviation University of China,<br />
with extensive experience in U.S.-China programs and<br />
negotiations in both the government and private sectors.<br />
It was at this time that Wu found his next calling with<br />
the American global aerospace and defense company<br />
Lockheed Martin, where he served in sales and business<br />
development capacities. “It was perhaps the biggest<br />
change for me psychologically, making the switch from<br />
providing training programs at the CAUC to working in the<br />
ASIA PACIFIC REGION BUSINESS BUSINESS JET FLEET JET REPORT FLEET REPORT – YEAR <strong>EN</strong>D – YEAR <strong>2015</strong> <strong>EN</strong>D <strong>2015</strong><br />
25
ASIA PACIFIC REGION<br />
<strong>2015</strong> FLEET BREAKDOWN BY OEM<br />
The top three ranked OEMs in the Asia Pacific region, by market share, are Bombardier, Gulfstream<br />
and Cessna.<br />
• Bombardier’s share of the Asia Pacific market at the end of <strong>2015</strong> was 27% (306<br />
aircraft) – with its top 3 markets being China (75 aircraft), Australia (64 aircraft) and<br />
Hong Kong (48 aircraft). Its most popular models in the Asia Pacific region are the<br />
Challenger 605 (39 aircraft), Global 6000 (35 aircraft) and the Global 5000 (33 aircraft).<br />
• Gulfstream’s share of the Asia Pacific market was 23% (264 aircraft) – with its top<br />
2 markets being China (98 aircraft) and Hong Kong (62 aircraft). Its most popular<br />
models in the Asia Pacific region are the G550 (94 aircraft) and the G450 (72 aircraft).<br />
• Cessna’s share of the Asia Pacific market was 19% (220 aircraft) – with its top market being<br />
Australia (73 aircraft) and its most popular models being the Citation II / Bravo family (38 aircraft).<br />
• Hawker’s share of the Asia Pacific market was 9% (98 aircraft) – with its best market being<br />
India (31 aircraft) and its most popular models being the Hawker 800/850 family (38 aircraft). *<br />
• Dassault’s share of the Asia Pacific market was 8% (91 aircraft) – with its best market<br />
being China (34 aircraft) and its most popular model being the Falcon 7X (36 aircraft).<br />
• Embraer’s share of the Asia Pacific market was 6% (69 aircraft) – with its<br />
largest markets being China (20 aircraft), India (17 aircraft) and Indonesia (13<br />
aircraft). Its most popular models are the Legacy 600/650 family (41 aircraft).<br />
• Airbus’s share of the Asia Pacific market was 3% (34 aircraft) with its best market<br />
being China (14 aircraft) and its most popular model being the ACJ319 (18 aircraft).<br />
• Boeing’s share of the Asia Pacific market was 3% (33 aircraft), with its best markets being China<br />
(8 aircraft), Hong Kong (6 aircraft) and Korea (5 aircraft). Its most popular model in the Asia<br />
Pacific region is the BBJ1 (22 aircraft).<br />
*Note: Hawker was acquired by Cessna’s parent company, Textron, 2014; and the Hawker business<br />
jet line has since been discontinued.<br />
26<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
<strong>Fleet</strong> by Major OEM – Asia Pacific Region<br />
ASIA PACIFIC REGION<br />
Airbus<br />
Macau 1 (3%)<br />
Japan 1 (3%)<br />
Brunei 1 (3%)<br />
Philippines 1 (3%)<br />
Singapore 1 (3%)<br />
South Korea 1 (3%)<br />
Australia 1 (3%)<br />
Thailand 2 (6%)<br />
Malaysia 2 (6%)<br />
India 2 (6%)<br />
41+11+9+6+6+6+3+3+3+3+3+3+3+G<br />
34<br />
China 14 (41%)<br />
Taiwan 3 (9%)<br />
Hong Kong 4 (11%)<br />
14<br />
4 3 2 2 2 1 1 1 1 1 1 1<br />
China<br />
Hong Kong<br />
Taiwan<br />
India<br />
Malaysia<br />
Thailand<br />
Australia<br />
Brunei<br />
Japan<br />
Macau<br />
Philippines<br />
Singapore<br />
South Korea<br />
Total<br />
Change<br />
from<br />
2014<br />
A319ER 3 3<br />
A340-200 1 1<br />
ACJ318 3 2 2 1 8 +1<br />
ACJ319 7 2 1 2 1 1 1 1 1 1 18 +4<br />
ACJ320 1 1 1 3 +1<br />
ACJ330 1 1<br />
Total 14 4 3 2 2 2 1 1 1 1 1 1 1 34<br />
Change from 2014 +4 -2 +1 +1 +1 +1 +6<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 27
ASIA PACIFIC REGION<br />
Boeing<br />
Australia 1 (3%) India 1 (3%)<br />
Thailand 2 (6%)<br />
Japan 1 (3%)<br />
Taiwan 1 (3%)<br />
Singapore 2 (6%)<br />
Malaysia 2 (6%)<br />
Indonesia 2 (6%)<br />
23+17+18+6+6+6+6+6+3+3+3+3+G<br />
33<br />
China 8 (23%)<br />
Hong Kong 6 (18%)<br />
Brunei 2 (6%)<br />
South Korea 5 (15%)<br />
8<br />
6 5<br />
2 2 2 2 2 1 1 1 1<br />
China<br />
Hong Kong<br />
South Korea<br />
Brunei<br />
Indonesia<br />
Malaysia<br />
Singapore<br />
Thailand<br />
Australia<br />
India<br />
Japan<br />
Taiwan<br />
Total<br />
Change<br />
from<br />
2014<br />
B727-100 1 1 2<br />
B737-400 1 1<br />
B747-400 1 1<br />
B757-200 1 1<br />
B767-200ER 1 1<br />
BBJ 7 5 5 1 1 1 1 1 22 +2<br />
BBJ2 1 1 1 1 1 5<br />
Total 8 6 5 2 2 2 2 2 1 1 1 1 33<br />
Change from 2014 +3 +1 -1 -1 -1 +1*<br />
* includes one B737-200 ADVANCED which left Malaysia<br />
28<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION<br />
Bombardier<br />
Japan 5 (2%)<br />
Taiwan 6 (2%)<br />
Philippines 10 (3%)<br />
Indonesia 13 (4%)<br />
Malaysia 15 (5%)<br />
Singapore 29 (9%)<br />
24+20+16+12+9+4+4+4+2+2+1+1+1+G<br />
306<br />
Macau 4 (1%)<br />
South Korea 3 (1%)<br />
Others 3 (1%)<br />
China 75 (24%)<br />
India 31 (10%) Australia 64 (21%)<br />
75<br />
64<br />
48<br />
31<br />
Hong Kong 48 (16%)<br />
29<br />
15 13 10<br />
6<br />
5 4<br />
3<br />
1<br />
1<br />
1<br />
China<br />
Australia<br />
Hong Kong<br />
India<br />
Singapore<br />
Malaysia<br />
Indonesia<br />
Philippines<br />
Taiwan<br />
Japan<br />
Macau<br />
South Korea<br />
Myanmar<br />
New Zealand<br />
Thailand<br />
Total<br />
Change<br />
from<br />
2014<br />
Challenger 300/350 5 2 6 3 1 1 18 +1<br />
Challenger 600/601 4 1 1 1 7<br />
Challenger 604 2 13 3 4 2 24 +4<br />
Challenger 605 13 9 3 7 2 1 1 1 2 39 +5<br />
Challenger 800/850 15 4 1 1 1 22 +2<br />
Challenger 870 12 12 +1<br />
CRJ100/200/VIP 7 1 1 1 10<br />
Global 5000 3 12 5 6 3 3 1 33 +4<br />
Global 6000 7 4 11 3 5 1 1 1 2 35 +13<br />
Global Express 2 8 3 1 1 2 1 18 -1<br />
Global Express XRS 1 13 3 2 2 2 1 2 2 1 1 30 +1<br />
Learjet 40 1 1<br />
Learjet 75 1 1 +1<br />
Learjet 24/B/D/E/25B 1 2 1 4<br />
Learjet 31/A 1 3 2 1 7 +2<br />
Learjet 35/A/36/A 5 15 2 2 1 25<br />
Learjet 45/XR 4 2 1 7<br />
Learjet 60/XR 3 1 1 3 3 2 13<br />
Total 75 64 48 31 29 15 13 10 6 5 4 3 1 1 1 306<br />
Change from 2014 -1 +10 +10 +4 +5 +4 -1 +2 +1 -1 +33<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 29
ASIA PACIFIC REGION<br />
Cessna<br />
Indonesia 4 (2%)<br />
New Zealand 6 (3%)<br />
Thailand 8 (3%)<br />
South Korea 8 (4%)<br />
Malaysia 9 (4%)<br />
Japan 26 (12%)<br />
India 32 (14%)<br />
33+17+14+12+5+4+4+4+3+2+2+G<br />
China<br />
Others 4 (2%)<br />
Philippines 11 (5%) Australia 73 (33%)<br />
220<br />
39 (18%)<br />
73<br />
39<br />
32<br />
26<br />
11 9 8 8<br />
6<br />
4<br />
2<br />
1 1<br />
Australia<br />
China<br />
India<br />
Japan<br />
Philippines<br />
Malaysia<br />
South Korea<br />
Thailand<br />
New Zealand<br />
Indonesia<br />
Papua New<br />
Guinea<br />
New Caledonia<br />
Singapore<br />
Total<br />
Change<br />
from<br />
2014<br />
Citation CJ3 3 1 1 5<br />
Citation CJ4 3 1 1 1 1 7 +3<br />
Citation Mustang 9 4 1 3 1 2 4 24 +1<br />
Citation Encore/+ 2 2 4<br />
Citation Sovereign/+ 5 4 3 2 4 18 -2<br />
Citation X/+ 2 1 2 1 6<br />
Citation 500/I/SP 9 1 1 1 12 +2<br />
Citation S/II/Bravo/II/SP 20 4 7 1 3 2 1 38 +3<br />
Citation CJ2/+ 3 11 7 21 -1<br />
Citation Excel/XLS/+ 1 12 9 4 3 29 +2<br />
Citation III/VI/VII 5 1 1 1 1 1 10<br />
Citation Ultra/V 4 1 4 1 4 14<br />
Citation 525/CJ1/+/M2 10 13 2 3 1 3 32<br />
Total 73 39 32 26 11 9 8 8 6 4 2 1 1 220<br />
Change from 2014 +2 +3 +1 +1 +1 +3 -2 +8*<br />
* includes one aircraft which left Hong Kong<br />
30<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION<br />
Dassault<br />
Indonesia 2 (2%)<br />
Bangladesh 2 (2%)<br />
Japan 2 (2%)<br />
Thailand 3 (3%)<br />
Philippines 4 (5%)<br />
Malaysia 7 (8%)<br />
Hong Kong 7 (8%)<br />
37+21+9+8+8+5+3+2+2+2+1+1+1+G<br />
91<br />
New Zealand 1 (1%)<br />
Macau 1 (1%)<br />
Papua New Guinea 1 (1%)<br />
China 34 (37%)<br />
Australia 8 (9%)<br />
India 19 (21%)<br />
34<br />
19<br />
8 7 7<br />
4 3 2 2 2 1 1 1<br />
China<br />
India<br />
Australia<br />
Hong Kong<br />
Malaysia<br />
Philippines<br />
Thailand<br />
Bangladesh<br />
Indonesia<br />
Japan<br />
Macau<br />
New Zealand<br />
Papua New<br />
Guinea<br />
Falcon 10 1 1<br />
Falcon 2000S 1 1 2 +1<br />
Falcon 50 1 1 2<br />
Falcon 7X 26 2 2 4 1 1 36<br />
Falcon 900LX 4 2 1 7<br />
Falcon 2000/DX/EX EASy 11 1 1 13 +2<br />
Falcon 2000LX/LXS 2 3 1 2 1 2 1 1 13 +1<br />
Falcon 20D/F-5 2 2 4<br />
Falcon 900/C/DX 1 1 1 1 2 6<br />
Falcon 900EX/EASy 3 1 1 1 1 7 +1<br />
Total 34 19 8 7 7 4 3 2 2 2 1 1 1 91<br />
Change from 2014 +2 +2 +1 -1 +1 +1 +5*<br />
Total<br />
Change<br />
from<br />
2014<br />
* includes one aircraft which left Singapore<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 31
ASIA PACIFIC REGION<br />
Embraer<br />
29+25+19+10+7+4+3+2+1+G<br />
Macau 2 (3%) Malaysia 1 (2%)<br />
Hong Kong 3 (4%)<br />
Australia 5 (7%)<br />
Singapore 7 (10%)<br />
Indonesia 13 (19%)<br />
69<br />
Taiwan 1 (1%)<br />
China 20 (29%)<br />
India 17 (25%)<br />
20<br />
17<br />
13<br />
7<br />
5<br />
3 2 1 1<br />
China<br />
India<br />
Indonesia<br />
Singapore<br />
Australia<br />
Hong Kong<br />
Macau<br />
Malaysia<br />
Taiwan<br />
Legacy 500 1 1 +1<br />
Legacy 600 2 7 6 1 1 1 1 19<br />
Legacy 650 14 5 2 1 22 +1<br />
Lineage 1000 4 1 1 1 1 8 -1<br />
Phenom 100 1 6 1 3 1 12 +2<br />
Phenom 300 1 1 3 5<br />
ERJ135ER/LR 2 2<br />
Total 20 17 13 7 5 3 2 1 1 69<br />
Change from 2014 +2 +1 +1 +1 -1 +3*<br />
* includes one aircraft which left Vietnam<br />
Total<br />
Change<br />
from<br />
2014<br />
32<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION<br />
Gulfstream<br />
Indonesia 7 (3%)<br />
Taiwan 8 (3%)<br />
Malaysia 8 (3%)<br />
Australia 9 (4%)<br />
Thailand 10 (4%)<br />
Phillippines 10 (4%)<br />
Japan 11 (4%)<br />
India 12 (5%)<br />
37+23+8+5+4+4+4+4+3+2+2+1+1+1+1+G<br />
264<br />
Cambodia 3 (1%)<br />
Macau 3 (1%)<br />
New Zealand 2 (1%)<br />
South Korea 2 (1%)<br />
Samoa 1<br />
China 98 (37%)<br />
Singapore 18 (8%) Hong Kong 62 (23%)<br />
98<br />
62<br />
18<br />
12 11 10<br />
10 9 8 8 7<br />
3 3 2 2 1<br />
China<br />
Hong Kong<br />
Singapore<br />
India<br />
Japan<br />
Philippines<br />
Thailand<br />
G100/G150 1 1 1 2 5<br />
Australia<br />
G200 10 6 2 4 2 4 2 1 1 1 33 -1<br />
G280 4 1 2 7 +3<br />
G300/G350 1 1 2 +1<br />
G450 40 16 6 3 1 2 2 1 1 72 +6<br />
G500 1 1<br />
G550 41 26 5 3 1 1 3 2 1 3 2 1 2 2 1 94 +4<br />
G650 9 5 1 1 2 18 +6<br />
G650ER 2 1 3 +2<br />
G-II 1 1 -1<br />
G-III 1 1 -1<br />
G-V 1 1 1 1 2 2 1 9 -2<br />
G-IV/IV-SP 2 2 2 2 2 4 3 1 18 -3<br />
Total 98 62 18 12 11 10 10 9 8 8 7 3 3 2 2 1 264<br />
Change from 2014 +1 +9 -1 +1 +3 -1 -2 +3 +1 +14<br />
Malaysia<br />
Taiwan<br />
Indonesia<br />
Cambodia<br />
Macau<br />
New Zealand<br />
South Korea<br />
Samoa<br />
Total<br />
Change<br />
from<br />
2014<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 33
ASIA PACIFIC REGION<br />
Hawker<br />
Bangladesh 1 (1%)<br />
Hong Kong 2 (2%)<br />
Taiwan 3 (3%)<br />
Singapore 3 (3%)<br />
Japan 3 (3%)<br />
Thailand 7 (7%)<br />
Philippines 9 (9%)<br />
Indonesia 10 (10%)<br />
32+15+12+10+9+7+3+3+3+2+1+1+1+1+G<br />
98<br />
Macau 1 (1%)<br />
Malaysia 1 (1%)<br />
South Korea 1 (1%)<br />
India 31 (32%)<br />
31<br />
Australia 14 (15%)<br />
China 12 (12%)<br />
14<br />
12<br />
10 9<br />
7<br />
3<br />
3 3 2<br />
1<br />
1 1<br />
1<br />
India<br />
Australia<br />
China<br />
Indonesia<br />
Philippines<br />
Thailand<br />
Japan<br />
Singapore<br />
Taiwan<br />
Hong Kong<br />
Bangladesh<br />
Macau<br />
Malaysia<br />
South Korea<br />
Hawker 4000 2 1 1 4<br />
Hawker 400XP 1 1 2 2 6<br />
Hawker 900XP 7 2 2 5 16 -2<br />
Hawker 400/A/B/Diamond I 2 2 1 2 2 2 1 12<br />
Hawker 1000A/B 1 1 2 -1<br />
Hawker 700A/B/750 2 5 1 8<br />
Hawker 800A/B/<br />
850XP/XPI/125-1A<br />
11 6 8 1 3 4 1 1 2 1 38 -2<br />
Premier I/IA 6 2 2 1 1 12<br />
Total 31 14 12 10 9 7 3 3 3 2 1 1 1 1 98<br />
Change from 2014 -1 -2 -2 +1 -1 -5<br />
Total<br />
Change<br />
from<br />
2014<br />
34<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 35
Taj Air Metrojet Aviation (TAMA)<br />
Prashant Bhushan,<br />
CEO<br />
TAMA provides maintenance, repair and overhaul (MRO)<br />
services for business jets based in India. It is a joint venture<br />
between Taj Air, an executive charter service in India which<br />
is part of the publicly-listed multinational conglomerate TATA<br />
Group, and Metrojet, a business jet operator in Asia which is<br />
part of the Kadoorie group. The joint venture brings together<br />
nearly 40 years of combined business jet and aviation<br />
maintenance expertise into a single company, committed to<br />
providing unparalleled service to customers.<br />
TAMA is a fully certified CAR 145 maintenance repair station<br />
with approvals from the DGCA in India to maintain the Falcon<br />
2000, Falcon 2000EX, P.180 Avanti II, Gulfstream G550,<br />
G200, and Hawker (700/800/900) business jets. TAMA is an<br />
Authorized Service Center for Dassault Falcon for the Falcon<br />
2000 and 2000EX and manages the largest fleet of Dassault<br />
Falcon business jets in India. TAMA can carry out maintenance<br />
on Falcon 2000 aircraft fitted with CFE738-1-1B engines,<br />
Falcon 2000EX EASy aircraft fitted with Pratt & Whitney 308C<br />
engines and Piaggio P180 Avanti II aircraft fitted with P&W<br />
PT6A-66B engines.<br />
TAMA currently operates out of a state-of-the-art hangar in<br />
Mumbai and also provides line maintenance at other key<br />
locations in India such as Kolkata, Chennai and Delhi. With a<br />
team of over 30 highly experienced and skilled maintenance<br />
professionals, combined with top quality infrastructural support<br />
and an extensive spare parts inventory, TAMA is ready to provide<br />
immediate maintenance support around the clock to Asia’s high<br />
flyers.<br />
TAMA manages most of the India-registered Falcon 2000 and<br />
Falcon 2000EX EASy aircraft in the country. Besides its affiliate<br />
Taj Air, its customers include top corporate business entities in<br />
India and other discerning private customers.<br />
The scope of services offered by the company include:<br />
• Line & Base maintenance<br />
• Avionics line maintenance<br />
• Interior & exterior cleaning<br />
• Tyre change and maintenance on aircraft wheels<br />
• Maintenance of Ni-Cd batteries installed in aircraft<br />
• CVR and DFDR readout<br />
• AD, SB & Modification Compliance<br />
Prashant Bhushan is the CEO of Taj Air Metrojet Aviation,<br />
having taken over the reins in <strong>2015</strong>. A general management<br />
professional with the TATA Group, Prashant is one of the few<br />
young professionals to have moved laterally into this sector<br />
after a decade in telecommunications with the TATA Group and<br />
with experience in several general management roles in both<br />
retail and enterprise business.<br />
36<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
What has been your experience of the Indian General<br />
Aviation market?<br />
In the last 12 months, I have traveled extensively and had the<br />
opportunity to interact with most of the major OEMs. Over the<br />
last few years, it seems that most OEMs have seen India as a<br />
potential long-term market, but are fraught with caution given<br />
the need to create adequate infrastructure in order to realize<br />
the suppressed demand clearly present in the country. It is<br />
important for this perception to change for the better and the onground<br />
investments in airports & supporting ecosystems such as<br />
MRO will be the key to translating this promise into reality.<br />
India has one of the youngest and fastest-growing wealthy<br />
populations in the world. A recent report states billionaires in<br />
India grew 333% in the last 10 years, compared to the global<br />
average of 68%. This suggests that India is a strong and highpotential<br />
market for business jets but the question in people’s<br />
mind is about whether the infrastructure will enable some of this<br />
“suppressed demand” to manifest itself adequately or not.<br />
What do you see as some of the unique challenges or<br />
features of the General Aviation market in India?<br />
I see the same unique characteristic exhibited in India in General<br />
Aviation as I experienced for a decade in my previous industry<br />
(telecommunications): an extreme attentiveness to the pricefor-value<br />
equation. Indian owners (not just individuals, but also<br />
corporate clients) are extremely careful about money spent, even<br />
on an item such as a $20-$50M business jet. It is the DNA that<br />
is embedded in the Indian psyche, in that of its people, to not<br />
be profligate. Hence there is a compelling need to translate the<br />
promise of a brand or of great quality, into a clear and tangible<br />
value proposition for customers here. I think that also presents<br />
a great opportunity for an MRO like us, an upcoming challenger<br />
in the Indian market, to build a MRO of high quality & global<br />
standards, yet with a strong price-to-value offering. In our minds,<br />
high quality and efficient costs are not tradeoffs. One could<br />
lead to the other with the right attention to processes, quality<br />
standards, and through satisfied and motivated employees.<br />
The fleet fragmentation in India is also quite unique. In most<br />
markets, the top 10 types of jets make up 50-60% of the volume.<br />
In India, which has a total market of about 150 business jets,<br />
there are 50-60 different types of aircraft, with several aircraft<br />
types being just one or 2-3 of each type. This puts immense<br />
pressure on creating an associated ecosystem, whether it’s<br />
the outfitting of the internal team to manage operations, MRO,<br />
pilots, or even the regulator (who too has to invest in managing<br />
and understanding these multitude of aircraft types with limited<br />
resources).<br />
We also need to keep in mind that the high growth in domestic<br />
commercial passenger traffic in India is among the highest<br />
in the world. As per the DGCA, Indian airlines flew 81 million<br />
passengers in <strong>2015</strong>, a 23% increase over 2014 (67.4 million).<br />
This growth is putting immense pressure on the available airport<br />
infrastructure in the country and it is a reality that General<br />
Aviation has to compete for this with commercial aviation. I think<br />
the airport authorities have done a great job, keeping pace with<br />
this growth so far, despite there being areas where they face<br />
criticism. Airports in Delhi, Mumbai, Bengaluru and Hyderabad<br />
are all world-class in terms of passenger amenities. What is<br />
missing perhaps is the scale to allow for creating the all-important<br />
ecosystem for MROs by way of earmarking specific space for<br />
hangars, parking bays, MRO back shops, warehouses, etc.<br />
How do you think the Government is responding to manage<br />
the demand on Aviation infrastructure in India?<br />
The Ministry of Civil Aviation (MoCA) is trying to implement clear<br />
steps to manage the growth of aviation. For the MRO industry<br />
in particular, there is a realization that most of the opportunity<br />
(estd 90%) of MRO on Indian aircraft is being lost offshore, both<br />
because of the high-quality and OEM-approved status of MROs<br />
outside India and the lack of infrastructure and high-capability<br />
MROs in the country. The issue is a dilemma because currently<br />
certain tax norms and customs duties are stacked against Indian<br />
MROs. But at the same time if no Indian MRO invests in creating<br />
significant capability, it may give the government little confidence<br />
to reduce existing taxes and duties.<br />
The recently released draft civil aviation policy (tabled in Oct<br />
<strong>2015</strong>) identified the need to correct long-pending issues such<br />
as the waiver of customs duty on toolkits, spares, equipment;<br />
exemption of service tax; and the reduction of royalties on MRO.<br />
Some of these have been ratified in the recently released Union<br />
Budget. Others, we hope, would follow in due course.<br />
What is the potential for the MRO industry in India?<br />
The total industry size is about $800 M at the moment and is<br />
expected to increase to $2B in 2020. Naturally 90% of this is<br />
commercial MRO, given the huge expectation for fleet growth (from<br />
currently 400 commercial aircraft to 1000). Today around 90%<br />
of this is ‘exported’ out of the country. The short-term opportunity<br />
for Indian MROs is to retain a significant portion of this business<br />
in the country, but that would mean investment in capability to<br />
at least match that of neighboring MROs such as in Dubai &<br />
Singapore. In the long-term I believe that India can, and should,<br />
capitalize on two significant advantages – its geographical<br />
positioning within Asia-Pacific; and perhaps more importantly, its<br />
young, trainable workforce which can deliver quality efficiently.<br />
What do you see as the short-term strategy for MROs such<br />
as your organization?<br />
I would hesitate to say there is a short-term strategy that is<br />
different from the long-term, since the aviation business overall<br />
is a capital-intensive, long-cycle industry. I would say the path is<br />
the same – build stellar quality and infrastructure, while investing<br />
judiciously and in a phased manner; invest in people, systems<br />
and processes; and keep customer service and satisfaction at<br />
the heart of it all.<br />
Above all, I believe that the Indian MRO industry must first<br />
collaborate, then compete given the small size of the available<br />
market today. Poaching (clients, employees) from each other will<br />
only lead to a race to the bottom. We must first help to generate<br />
enough confidence in potential buyers so as to make incremental<br />
aircraft purchases, then we can compete once the pie grows!<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 37
Aircraft Operation Highlights – India<br />
Landing and Overflight Permit<br />
Landing permit lead time: 3 business days, or 1 business day for<br />
overflight & refueling stops.<br />
Permits provided 24-48 hours in advance and valid for 48 hours and only<br />
2 revisions are allowed.<br />
At military airports:<br />
- Permits require 15-20 bus. days lead time, valid +/- 2 hours<br />
- Requires each passenger & crew’s address and father’s name<br />
- Security clearance valid for 1 hour<br />
- Approach Plates not public – ATC will assist on approach<br />
Additional document for international departures can take 3 hours to<br />
complete<br />
DGCA opens from 10:00-18:00 local Monday-Friday (no holidays) and<br />
does not issue permits after 16:00. Representative must visit, pilot in<br />
command must sign in person.<br />
Permits for aircraft from China, Afghanistan, Pakistan or Somalia: lead<br />
time of 7 business days for landing permits and 3 business days for<br />
overflight permits.<br />
Valid vaccination certificate needed for passengers/crew from a country<br />
endemic for yellow fever.<br />
Airport Parking & Amenities<br />
Most airports in India not operated 24/7<br />
Larger airport of entry requires airport slots<br />
Only 2 FBOs in India: New Delhi and Mumbai<br />
Slots can be requested via either email or fax and will be known<br />
within 12 hours<br />
Aircraft doors are sealed once parked and early access require<br />
a letter and many hours of delay<br />
Airport Restrictions<br />
Mumbai (BOM / VABB):<br />
• Most challenging airport in India<br />
• GA cannot operate between 08:00-10:00, 17:30-19:30 &<br />
21:15-23:15<br />
• 72-hour GA parking limitation<br />
• Slots are hard to obtain and valid for -15/+45 min only<br />
• Pilot in command and handler need go physically confirm a flight<br />
Srinagar<br />
Amritsar<br />
Chandigarh<br />
Delhi<br />
Agra<br />
Udaipur<br />
Varanasi<br />
Ahmedabad<br />
Kolkata<br />
Nagpur<br />
Mumbai<br />
Pune<br />
Hyderabad<br />
Vishakhapatnam<br />
Goa<br />
Bangalore Chennai<br />
Guwahati<br />
Port Blair<br />
Chandigarh (IXC / VICG) & Goa (GOI / VAGO):<br />
• Parking limitations – should be confirmed in advance<br />
• Military airport with limited GSE availability<br />
Port Blair (IXZ / VOPB):<br />
• No Chinese national is permitted unless<br />
special clearance<br />
• Military airport with limited GSE Availability<br />
Bangalore (BLR / VOBL) & Delhi (DEL / VIDP) :<br />
• Requires Slots to confirm parking<br />
General Aviation Operations<br />
Foreign-registered aircraft can only remain in India a maximum of<br />
14 days.<br />
Private flights can have no more than 14 passengers, special clearance<br />
needed if more than 14 pax for charters. ATC checks pax count to issue<br />
flight plan.<br />
In Indian airspace, aircraft must be RVSM compliant and equipped with<br />
TCAS II.<br />
Indian-registered aircraft and spare parts are subject to 12.5 VAT +<br />
18.5% duty (if private) or +3% duty (if charter).<br />
*information provided by Nexus Aviation<br />
38<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
<strong>2015</strong> GROWTH BY OEM, SIZE & COUNTRY<br />
The Asia Pacific region grew a net* 6.2% in <strong>2015</strong> with the addition of 66 aircraft.<br />
Even though New Zealand had the highest growth rate (50%), surprisingly Hong Kong was the territory<br />
which added the most net aircraft (16 aircraft) throughout the region. So despite all the operational<br />
challenges in operating to and from HK International Airport, the appeal of Hong Kong as a business<br />
jet base remains strong.<br />
China, the largest business jet market in the Asia Pacific region, continued its slowdown from a high<br />
in 2012 to growth of just 4% in <strong>2015</strong>. In contrast, the 2nd biggest market in the Asia Pacific region<br />
– Australia – experienced a healthy growth of 7%, and the 4th largest – Hong Kong – 14% growth.<br />
The smaller markets of Indonesia, the Philippines and Japan all added additional aircraft and in<br />
doing so, all experienced double digit growth. Notably, markets which performed poorly in <strong>2015</strong> were<br />
Malaysia and Macau, both of which actually contracted, and South Korea, Thailand and Singapore<br />
which all remained stagnant registering no growth at all.<br />
The best performing OEM in <strong>2015</strong> in the Asia Pacific region by growth rate was Airbus with a 21%<br />
increase of its fleet. However, in regards to the most net aircraft added, this honour goes to Bombardier<br />
with 33 additional aircraft in total, thus achieving an impressive growth rate of 12%. Gulfstream was<br />
second with 14 net aircraft added and a corresponding growth rate of 6%. Hawker was the only OEM<br />
which saw its Asia Pacific region fleet contract, which it did by 5% in <strong>2015</strong>. All other OEM’s fleets grew<br />
from 3% to 6%.<br />
Honours also go to Bombardier for the most popular aircraft model added to the region, which was the<br />
Global 6000 with 13 more aircraft added throughout <strong>2015</strong>, for an impressive model fleet growth of<br />
59%. The second highest growth was for the G650/650ER from Gulfstream with 8 additional aircraft<br />
added in total for a remarkable +62%.<br />
Given the growing popularity of the G6000 and G650, it’s not too surprising that the Asia Pacific<br />
region size category growing the fastest in <strong>2015</strong> was the ‘long-range’ category with 11% (+27) more<br />
aircraft. The ‘large’ category fleet also performed well with growth of +7% in <strong>2015</strong> - a net addition of<br />
17 aircraft, generally either Challengers or G450s.<br />
The only size category where the fleet contracted in <strong>2015</strong> was the ‘medium’ category – a drop of 2%<br />
– and this was despite some strong growth in the Asia Pacific region for the G280.<br />
* Net = New aircraft deliveries & pre-owned additions less aircraft that left the region (deductions).<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 39
ASIA PACIFIC REGION<br />
<strong>Fleet</strong> Breakdown – Asia Pacific Region<br />
Net <strong>Fleet</strong> Growth by Major OEM<br />
+12%<br />
2014 <strong>2015</strong><br />
306<br />
+6%<br />
273<br />
264<br />
250<br />
+4%<br />
212 220<br />
-5%<br />
+6%<br />
103 98<br />
86 91<br />
+5%<br />
66 69<br />
+21% +3%<br />
28 34<br />
32 33<br />
Bombardier<br />
Gulfstream<br />
Cessna<br />
Hawker<br />
Dassault<br />
Embraer<br />
Airbus<br />
Boeing<br />
Net <strong>Fleet</strong> Growth by Size Category<br />
+11%<br />
+7%<br />
250<br />
277<br />
253<br />
236<br />
-2%<br />
+6%<br />
220<br />
207<br />
+8%<br />
178 175<br />
114 123<br />
+4%<br />
83 86<br />
Corp. Airliner<br />
Long Range<br />
Large<br />
Medium<br />
Light<br />
Very Light<br />
40<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION<br />
Corp. Airliner<br />
Largest<br />
<strong>Fleet</strong><br />
Additions<br />
2014 <strong>2015</strong><br />
+4<br />
20 22<br />
20 22<br />
14<br />
18<br />
11 12<br />
10 10<br />
7 8<br />
9 8<br />
5 5<br />
3 3<br />
2 3<br />
BBJ<br />
Challenger<br />
800/850<br />
ACJ319<br />
Challenger<br />
870<br />
CRJ100/<br />
200/VIP<br />
ACJ318<br />
Lineage<br />
1000<br />
BBJ2<br />
A319ER<br />
ACJ320<br />
2 2 2 2<br />
1 1<br />
1 1<br />
1 1<br />
1 1<br />
1 1<br />
1 1<br />
1 1 1 1 1<br />
ERJ<br />
135ER/LR<br />
727-100<br />
737-400<br />
747-400<br />
757-400<br />
767-200ER<br />
A340-200<br />
ACJ330<br />
BAE 146<br />
Dornier<br />
328 JET<br />
737-200<br />
ADVANCED<br />
Long Range<br />
90<br />
94<br />
Largest<br />
<strong>Fleet</strong><br />
Additions<br />
+13<br />
36 36<br />
35<br />
29<br />
33<br />
29 30<br />
22<br />
18<br />
19 18<br />
12<br />
11 9<br />
1<br />
3<br />
1 1<br />
Gulfstream<br />
G550<br />
Falcon 7X<br />
Global<br />
6000<br />
Global<br />
5000<br />
Global<br />
Express<br />
XRS<br />
Gulfstream<br />
G650<br />
Global<br />
Express<br />
Gulfstream<br />
V<br />
Gulfstream<br />
G650ER<br />
Gulfstream<br />
G500<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 41
ASIA PACIFIC REGION<br />
Large<br />
+6<br />
66<br />
72<br />
Largest<br />
<strong>Fleet</strong><br />
Additions<br />
2014 <strong>2015</strong><br />
34<br />
39<br />
20<br />
24<br />
21 22<br />
19 19<br />
21<br />
18<br />
11 13<br />
12 13<br />
Gulfstream<br />
G450<br />
Challenger<br />
605<br />
Challenger<br />
604<br />
Legacy<br />
650<br />
Legacy<br />
600<br />
Gulfstream<br />
IV/<br />
IV-SP<br />
Falcon<br />
2000/DX/<br />
EX EASy<br />
Falcon<br />
2000LX/<br />
LXS<br />
7 7<br />
6 7<br />
7 7<br />
6 6<br />
1 2<br />
1 2<br />
2 1<br />
2 1<br />
Medium<br />
Challenger<br />
600/601<br />
Falcon<br />
900EX/<br />
EASy<br />
Falcon<br />
900LX<br />
Falcon<br />
900/C/DX<br />
Falcon<br />
2000S<br />
Gulfstream<br />
G300/G350<br />
Gulfstream<br />
II<br />
Gulfstream<br />
III<br />
40 38<br />
34 33<br />
17 18<br />
20 18<br />
18 16<br />
13 13<br />
8 8<br />
Highest<br />
Growth<br />
Hawker 800A/<br />
B/850XP/XPI<br />
/125-1A<br />
Gulfstream<br />
G200<br />
Challenger<br />
300/350<br />
Citation<br />
Sovereign<br />
/+<br />
Hawker<br />
900XP<br />
Learjet 60/<br />
XR<br />
Hawker<br />
700A/B/<br />
750<br />
+75%<br />
7 6 6<br />
4 5 5 4 4<br />
4 4<br />
2 2<br />
3 2 1<br />
Gulfstream<br />
G280<br />
Citation<br />
X/+<br />
Gulfstream<br />
G100/<br />
G150<br />
Falcon<br />
20D/ F-5<br />
Hawker<br />
4000<br />
Falcon 50<br />
Hawker<br />
1000A/B<br />
Legacy 500<br />
42<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Light<br />
Largest<br />
<strong>Fleet</strong><br />
Additions<br />
ASIA PACIFIC REGION<br />
+3<br />
35<br />
38<br />
2014 <strong>2015</strong><br />
27<br />
29<br />
25<br />
25<br />
22<br />
21<br />
14<br />
14<br />
10<br />
12<br />
12<br />
12<br />
Citation S/<br />
II/Bravo/<br />
II/SP<br />
Citation<br />
Excel/<br />
XLS/ +<br />
Learjet 35/<br />
A/36/A<br />
Citation<br />
CJ2/+<br />
Largest<br />
<strong>Fleet</strong><br />
Additions<br />
Citation<br />
Ultra/V<br />
Citation<br />
500/I/SP<br />
Hawker<br />
400A/B/<br />
Diamond I<br />
12<br />
12<br />
10<br />
10<br />
7<br />
7<br />
+3<br />
4<br />
7<br />
5<br />
7<br />
6<br />
6<br />
5<br />
5<br />
Westwind<br />
1/2<br />
Citation<br />
III/V/VII<br />
Learjet 45/<br />
XR<br />
Citation<br />
CJ4<br />
Learjet<br />
31/A<br />
Hawker<br />
400XP<br />
Citation<br />
CJ3<br />
5<br />
5<br />
4<br />
4<br />
1<br />
2<br />
1<br />
1<br />
1<br />
1<br />
1<br />
1<br />
1<br />
Phenom<br />
300<br />
Citation<br />
Encore/+<br />
Nextant<br />
400XT/XTi<br />
Falcon 10<br />
Learjet 40<br />
Learjet 75<br />
Sabreliner<br />
65<br />
Very Light<br />
32 32<br />
Highest<br />
Growth<br />
23 24<br />
+20%<br />
10 12<br />
12 12<br />
4 4<br />
2 2<br />
Citation<br />
525/<br />
CJ1/+/M2<br />
Citation<br />
Mustang<br />
Phenom<br />
100<br />
Premier<br />
I/IA<br />
Learjet<br />
24/B/D/E/<br />
25B<br />
EA500<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 43
ASIA PACIFIC REGION<br />
<strong>Fleet</strong> Breadown by Country<br />
Japan<br />
by Major OEM<br />
+13%<br />
2014 <strong>2015</strong><br />
23<br />
26<br />
10<br />
11<br />
4<br />
5<br />
3<br />
3<br />
2<br />
2<br />
1<br />
1<br />
1<br />
1<br />
Cessna<br />
Gulfstream<br />
Bombardier<br />
Hawker<br />
Dassault<br />
Airbus<br />
Boeing<br />
by Size Category<br />
+18%<br />
2<br />
2<br />
+20%<br />
10<br />
12<br />
5<br />
5<br />
4<br />
4<br />
17<br />
20<br />
6<br />
6<br />
Corp. Airliner<br />
Long Range<br />
Large<br />
Medium<br />
Light<br />
Very Light<br />
South Korea<br />
by Major OEM<br />
7<br />
8<br />
6<br />
5<br />
3<br />
3<br />
2<br />
2<br />
1<br />
1<br />
1<br />
1<br />
Cessna<br />
Boeing<br />
Bombardier<br />
Gulfstream<br />
Hawker<br />
Airbus<br />
by Size Category<br />
7<br />
6<br />
4<br />
4<br />
1<br />
1<br />
1<br />
1<br />
4<br />
5<br />
3<br />
3<br />
Corp. Airliner<br />
Long Range<br />
Large<br />
Medium<br />
Light<br />
Very Light<br />
44<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION<br />
Thailand<br />
by Major OEM<br />
2014 <strong>2015</strong><br />
11<br />
10<br />
8<br />
8<br />
7<br />
7<br />
2<br />
3<br />
2<br />
2<br />
2<br />
2<br />
1<br />
1<br />
Gulfstream<br />
Cessna<br />
Hawker<br />
Dassault<br />
Airbus<br />
Boeing<br />
Bombardier<br />
by Size Category<br />
4<br />
4<br />
8<br />
7<br />
2<br />
3<br />
10<br />
10<br />
6<br />
6<br />
3<br />
3<br />
Corp. Airliner<br />
Long Range<br />
Large<br />
Medium<br />
Light<br />
Very Light<br />
Philippines<br />
by Major OEM<br />
+43%<br />
10<br />
11<br />
11<br />
10<br />
7<br />
10<br />
9<br />
9<br />
3<br />
4<br />
1<br />
Cessna<br />
Bombardier<br />
Gulfstream<br />
Hawker<br />
Dassault<br />
Airbus<br />
by Size Category<br />
2<br />
3<br />
3<br />
2<br />
+43%<br />
7<br />
10<br />
13<br />
14<br />
15<br />
16<br />
4<br />
4<br />
Corp. Airliner<br />
Long Range<br />
Large<br />
Medium<br />
Light<br />
Very Light<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 45
ASIA PACIFIC REGION<br />
Malaysia<br />
by Major OEM<br />
15<br />
15<br />
-20%<br />
2014 <strong>2015</strong><br />
8<br />
9<br />
10<br />
8<br />
7<br />
7<br />
3<br />
2<br />
1<br />
2<br />
2 1 1 1<br />
Bombardier<br />
Cessna<br />
Gulfstream<br />
Dassault<br />
Boeing<br />
Airbus<br />
Hawker<br />
Embraer<br />
by Size Category<br />
4<br />
4<br />
+29%<br />
7<br />
9<br />
-27%<br />
15<br />
11<br />
14<br />
13<br />
7<br />
7<br />
1<br />
2<br />
Corp. Airliner<br />
Long Range<br />
Large<br />
Medium<br />
Light<br />
Very Light<br />
Singapore<br />
by Major OEM<br />
+21%<br />
29<br />
24<br />
19<br />
18<br />
6<br />
7<br />
-40%<br />
5<br />
3<br />
-67%<br />
3 2 3<br />
1<br />
1<br />
1<br />
Bombardier<br />
Gulfstream<br />
Embraer<br />
Hawker<br />
Boeing<br />
Cessna<br />
Airbus<br />
Dassault<br />
by Size Category<br />
3<br />
3<br />
+13%<br />
15<br />
17<br />
+10%<br />
20<br />
22<br />
14<br />
-21%<br />
11<br />
8<br />
7<br />
3<br />
3<br />
Corp. Airliner<br />
Long Range<br />
Large<br />
Medium<br />
Light<br />
Very Light<br />
46<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Indonesia<br />
by Major OEM<br />
ASIA PACIFIC REGION<br />
+44%<br />
2014 <strong>2015</strong><br />
13<br />
13<br />
9<br />
13<br />
8<br />
10<br />
10<br />
+75%<br />
4<br />
7<br />
4<br />
4<br />
2 2 2 2<br />
Embraer<br />
Bombardier<br />
Hawker<br />
Gulfstream<br />
Cessna<br />
Dassault<br />
Boeing<br />
by Size Category<br />
+125%<br />
17<br />
18<br />
4<br />
4<br />
4<br />
9<br />
7<br />
7<br />
11<br />
12<br />
2<br />
2<br />
Corp. Airliner<br />
Long Range<br />
Large<br />
Medium<br />
Light<br />
Very Light<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 47
GREATER CHINA<br />
GREATER CHINA OVERVIEW<br />
Greater China (China, Hong Kong, Macau and Taiwan) is the largest business jet market in the Asia<br />
Pacific region. It therefore warrants its own special section and analysis. It is also the market that<br />
<strong>ASG</strong> has followed the longest – since 2012.<br />
In <strong>2015</strong>, Greater China only added 29 net aircraft – 39 new deliveries, 28 pre-owned deliveries but<br />
38 aircraft also left the region. This total of 29 is down 50% versus 2014. The pre-owned additions &<br />
deductions have only marginally changed versus 2014 (up 8% and 9% respectively). So <strong>2015</strong>’s poor<br />
performance is strictly due to a decline in new aircraft deliveries which were 28 fewer than in 2014,<br />
a drop of 42%.<br />
New aircraft deliveries peaked in 2014 with an addition of 67 new aircraft. Given that new deliveries<br />
are a consequence of OEM orders placed years before, these deliveries were probably the result of<br />
orders placed before 2013 and prior to the implementation of certain PRC Government initiatives and<br />
policy actions which decreased the demand for new business jets. <strong>2015</strong>’s drop of 42% in new aircraft<br />
deliveries is therefore a worrying sign for 2016 and on, as it would seem to signify that the OEM sales<br />
funnel for Greater China has little backlog.<br />
Of the 29 additions, Hong Kong was responsible for 16 aircraft, China 11, Taiwan 3 and Macau’s fleet<br />
contracted by 1 aircraft.<br />
On a net basis in <strong>2015</strong>, the most popular aircraft addition in Greater China was the Global 6000 (+7<br />
aircraft) followed by the G650 (+6 aircraft).<br />
Looking just at new aircraft deliveries, Gulfstream was the OEM who delivered the most aircraft into<br />
Greater China in <strong>2015</strong> (+15 aircraft), and the top 4 aircraft models delivered were the Global 6000<br />
(+6), G650 (+5) and the Challenger 605 and G550 (+4 each). Deliveries of most other models were<br />
similar or down from 2014.<br />
For pre-owned additions, again Gulfstream had the most deliveries (10 aircraft) and the most popular<br />
types were the G450 (+6 aircraft) followed by the ACJ319 (+3 aircraft).<br />
Gulfstream suffered the most deductions too in <strong>2015</strong> (-15 aircraft) with the prevalent models leaving<br />
the Asia Pacific region being the G550 (-5 aircraft), Global Express XRS (-4 aircraft), the G450 and<br />
G200 (both -3 aircraft each).<br />
Examining the operators in Greater China, those which saw significant gains in <strong>2015</strong> included BAA, <strong>Jet</strong><br />
Aviation, Sino<strong>Jet</strong> and Hong Kong <strong>Jet</strong>. Those that saw decreased results were Deer <strong>Jet</strong>, TAG Aviation<br />
and Metrojet (however it should be noted that Hong Kong jet is a division of Deer <strong>Jet</strong>, so considering<br />
the combined group’s results, Hong Kong <strong>Jet</strong>s’ gains functioned to minimise the impact of reduced<br />
mainland activity on Deer <strong>Jet</strong>’s fleet.<br />
48<br />
ASIA PACIFIC REIGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
GREATER CHINA<br />
Aircraft Additions and Deductions<br />
<strong>2015</strong><br />
29 Net Additions<br />
Additions<br />
39 New Deliveries 28 Pre-owned<br />
67<br />
-38<br />
Deductions<br />
Net Additions<br />
29<br />
2014<br />
58 Net Additions<br />
Additions<br />
67 New Deliveries 26 Pre-owned<br />
93<br />
-35<br />
Deductions<br />
Net Additions<br />
58<br />
2013<br />
64 Net Additions<br />
Additions<br />
56 New Deliveries 50 Pre-owned<br />
106<br />
-42<br />
Deductions<br />
Net Additions<br />
64<br />
ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 49
GREATER CHINA<br />
Net Additions in <strong>2015</strong><br />
29 in total<br />
Airbus<br />
+3<br />
ACJ319<br />
ACJ318<br />
ACJ320<br />
ACJ330<br />
-1<br />
-1<br />
-1<br />
1 3<br />
1<br />
1<br />
Deductions (-38)<br />
New Deliveries (39)<br />
Pre-owned (28)<br />
Boeing<br />
+4<br />
BBJ<br />
-1<br />
3<br />
2<br />
Bombardier<br />
+10<br />
Global 6000<br />
Challenger 605<br />
Challenger 800/850<br />
Challenger 870<br />
Global 5000<br />
Global Express XRS<br />
Challenger 300/350<br />
-4<br />
-1<br />
-1<br />
-2<br />
-2<br />
1<br />
1<br />
2<br />
2<br />
1<br />
4<br />
2<br />
6<br />
1<br />
Cessna<br />
+1<br />
Citation Mustang<br />
Citation Excel/XLS/+<br />
Citation Sovereign/+<br />
-1<br />
1<br />
1<br />
Dassault<br />
+1<br />
Falcon 7X<br />
Falcon 2000LX/LXS<br />
Falcon 900LX<br />
-3<br />
-1<br />
1<br />
1<br />
1<br />
2<br />
Embraer<br />
+1<br />
Legacy 650<br />
Phenom 100<br />
Lineage 1000<br />
-1<br />
-1<br />
1<br />
2<br />
Gulfstream<br />
+10<br />
G450<br />
G650<br />
G550<br />
G280<br />
G650ER<br />
G200<br />
G-IV/IV-SP<br />
G-V<br />
-5<br />
-3<br />
-3<br />
-2<br />
-2<br />
2<br />
5<br />
4<br />
3<br />
1 1<br />
1<br />
1<br />
6<br />
1<br />
Hawker<br />
-1<br />
Hawker 800A/B/<br />
850XP/XPI/125-1A<br />
Hawker 900XP<br />
-1<br />
-1<br />
1<br />
50<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
New Deliveries by OEM<br />
GREATER CHINA<br />
25<br />
2013 2014 <strong>2015</strong><br />
19<br />
15<br />
16<br />
13<br />
10<br />
8 8<br />
3<br />
1 2 3<br />
14<br />
9<br />
2<br />
2 2 2<br />
2 5<br />
1<br />
Gulfstream<br />
Bombardier<br />
Embraer<br />
Boeing<br />
Dassault<br />
Airbus<br />
Cessna<br />
OEM MODEL 2013 2014 <strong>2015</strong><br />
ACJ318 1 1<br />
Airbus<br />
Boeing<br />
Bombardier<br />
Cessna<br />
Dassault<br />
Embraer<br />
Gulfstream<br />
ACJ319 1 1<br />
ACJ320 1<br />
ACJ330 1<br />
BBJ 1 3<br />
BBJ2 2<br />
Challenger 300/350 1 1<br />
Challenger 605 4 4<br />
Challenger 800/850 1 1<br />
Challenger 870 6 1<br />
Global 5000 1 3<br />
Global 6000 3 7 6<br />
Citation CJ1 1<br />
Citation Excel/XLS/+ 1<br />
Citation Mustang 2<br />
Citation Sovereign/+ 1<br />
Citation XLS/+ 3<br />
Falcon 2000 1 1<br />
Falcon 2000LX/LXS 1<br />
Falcon 7X 11 7 1<br />
Falcon 900LX 2 1<br />
Legacy 650 5 5 2<br />
Lineage 1000 2 3<br />
Phenom 100 1<br />
Phenom 300 1<br />
G280 4 3<br />
G450 13 8 2<br />
G550 5 11 4<br />
G650 1 2 5<br />
G650ER 1<br />
Total 56 67 39<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 51
GREATER CHINA<br />
Pre-owned Additions by OEM<br />
17<br />
19<br />
2013 2014 <strong>2015</strong><br />
9 10<br />
6 7<br />
2 2 2<br />
1 1<br />
1 4 3<br />
3<br />
4<br />
5<br />
1<br />
1<br />
Gulfstream<br />
Bombardier<br />
Boeing<br />
Embraer<br />
Dassault<br />
Airbus<br />
Cessna<br />
OEM MODEL 2013 2014 <strong>2015</strong><br />
ACJ318 1<br />
Airbus<br />
ACJ319 2 3<br />
ACJ320 1<br />
Boeing BBJ 2 2 2<br />
Challenger 604 3<br />
Challenger 605 3<br />
Challenger 800/850 5 1 2<br />
CRJ200VIP 1<br />
Bombardier Global 5000 3 1 2<br />
Global 6000 2 1 1<br />
Global Express 1 1<br />
Global Express XRS 2 1 2<br />
Learjet 60/XR 1<br />
Citation Mustang 1<br />
Citation Sovereign/+ 2 1<br />
Cessna Citation VI 1<br />
Citation X 1<br />
Citation XLS 1<br />
Falcon 2000LX 1<br />
Dassault Falcon 7X 1 2 2<br />
Falcon 900LX 1 1<br />
Embraer<br />
Gulfstream<br />
Hawker<br />
Legacy 600 1<br />
Lineage 1000 1<br />
G100 1<br />
G200 3 3 1<br />
G450 6 3 6<br />
G550 7 3 1<br />
G650 1<br />
G650ER 1<br />
Hawker 400/A/XP 1<br />
Hawker 4000 1<br />
Hawker 800A/B/850XP/XPI/125-1A 2 1<br />
Total 50 26 28<br />
52<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Deductions by OEM<br />
GREATER CHINA<br />
2013 2014 <strong>2015</strong><br />
15 15<br />
11<br />
11 10 10<br />
3 3 4<br />
1<br />
3<br />
1 2<br />
9<br />
4 2<br />
6<br />
3<br />
1<br />
1<br />
Gulfstream<br />
Bombardier<br />
Dassault<br />
Airbus<br />
Embraer<br />
Hawker<br />
Cessna<br />
Boeing<br />
OEM MODEL 2013 2014 <strong>2015</strong><br />
ACJ318 1<br />
Airbus<br />
ACJ319 1<br />
ACJ320 1<br />
ACJ330 1<br />
Boeing BBJ 1<br />
Challenger 300/350 1 2<br />
Challenger 601 2<br />
Challenger 605 4 2 1<br />
Challenger 800/850 1<br />
Bombardier<br />
CRJ200VIP 1<br />
Global Express 3 2<br />
Global Express XRS 2 4<br />
Global 5000 1 2<br />
Global 6000 1 1<br />
Learjet 60/XR 1<br />
Citation CJ3 1<br />
Cessna<br />
Citation XLS/+ 5<br />
Citation Sovereign/+ 1 1 1<br />
Citation VI/VII - 1<br />
Falcon 900LX 1<br />
Dassault<br />
Falcon 2000 3<br />
Falcon 2000LX 2<br />
Falcon 7X 1 3<br />
Embraer<br />
Legacy 650 1<br />
Lineage 1000 1 1<br />
G200 4 4 3<br />
G450 6 5 3<br />
Gulfstream G550 6 5<br />
G-IV/IV-SP 1 2<br />
G-V 2<br />
Hawker 750 4<br />
Hawker<br />
Hawker 800A/B/XP/850XPI/125-1A 2 1<br />
Hawker 900XP 2 1 1<br />
Hawker 4000 1 3<br />
Total 42 35 38<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 53
GREATER CHINA<br />
<strong>Fleet</strong> by Operator & Models<br />
Deer <strong>Jet</strong><br />
21 2020<br />
2013<br />
66<br />
2014<br />
68<br />
<strong>2015</strong><br />
59<br />
12 1314<br />
2 2 2<br />
1 1<br />
2 2 2<br />
1 1 1<br />
1<br />
1 1<br />
3 4 4<br />
1 1<br />
6 7 4<br />
4 4<br />
1<br />
3 3<br />
1<br />
2 1 1<br />
6 6 5<br />
3 2 1<br />
ACJ319<br />
ACJ320<br />
BBJ<br />
Challenger 605<br />
Global 6000<br />
Falcon 2000S<br />
Falcon 7X<br />
Falcon 900LX<br />
Gulfstream G200<br />
Gulfstream G450<br />
Gulfstream<br />
G550<br />
Gulfstream<br />
IV/IV-SP<br />
Gulfstream V<br />
Hawker<br />
4000<br />
Hawker 800A/B/<br />
XP/XPI/125-1A<br />
Hawker<br />
900XP<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
TAG Aviation<br />
2013<br />
25<br />
2014<br />
35<br />
<strong>2015</strong><br />
30<br />
1 1<br />
6 7 6<br />
7<br />
6<br />
4 4<br />
2 2<br />
1 1<br />
2 2 3<br />
4<br />
2<br />
3 3<br />
1 1 1 1 1 1 1 1 1 1 1 1 1 1<br />
1 1<br />
2 2<br />
1 1<br />
1<br />
ACJ319<br />
Challenger 604<br />
Challenger 605<br />
Challenger 800/850<br />
Global 5000<br />
Global 6000<br />
Global Express<br />
Global Express XRS<br />
Learjet 60/XR<br />
Legacy 650<br />
Lineage 1000<br />
Falcon 2000LX<br />
Falcon 7X<br />
Falcon 900LX<br />
Gulfstream G450<br />
Gulfstream G550<br />
Gulfstream G650<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
BAA<br />
2013<br />
40<br />
2014<br />
45<br />
<strong>2015</strong><br />
54<br />
2 1<br />
2<br />
11<br />
8<br />
4 4<br />
5<br />
3 3 3 3 4<br />
1 1 1<br />
2<br />
1 1 1 1 1 1<br />
2<br />
1 1 1<br />
3 2 2<br />
1 2<br />
5<br />
2 1<br />
2<br />
8 7<br />
8<br />
8 9 8<br />
2<br />
ACJ318<br />
ACJ319<br />
Challenger 605<br />
Challenger 800/850<br />
Global 6000<br />
Learjet 60/XR<br />
Citation 525/CJ1<br />
/+/M2<br />
Falcon 7X<br />
Falcon 900EX/EASy<br />
Falcon 900LX<br />
Lineage 1000<br />
Legacy 650<br />
Gulfstream<br />
G200<br />
Gulfstream G280<br />
Gulfstream G450<br />
Gulfstream G550<br />
Hawker 4000<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
54<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
GREATER CHINA<br />
<strong>Jet</strong> Aviation<br />
2013<br />
17<br />
2014<br />
21<br />
<strong>2015</strong><br />
29<br />
2 2<br />
1<br />
2 2 2<br />
3<br />
5 6 7 7 9<br />
1 1 1 1 1 1 1 1 1 1 1 1<br />
2<br />
1 3<br />
1<br />
Metrojet<br />
2013<br />
28<br />
2014<br />
31<br />
<strong>2015</strong><br />
26<br />
1313<br />
9<br />
1 1 1<br />
1<br />
2 1 1<br />
1 1<br />
1 2 1<br />
1 1<br />
1 1<br />
1 1<br />
1 2 3 4 5<br />
1 1 1 1 1 1 1 1 1<br />
2<br />
1 1 1 1<br />
BBJ<br />
Challenger 604<br />
Challenger 605<br />
Challenger 800/850<br />
Global 5000<br />
Global Express<br />
Global Express XRS<br />
Citation Sovereign/+<br />
Legacy 600<br />
Legacy 650<br />
Lineage 1000<br />
Gulfstream G200<br />
Gulfstream G450<br />
Gulfstream G550<br />
Gulfstream G650<br />
Gulfstream G650ER<br />
Gulfstream V<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Sino <strong>Jet</strong><br />
2013<br />
8<br />
2014<br />
10<br />
<strong>2015</strong><br />
18<br />
1 2<br />
1 1 1<br />
2 2 3 1 1 1 1 1 1<br />
2<br />
1 1<br />
2 2 3<br />
1 2 2 1<br />
BBJ<br />
Challenger 300/350<br />
Challenger 605<br />
Global 5000<br />
Global Express<br />
Falcon 900LX<br />
Legacy 650<br />
Gulfstream G200<br />
Gulfstream G450<br />
Gulfstream G550<br />
Gulfstream G650<br />
<br />
<br />
<br />
<br />
<br />
<br />
Challenger 605<br />
Global 5000<br />
Global 6000<br />
Global Express<br />
Citation CJ3<br />
Falcon 7X<br />
Falcon 900LX<br />
Gulfstream G200<br />
Gulfstream G450<br />
Gulfstream G550<br />
Gulfstream G650<br />
Gulfstream G650ER<br />
<br />
<br />
<br />
<br />
<br />
<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 55
GREATER CHINA<br />
Hongkong <strong>Jet</strong><br />
2013<br />
7<br />
2014<br />
12<br />
<strong>2015</strong><br />
17<br />
1 1 1<br />
2 2<br />
3<br />
1 1 3<br />
1 1 1<br />
1 1 2 1<br />
1 1 1 3 1<br />
2 2<br />
1 1<br />
ACJ318<br />
ACJ319<br />
BBJ<br />
Challenger 605<br />
Global 5000<br />
Global Express XRS<br />
Falcon 7X<br />
Legacy 650<br />
Lineage 1000<br />
Gulfstream G450<br />
Gulfstream G550<br />
Gulfstream G650<br />
<br />
<br />
<br />
<br />
<br />
<br />
China Eastern<br />
2013<br />
14<br />
2014<br />
16<br />
<strong>2015</strong><br />
14<br />
1 1<br />
5 5<br />
3<br />
2<br />
3 3 3 3<br />
1 1 1 1 1 1 1<br />
1 1 1 2<br />
1 1 1<br />
ACJ318<br />
Challenger 300/350<br />
Global Express XRS<br />
Citation Sovereign/+<br />
Falcon 2000LX<br />
Legacyy 650<br />
Gulfstream G200<br />
Gulfstream G450<br />
Gulfstream G550<br />
Hawker 800A/B/<br />
800XP/XPI/125-1A<br />
<br />
<br />
<br />
<br />
<br />
Lily <strong>Jet</strong><br />
2013<br />
11<br />
2014<br />
12<br />
<strong>2015</strong><br />
13<br />
2 2 2<br />
1 1 1<br />
5 4<br />
5<br />
1<br />
1 1 1 1 1 1 1 1<br />
1 1<br />
2<br />
Challenger 604<br />
Challenger 605<br />
Challenger 800/850<br />
CRJ200 VIP<br />
Global 5000<br />
Global Express<br />
Global Express XRS<br />
Gulfstream G200<br />
<br />
<br />
<br />
<br />
<br />
Global <strong>Jet</strong><br />
1 1 2 1 1 1 1 1 2<br />
1 1<br />
1 1 1 1<br />
1<br />
2013<br />
4<br />
2014<br />
6<br />
<strong>2015</strong><br />
8<br />
ACJ319<br />
Falcon 2000LX/LXS<br />
Falcon 7X<br />
Global 6000<br />
Global Express XRS<br />
Gulfstream G450<br />
Gulfstream G650<br />
<br />
<br />
<br />
<br />
<br />
56<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
<strong>2015</strong> Growth & 2016 Forecast<br />
GREATER CHINA<br />
The Greater China market has seen its business jet fleet growth rate decline for 3 consecutive years now – from a high<br />
achieved in 2012 of almost 50% growth, to a mere 6.6% in <strong>2015</strong>There are early signs from 2016 though that business<br />
aviation activity levels are picking up:<br />
• <strong>ASG</strong>’s market survey for its 1st quarter 2016 “Quarterly” magazine, saw 33% of the respondents from Greater China<br />
report that their aircraft utilisation had increased versus the last quarter of <strong>2015</strong>. Also those reporting their aircraft<br />
utilisation decreased shrunk to 39% versus 49%.<br />
• <strong>Business</strong> aviation activity levels at Shanghai’s 2 airports – Pudong & Hongqiao – are up over 30% versus a year ago.<br />
January & February 2016 were the strongest start to a year ever with nearly 900 movements.<br />
Examining the growth in Greater China further, it is essentially Hong Kong & Taiwan propping up the numbers in <strong>2015</strong><br />
with 14% and 16% growth respectively. China’s growth itself was a mere 3.8% in <strong>2015</strong>, down from 26% in 2013, and<br />
Macau contracted by reducing its fleet by 1 aircraft.<br />
The OEM with the highest fleet growth in Greater China in <strong>2015</strong> was Boeing with 36%, and the only OEM who grew more<br />
in <strong>2015</strong> than in 2014 was Airbus with its fleet increasing 16%. Given these 2 growth rates, it is no surprise that the<br />
‘corporate airliner’ size category was one of the highest growing segment in <strong>2015</strong> at 11%.<br />
But the facts above are not necessarily good news for business jet sales in Greater China and in <strong>ASG</strong>’s opinion, don’t<br />
project well for 2016 and on. <strong>Business</strong> jet fleet growth in Greater China in the past came from the ‘long range’ and ‘large’<br />
size market segments, not the ‘corporate airliner’ one. In particular, growth used to come from the G550s, Falcon 7Xs,<br />
Global 6000s and G450s being added to the fleet, not ACJs and BBJs. But in <strong>2015</strong>, the markets for G550s and F7Xs<br />
were stagnant, the G450 only added 5 aircraft, and although the Global 6000 had 7 net additions, it alonecould not<br />
make up for the ground lost in other markets.<br />
<strong>ASG</strong> sees a difficult year ahead in 2016 and no growth recovery in Greater China. The expectation is that business jet<br />
fleet growth will continue to decline but be moderated somewhat by continued positive activity levels in the pre-owned<br />
market. <strong>ASG</strong> is forecasting a high of 5.2% growth for 2016 but this could go even lower depending on China’s economic<br />
performance.<br />
600<br />
60%<br />
No. of Aircraft<br />
490<br />
500<br />
+49.3%<br />
466<br />
50%<br />
437<br />
+41.5%<br />
+42.6%<br />
400 379<br />
40%<br />
315<br />
300<br />
+28.3%<br />
+25.4%<br />
30%<br />
211<br />
+20.3%<br />
200<br />
148<br />
+15.3%<br />
20%<br />
100<br />
65<br />
118<br />
92<br />
+6.6%<br />
+5.2%<br />
10%<br />
Growth Rate %<br />
0 0<br />
2007 2008 2009 2010 2011 2012 2013 2014 <strong>2015</strong> 2016<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 57
GREATER CHINA<br />
Net <strong>Fleet</strong> Growth – Per Aircraft Base<br />
2013 2014 <strong>2015</strong><br />
289 300 132<br />
116<br />
99<br />
Hong Kong<br />
250<br />
13 13 12<br />
17<br />
19<br />
22<br />
China<br />
Macau<br />
Taiwan<br />
% Growth Per Aircraft Base<br />
143%<br />
26% 16% 4%<br />
China<br />
Hong Kong<br />
6% 17% 14%<br />
0%<br />
Macau<br />
12% 16%<br />
Taiwan<br />
-19%<br />
-8%<br />
58<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Net <strong>Fleet</strong> Growth by Major OEM<br />
GREATER CHINA<br />
161<br />
171<br />
2013 2014 <strong>2015</strong><br />
142<br />
123<br />
133<br />
111<br />
31<br />
41<br />
42<br />
35<br />
38<br />
39<br />
16<br />
25<br />
26<br />
20<br />
19 18 17 19<br />
22<br />
7<br />
11<br />
15<br />
Gulfstream<br />
Bombardier Dassault Cessna Embraer Hawker Airbus Boeing<br />
% Growth by Major OEM<br />
100%<br />
21% 13% 6%<br />
63%<br />
56%<br />
16<br />
32%<br />
21%<br />
11% 8% 2% 3% 9%<br />
3% 4%<br />
31%<br />
12% 16%<br />
75%<br />
57%<br />
36%<br />
-29%<br />
-5% -5%<br />
Gulfstream<br />
Bombardier Dassault Cessna Embraer Hawker Airbus Boeing<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 59
GREATER CHINA<br />
Net <strong>Fleet</strong> Growth by Size Category<br />
162<br />
2013 2014 <strong>2015</strong><br />
151<br />
123<br />
120<br />
112<br />
103<br />
74<br />
83<br />
57<br />
58 58 56<br />
24 26 27<br />
14 16 18<br />
Corp. Airliner<br />
Long Range<br />
Large<br />
Medium<br />
Light<br />
Very Light<br />
% Growth by Size Category<br />
19% 30% 12%<br />
34%<br />
23%<br />
36%<br />
7% 9% 7%<br />
8%<br />
4%<br />
8% 14% 13%<br />
-3%<br />
-14%<br />
Corp. Airliner<br />
Long Range Large Medium Light Very Light<br />
60<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Net <strong>Fleet</strong> Growth by Aircraft Model<br />
Corp. Airliner<br />
GREATER CHINA<br />
2013 2014 <strong>2015</strong><br />
17 17<br />
20<br />
7<br />
9<br />
13<br />
5<br />
11<br />
12<br />
8<br />
8<br />
11<br />
8<br />
9 8<br />
6 6 7<br />
3<br />
7<br />
6<br />
3 3 3<br />
2 2<br />
1 1<br />
1<br />
Challenger<br />
800/850<br />
BBJ<br />
Challenger<br />
870<br />
ACJ319<br />
CRJ100/<br />
200/VIP<br />
ACJ318<br />
Lineage<br />
1000<br />
A319ER<br />
BBJ2<br />
ACJ320<br />
ACJ330<br />
Long Range<br />
72<br />
72<br />
64<br />
30 30<br />
22<br />
5<br />
12<br />
19<br />
13<br />
16<br />
16<br />
1<br />
3<br />
9<br />
7 8<br />
6 7 6 6<br />
4 4<br />
2 2<br />
Gulfstream<br />
G550<br />
Falcon 7X<br />
Global 6000<br />
Global 5000<br />
Gulfstream<br />
G650<br />
Global<br />
Express XRS<br />
Global<br />
Express<br />
Gulfstream V<br />
Gulfstream<br />
G650ER<br />
Large<br />
52<br />
57<br />
46<br />
25<br />
23 25<br />
14<br />
15<br />
9<br />
4<br />
6<br />
6<br />
4 4 5<br />
3 2 3<br />
3 3 3<br />
4<br />
4<br />
2<br />
2 2 2<br />
1 1<br />
1 1 1<br />
2<br />
Gulfstream<br />
450<br />
Challenger<br />
605<br />
Legacy<br />
650<br />
Falcon<br />
900LX<br />
Challenger<br />
604<br />
Falcon<br />
2000LX/LXS<br />
Legacy<br />
600<br />
Gulfstream<br />
IV/IV-SP<br />
Falcon<br />
900DX/EX<br />
Falcon<br />
2000S<br />
Gulfstream<br />
G300/G350<br />
Challenger<br />
601<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 61
GREATER CHINA<br />
Medium<br />
2013 2014 <strong>2015</strong><br />
20 19 17<br />
10 10<br />
8 9 8 7<br />
4<br />
7<br />
4<br />
4 5 4 5 4<br />
2 2 2<br />
4 5<br />
3 2 2 2 1 1 1<br />
Gulfstream<br />
G200<br />
Hawker<br />
800A/B/<br />
850XP/<br />
XPI/<br />
125-1A<br />
Challenger<br />
300/350<br />
Gulfstream<br />
G280<br />
Learjet<br />
60/XR<br />
Citation<br />
Sovereign/+<br />
Gulfstream<br />
G100/G150<br />
Hawker<br />
900XP<br />
Hawker<br />
4000<br />
Citation X/+<br />
Light<br />
Very Light<br />
8<br />
11 12<br />
5 5 5 4 4 4<br />
3<br />
4<br />
4<br />
1 1 1 2 1 1 1<br />
13 13 13<br />
3 4<br />
1 1<br />
Citation Excel/<br />
XLS/+<br />
Learjet<br />
35/A/36/A<br />
Citation S/II/<br />
Bravo/II/SP<br />
Hawker<br />
400/A/B/XP<br />
Phenom 300<br />
Citation<br />
III/VI/VII<br />
Citation<br />
CJ3<br />
Citation 525/<br />
CJ1/+/M2<br />
Citation<br />
Mustang<br />
Phenom 100<br />
62<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 63
GREATER CHINA<br />
Net <strong>Fleet</strong> Change by Model 2013-<strong>2015</strong><br />
2013 2014 <strong>2015</strong><br />
+64 +58 +29<br />
7<br />
4<br />
2 8<br />
3<br />
5<br />
1 1<br />
4<br />
4<br />
2<br />
2<br />
7<br />
1<br />
6 6<br />
1<br />
5<br />
1<br />
1<br />
4<br />
3 1<br />
3<br />
1<br />
3<br />
1<br />
3<br />
2<br />
2<br />
2<br />
2<br />
1 1<br />
1 1<br />
1<br />
1 1 1<br />
1<br />
-1 -1 -1 -1 -1<br />
-1<br />
-1<br />
-1 -1 -1<br />
-1 -1<br />
-1 -1<br />
-2<br />
-2<br />
-1 -3<br />
-1<br />
-2 -4<br />
-2<br />
-1<br />
-2 -4<br />
-2<br />
-1<br />
ACJ318<br />
ACJ319<br />
ACJ320<br />
ACJ330<br />
BBJ<br />
BBJ2<br />
Challenger 300/350<br />
Challenger 601<br />
Challenger 604<br />
Challenger 605<br />
Challenger 800/850<br />
Challenger 870<br />
CRJ200VIP<br />
Global 5000<br />
Global 6000<br />
Global Express<br />
Global Express XRS<br />
Learjet 60/XR<br />
Citation CJ1<br />
Citation CJ3<br />
Citation Excel/XLS/+<br />
Citation Mustang<br />
Citation Soveign/+<br />
Citation VI/VII<br />
64<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
GREATER CHINA<br />
8<br />
5<br />
11<br />
3<br />
14<br />
9<br />
2<br />
19<br />
1<br />
12<br />
5<br />
12 6<br />
3<br />
1<br />
3<br />
4<br />
2<br />
3<br />
2<br />
4<br />
4<br />
2<br />
3<br />
2<br />
2<br />
2<br />
2<br />
1 1 1 1 1 1 1 1<br />
1 1<br />
-1 -1 -1 -1 -1 -1<br />
-2<br />
-3<br />
-1<br />
-3<br />
-4 -2<br />
-4<br />
-5<br />
-3<br />
-6 -6<br />
-2<br />
1<br />
2<br />
-2 -2<br />
-1 -1<br />
-1<br />
-4<br />
-3<br />
-5<br />
-5<br />
-3<br />
Citation X<br />
Citation XLS/+<br />
Falcon 2000<br />
Falcon 7X<br />
Falcon 900LX<br />
Falcon 2000LX/LXS<br />
Legacy 650<br />
Legacy 650<br />
Lineage 1000<br />
Phenom 100<br />
Phenom 300<br />
Gulfstream G100<br />
Gulfstream G200<br />
Gulfstream G280<br />
Gulfstream G450<br />
Gulfstream G550<br />
Gulfstream G650<br />
Gulfstream G650ER<br />
Gulfstream IV/IV-SP<br />
Gulfstream V<br />
Hawker 400/A/XP<br />
Hawker 4000<br />
Hawker 750<br />
Hawker 800A/B/850XP/XPI/125-A<br />
Hawker 900XP<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 65
66<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
<strong>2015</strong> OPERATOR OVERVIEW<br />
The top 20 operators in the Asia Pacific region fly 35% of the total business jets, with 9 of the top 10<br />
being based in Greater China.<br />
Australia has the most number of operators with 105, followed by India with 91 and then China with<br />
54. But in Australia and India, the largest operator has a fleet of just 10 and 11 aircraft versus Deer<br />
<strong>Jet</strong> in China which operates 59 aircraft.<br />
The Australian and Indian markets are extremely fragmented with 73 and 61 operators in each country<br />
flying just 1 aircraft. The top 5 operators in China operate 55% of the local fleet. In Hong Kong, the<br />
top 5 represents 68% of the fleet. The top 5 operators in Australia and India represent only 21% and<br />
22% of their respective fleets.<br />
Examining the top 10 operators in more detail:<br />
• BAA added 9 aircraft in <strong>2015</strong> for a total of 54 aircraft and now operates by far the largest fleet of<br />
F7Xs in the Asia Pacific region (11 aircraft), as well as 18 Gulfstream aircraft. BAA’s fleet is split<br />
83%/17% between China and Hong Kong.<br />
• <strong>Jet</strong> Aviation added 7 aircraft for a total of 39 aircraft, of which 25 are Gulfstreams, including 5<br />
G650s. <strong>Jet</strong> Aviation’s fleet is largely based in Hong Kong (72%), but it also has aircraft based in<br />
Australia (1), Indonesia (3), Japan (3), Macau (1), Malaysia (1) and Singapore (2).<br />
• Sino<strong>Jet</strong> also added 8 aircraft for a total fleet of 18 aircraft but operates 11 different models. Its<br />
fleet is split 44%/56% between China and Hong Kong.<br />
• Hongkong <strong>Jet</strong> added 7 aircraft for a total of 19 aircraft and is the largest operator of single aisle<br />
corporate airliners with a fleet of 4 Airbus’ and 4 Boeings. Its fleet is largely based in Hong Kong<br />
(11 aircraft) but it also has aircraft based in China (6) and Indonesia (2).<br />
• Deer <strong>Jet</strong>’s fleet shrank by 9 aircraft to a total of 59 mainly through a reduction in older Gulfstreams<br />
(GIVs and GVs) and Hawkers (800s and 900s). Deer <strong>Jet</strong> still remains a huge Gulfstream operator<br />
with 40 aircraft in its fleet. Its whole fleet is based in Mainland China.<br />
• TAG Aviation saw its fleet contract by 4 aircraft to 45 – F7Xs and Challengers mostly. TAG’s fleet<br />
remains dominated by Bombardier models (22 aircraft) and is the most diversely based with<br />
aircraft under management in 8 countries in the Asia Pacific region: Hong Kong (15), China (14),<br />
Singapore (7), Cambodia (3), Malaysia (3) and also Indonesia, Macau and The Philippines with<br />
1 aircraft each.<br />
• Metrojet lost a net 5 aircraft through <strong>2015</strong> to end the year with a fleet of 30 aircraft. Most of<br />
the losses were Bombardier aircraft. Metrojet operates 19 Gulfstreams, including 3 G650s. 26<br />
aircraft (87%) are based in Hong Kong, with the remaining aircraft being based in the Philippines.<br />
• China Eastern’s fleet contracted by 2 aircraft in <strong>2015</strong>, down to 14 in total. Its fleet is dominated<br />
by the Legacy 650 and G450/G550 family with 5 aircraft of each. Its fleet is based in China.<br />
• Lily <strong>Jet</strong> grew by 1 aircraft in <strong>2015</strong> to 13 in total. 11 aircraft in its fleet are Bombardier models<br />
including 5 Challenger 800/850s with 11 aircraft are based in China and 3 in Hong Kong.<br />
• Execujet has a fleet of 18 aircraft, spread amongst 5 different bases, with the biggest fleets being<br />
in Australia (8) and Singapore (5).<br />
ASIA PACIFIC BUSINESS REGION BUSINESS JET FLEET JET REPORT FLEET REPORT – YEAR <strong>EN</strong>D – YEAR <strong>2015</strong> <strong>EN</strong>D <strong>2015</strong> 67
ASIA PACIFIC REGION<br />
Top 20 Operator <strong>Fleet</strong>s by OEM – Asia Pacific Region<br />
35% of total Asia Pacific fleet<br />
The Top-20 operators in Asia Pacific fly 35% of the total business jet fleet in the region. Deer <strong>Jet</strong>, BAA, TAG Aviation, <strong>Jet</strong><br />
Aviation, Metrojet and Hongkong <strong>Jet</strong> remain the top five jet operators in the region while many Chinese and Hong Kong<br />
operators follow, making Greater China count for 10 out of the top 20 Asia Pacific operators.<br />
59<br />
54<br />
45<br />
39<br />
30<br />
19 18 18<br />
14 14<br />
Deer <strong>Jet</strong><br />
BAA<br />
TAG Aviation<br />
<strong>Jet</strong> Aviation<br />
Metrojet<br />
Hongkong <strong>Jet</strong><br />
Sino <strong>Jet</strong><br />
Execujet<br />
China Eastern<br />
Lily <strong>Jet</strong><br />
Airbus 3 3 1 1 4 1<br />
Boeing 2 1 4 2<br />
Bombardier 1 11 31 10 4 1 5 14 1 12<br />
Cessna 1 1 1<br />
Dassault 6 14 4 2 2 1<br />
Embraer 7 1 2 1 2 5<br />
Gulfstream 40 18 8 25 23 7 8 3 6 2<br />
Hawker 7 1<br />
Westwind<br />
Total 59 54 45 39 30 19 18 18 14 14<br />
68<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
11<br />
10<br />
9 9<br />
8 8 8 8 8 8<br />
Reliance<br />
Transport & Travels<br />
Pel-Air Aviation<br />
AR Airways<br />
Asia <strong>Jet</strong><br />
Challenger<br />
Aero Air<br />
Korean Air<br />
Global <strong>Jet</strong> Asia<br />
MJETS<br />
Premiair<br />
Vista <strong>Jet</strong><br />
Total<br />
1 2 16<br />
1 1 11<br />
4 4 1 3 1 1 1 1 8 114<br />
6 6 4 19<br />
3 2 1 3 38<br />
2 6 26<br />
5 2 2 4 1 154<br />
1 4 13<br />
6 6<br />
11 10 9 9 8 8 8 8 8 8 397<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 69
Hawker Pacificker Pacific Aircraft Management<br />
The Hawker Pacific Aircraft Management team is<br />
made up of aviation specialists whose combined<br />
aircraft operations experience spans more than<br />
200 years and 5 continents. The company’s<br />
state of the art Operations Control Centre in Singapore<br />
is in charge of managing the fleet around<br />
the clock, serving as the center for its clients<br />
aircraft that are based throughout the region, including<br />
in cities like Sydney, Singapore, Jakarta,<br />
and Manila.<br />
Senior Vice President Patrick Enz, who has<br />
spearheaded Hawker Pacific’s Aircraft Management<br />
services out of Singapore since 2012, says<br />
the group’s heritage dates back to 1978 and<br />
Hawker Pacific’s name comes from the entrepreneurial<br />
activities of Australian aviation pioneer<br />
Harry Hawker.<br />
Hawker Pacific’s basic mission is to find solutions<br />
for aircraft owners’ needs. It delivers a<br />
full service that combines the mentality of traditional<br />
private banking with a modern asset<br />
management approach. The company focuses<br />
on its clients’ global travel needs, helping aircraft<br />
owners find the most effective ways to take the<br />
hassle out of aircraft ownership and protect the<br />
value of their investment. “The company at all<br />
times represents the owner’s interests and offers<br />
full transparency of operational costs, with<br />
no markups, commissions, or added fees, as it<br />
brings clients the peace of mind that comes with<br />
a tailor-made solution,” says Enz.<br />
Patrick Enz,<br />
Senior Vice President<br />
Hawker Pacific’s Operation Management System<br />
integrates the latest quality and safety systems to<br />
ensure consistent levels of product and service<br />
delivery. Hawker Pacific’s administration offers<br />
customers a snapshot of operations and financial<br />
data along with the status of past and upcoming<br />
maintenance inputs at all times. These<br />
quality services are delivered through a modular<br />
approach to aircraft management tailored to fit<br />
each individual situation. These modules can be<br />
combined to take a customer from aircraft evaluation<br />
through the purchase and delivery stage<br />
to aircraft operation, and can even be extended<br />
to include the stage of aircraft re-evaluation and<br />
sale, when that time comes.<br />
70<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
With such extensive services customized to a client’s<br />
particular needs, the aircraft owner can enjoy all the<br />
prestige, flexibility and convenience of private aircraft<br />
ownership while minimizing the complex and time-consuming<br />
tasks involved with the operation, administration<br />
and meeting regulatory requirements.<br />
The services Hawker Pacific Aircraft Management offers<br />
span the full range of needs any aircraft owner will<br />
encounter over his or her’s years of owning an aircraft.<br />
Hawker Pacific’s dedicated team of experts help aircraft<br />
owners monitor their aircraft’s utilization and maintenance<br />
planning functions; bring professional oversight<br />
to the maintenance performed on the aircraft; review<br />
Airworthiness Directives and OEM Service Bulletins;<br />
monitors the performance of flight crews; ensure that<br />
all records and regulatory requirements are completely<br />
compliant; offer financial and accounting services; introduce<br />
competitive insurance solutions, and most importantly,<br />
assist the client in all their trip planning needs.<br />
The customer’s flight activities are managed through a<br />
sophisticated flight operations system that provides secure,<br />
round-the-clock access to all the aircraft’s details,<br />
while allowing pilots and crew to update flying hours and<br />
relevant information from any point on the globe.<br />
about the specific needs of his Asian customers, Enz replied,<br />
“In Asia, end users tend to utilize their aircraft for<br />
private use rather than just as a business tool. For this<br />
reason, we tailor our services to cater to their personal<br />
requirements. For instance, we have a customer who<br />
prefers that the flight attendant prepares and cooks<br />
complex meals on-board, or procures their favorite dishes<br />
from a specific restaurant. Every crew is assigned<br />
one aircraft only, and Hawker Pacific is committed to<br />
going the extra mile for our customers.”<br />
Hawker Pacific’s investment and focus in the region<br />
gives it a competitive advantage in the dynamic Asia-Pacific<br />
market. It will be exciting to see this company’s<br />
plans become a firm reality in the upcoming years, given<br />
a steadily growing market at its doorstep and Hawker<br />
Pacific’s ability to deliver a turn-key solution to suit any<br />
Aviation customer’s needs.<br />
Enz points to Hawker Pacific’s competitive advantage,<br />
saying “Hawker Pacific is a market leader in integrated<br />
civil and military aerospace sales and product support<br />
in South East Asia, Australia, the Pacific and the Middle<br />
East and is one of the largest independent companies<br />
of its type in the region with over 700 employees. The<br />
company’s Asian operations include established businesses<br />
in Singapore, China, the Philippines, Thailand,<br />
Indonesia and Malaysia. Hawker Pacific has the whole<br />
package to deliver a turn-key solution to end users.”<br />
When asked where he expects Hawker Pacific’s Aircraft<br />
Management business to be in the next five to ten<br />
years, Enz says “We started our aircraft management<br />
business in 2012 and have assembled a team that<br />
provides a seamless service that takes the burden of<br />
out aircraft ownership for the owner. So far, we have 10<br />
management and support contracts in the region and<br />
are quite optimistic with growing 3-4 contracts per year.”<br />
Hawker Pacific is the only full service aircraft management<br />
provider based in Singapore offering also in-house<br />
maintenance and hangarage services. When we asked<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 71
ASIA PACIFIC REGION<br />
Top Operator <strong>Fleet</strong>s – by Aircraft Model<br />
China – 54 Operators in Total<br />
• 5 Operators shown represent 48% of the fleet<br />
• 14 Operators - 3-8 aircraft each<br />
• 14 Operators - 2 aircraft each<br />
• 21 Operators - 1 aircraft each<br />
59<br />
45<br />
14 14 11<br />
Deer <strong>Jet</strong><br />
BAA<br />
China<br />
Eastern<br />
TAG<br />
Aviation<br />
Lily <strong>Jet</strong><br />
Total<br />
Change<br />
from 2014<br />
ACJ318 1 1 2<br />
ACJ319 2 1 3<br />
ACJ320 1 1 +1<br />
BBJ 2 2<br />
Challenger 604 2 2<br />
Challenger 605 1 3 1 5 -1<br />
Challenger 300/350 1 1<br />
Challenger 800/850 3 2 4 9<br />
Global 5000 3 3<br />
Global 6000 4 1 1 6<br />
Global Express 1 1 2<br />
Global Express XRS 1 1 -1<br />
Learjet 60/XR 1 1 2<br />
Citation 525/CJ/+/M2 1 1<br />
Falcon 2000S 1 1<br />
Falcon 7X 4 10 3 17<br />
Falcon 900LX 1 1 1 3 +1<br />
Lineage 1000 1 1<br />
Legacy 650 5 5 1 11 +5<br />
Gulfstream G200 4 1 1 6 -3<br />
Gulfstream G280 2 2 +2<br />
Gulfstream G450 14 7 2 1 24 +1<br />
Gulfstream G550 20 5 3 28<br />
Gulfstream V 1 1 -2<br />
Gulfstream IV/IV-SP 1 1 -3<br />
Hawker 4000 1 1<br />
Hawker 800A/B/850XP/XPI/125-1A 5 1 6 -1<br />
Hawker 900XP 1 1 -1<br />
Total 59 45 14 14 11 143<br />
Change from 2014 -8 +10 -2 -3 +1 -2<br />
* The top 5 operators are shown unless many operators share the same number of aircraft at the 4th and 5th place.<br />
72<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Hong Kong – 24 Operators in Total<br />
• 5 Operators shown represent 68% of the fleet<br />
• 1 Operators - 9 aircraft<br />
• 2 Operators - 4 aircraft each<br />
• 3 Operators - 3 aircraft each<br />
• 3 Operators - 2 aircraft each<br />
• 10 Operators - 1 aircraft each<br />
ASIA PACIFIC REGION<br />
28<br />
26<br />
15<br />
11 10<br />
<strong>Jet</strong> Aviation<br />
Metrojet<br />
TAG Aviation<br />
Hongkong <strong>Jet</strong><br />
Sino <strong>Jet</strong><br />
Total<br />
Change<br />
from 2014<br />
ACJ318 1 1<br />
ACJ319 2 2 -1<br />
BBJ 1 3 1 5 +2<br />
Challenger 300/350 1 1<br />
Challenger 604 1 1 -1<br />
Challenger 605 1 1 1 1 2 6 -1<br />
Challenger 800/850 1 1 2<br />
Global 5000 2 1 3 6 -1<br />
Global 6000 3 6 9 +6<br />
Global Express 1 1 2 -1<br />
Global Express XRS 1 1 2 -1<br />
Falcon 7X 1 1 2 -1<br />
Falcon 900LX 1 1 -1<br />
Legacy 600 1 2<br />
Legacy 650 1 1<br />
Gulfstream V 1 1<br />
Gulfstream G200 1 1 1 3<br />
Gulfstream G450 5 5 1 2 13 +1<br />
Gulfstream G550 9 9 2 1 21 -3<br />
Gulfstream G650 3 2 1 1 1 8 +5<br />
Gulfstream G650ER 1 1 2<br />
Total 28 26 15 11 10 90<br />
Change from 2014 +9 -5 -1 +3*<br />
* include one Citation Sovereign/+ and one Lineage 1000 which left Hong Kong<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 73
ASIA PACIFIC REGION<br />
Macau – 7 Operators in Total<br />
• 3 Operators shown represent 67% of the fleet<br />
• 4 Operators - 1 aircraft each<br />
4<br />
2 2<br />
Fortuna <strong>Jet</strong><br />
<strong>Jet</strong> Asia<br />
Macau Landmark<br />
Management<br />
Challenger 605 1 1<br />
CRJ100/200/VIP 1 1<br />
Global Express 1 1<br />
Legacy 600 1 1<br />
Lineage 1000 1 1<br />
Gulfstream G550 2 2<br />
Hawker 4000 1 1 +1<br />
Total 4 2 2 8<br />
Change from 2014 +1 +1<br />
Total<br />
Change<br />
from 2014<br />
Taiwan – 12 Operators in Total<br />
• 4 Operators shown represent 64% of the fleet<br />
• 8 Operators - 1 aircraft each<br />
6<br />
4<br />
2 2<br />
Executive Aviation<br />
Taiwan<br />
EVA Airways<br />
Aerospace Industrial<br />
Development<br />
ACJ318 2 2<br />
ACJ319 1 1 +1<br />
BBJ 1 1<br />
Global 5000 1 1<br />
Global 6000 1 1 +1<br />
Global Express XRS 2 2 +1<br />
Legacy 600 1 1<br />
Gulfstream G100/G150 2 2<br />
Gulfstream G550 2 2<br />
Hawker 400XP 1 1<br />
Total 6 4 2 2 14<br />
Change from 2014 +2 +1 -1 +2*<br />
* include one G450 which left Taiwan<br />
Win Air <strong>Jet</strong><br />
Total<br />
Change<br />
from 2014<br />
74<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 75
ASIA PACIFIC REGION<br />
Japan – 28 Operators in Total<br />
• 6 Operators shown represent 45% of the fleet<br />
• 5 Operators - 2 aircraft each<br />
• 17 Operators - 1 aircraft each<br />
5<br />
4<br />
4<br />
3<br />
3 3<br />
Asia <strong>Jet</strong><br />
Gov’t of Japan -<br />
Coast Guard<br />
Ministry of Land &<br />
Transportation<br />
<strong>Jet</strong> Avaition<br />
Nakanihon Air<br />
Serice<br />
Japan - Civil<br />
Avaition Bureau<br />
ACJ318 1 1<br />
BBJ 1 1<br />
Global 6000 2 2 +1<br />
Global Express 2 2<br />
Citation CJ4 3 3 +3<br />
Citation Ultra/V 3 3<br />
Falcon 900/C/DX 2 2<br />
Gulfstream G650 2 2 4<br />
Gulfstream IV/IV-SP 2 2<br />
Gulfstream V 2 2<br />
Total 5 4 4 3 3 3 22<br />
Change from 2014 +1 +3 +4<br />
Total<br />
Change<br />
from 2014<br />
South Korea – 9 Operators in Total<br />
• 5 Operators shown represent 80% of the fleet<br />
• 4 Operators operate 1 aircraft<br />
8<br />
2 2 2 2<br />
Korean Air<br />
Flight Inspection<br />
Center<br />
ACJ319 1 1<br />
BBJ 1 2 1 4 -1<br />
Challenger 600/601 1 1<br />
Global Express XRS 1 1 2<br />
Citation 525/CJ/+/M2 2 2<br />
Citation Ultra/V 4 4<br />
Gulfstream G550 1 1<br />
Hawker 700A/B/750 1 1<br />
Total 8 2 2 2 2 16<br />
Change from 2014 -1 -1<br />
Hyundai Motor<br />
Samsung Techwin<br />
SK Telecom<br />
Total<br />
Change<br />
from 2014<br />
76<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
India – 91 Operators in Total<br />
• 5 Operators shown represent 21% of the fleet<br />
• 2 Operators - 3 aircraft each<br />
• 23 Operators - 2 aircraft each<br />
• 61 Operators - 1 aircraft each<br />
ASIA PACIFIC REGION<br />
11<br />
9<br />
4 4 4<br />
Reliance Transport &<br />
Travels<br />
AR Airways<br />
India Fly Safe<br />
Aviation<br />
Air One Aviation<br />
Airmid Aviation<br />
Services<br />
ACJ319 1 1<br />
Challenger 604 1 1<br />
Challenger 800/850 1 1<br />
CRJ100/200/VIP 1 1<br />
Global 5000 1 1 2 +1<br />
Global 6000 1 1 2 +1<br />
Global Express 1 1<br />
Global Express XRS 1 1<br />
Citation Excel/XLS/+ 2 1 1 4<br />
Citation S/II/Bravo/II/SP 4 1 5<br />
Falcon 2000/DX/EX EASy 1 2 3 +1<br />
Falcon 7X 1 1 +1<br />
Falcon 900EX/EASy 2 2<br />
ERJ135ER/LR 1 1 2<br />
Legacy 650 1 2 3 +1<br />
Lineage 1000 1 1<br />
Hawker 800A/B/850XP/XPI/125-1A 1 1<br />
Total 11 9 4 4 4 32<br />
Change from 2014 +2 +1 +1 +4*<br />
* include one Citation CJ2/+ which left India<br />
Total<br />
Change<br />
from 2014<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 77
78<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Thailand – 16 Operators in Total<br />
• 4 Operators shown represent 58% of the fleet<br />
• 2 Operators - 2 aircraft each<br />
• 10 Operators - 1 aircraft each<br />
ASIA PACIFIC REGION<br />
8<br />
4 4 3<br />
MJETS<br />
Siam Land Flying<br />
Gov’t of Thailand<br />
Royal Air Force<br />
AC Aviation<br />
Total<br />
Change<br />
from 2014<br />
ACJ319 1 1<br />
ACJ320 1 1<br />
BBJ2 1 1<br />
B737-400 1 1<br />
Global Express XRS 1 1<br />
Citation CJ3 1 1<br />
Citation S/II/Bravo/II/SP 2 2 +1<br />
Citation X/+ 1 1<br />
Falcon 2000LX/LXS 1 1<br />
Gulfstream G200 2 2<br />
Gulfstream G550 1 1 +1<br />
Gulfstream V 1 1<br />
Hawker 400/A/B/Diamond I 2 2<br />
Hawker 800A/B/850XP/XPI/125-1A 2 1 3<br />
Total 8 4 4 3 19<br />
Change from 2014 +2 +2<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 79
ASIA PACIFIC REGION<br />
Philippines – 28 Operators in Total<br />
• 5 Operators shown represent 45% of the fleet<br />
• 4 Operators - 2 aircraft each<br />
• 19 Operators - 1 aircraft each<br />
8<br />
4 4<br />
3 3<br />
Challenger Aero Air<br />
Subic Int'l<br />
Air Charter<br />
Metrojet<br />
Lionair<br />
Royal Star Aviation<br />
Total<br />
Change<br />
from 2014<br />
Challenger 300/350 1 1<br />
CRJ100/200/VIP 1 1<br />
Learjet 35/A/36/A 1 1<br />
Learjet 40 1 1<br />
Learjet 75 1 1 +1<br />
Citation 500/I/SP 1 1<br />
Citation Excel/XLS/+ 1 1 2<br />
Dornier 328JET 1 1<br />
Falcon 900/C/DX 1 1<br />
Gulfstream G200 1 1<br />
Gulfstream G300/G350 1 1 +1<br />
Gulfstream G450 1 1<br />
Gulfstream G550 1 1<br />
Gulfstream IV/IV-SP 1 1 2<br />
Hawker 700A/B/750 1 1 2<br />
Hawker 800A/B/850XP/XPI/125-1A 3 3<br />
Westwind 1/2 1 1<br />
Total 8 4 4 3 3 22<br />
Change from 2014 -1 +1<br />
80<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Malaysia – 34 Operators in Total<br />
• 6 Operators shown represent 39% of the fleet<br />
• 28 Operators - 1 aircraft each<br />
ASIA PACIFIC REGION<br />
4 4<br />
3 3 2 2<br />
Gov’t of<br />
Malaysia<br />
Smooth Route<br />
TAG Aviation<br />
Execujet<br />
Berjaya Air<br />
Air Alsie<br />
Total<br />
Change<br />
from 2014<br />
ACJ319 1 1<br />
Challenger 300/350 1 1<br />
Global 5000 1 1 2 +1<br />
Global Express XRS 2 2<br />
Learjet 60/XR 2 2<br />
Citation S/II/Bravo/II/SP 2 2<br />
Citation Sovereign/+ 2 2<br />
Falcon 7X 1 1<br />
Falcon 900LX 1 1<br />
Gulfstream G200 1 1<br />
Gulfstream G450 1 1<br />
Gulfstream IV/IV-SP 1 1 2<br />
Total 4 4 3 3 2 2 18<br />
Change from 2014 +1 +1<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 81
ASIA PACIFIC REGION<br />
Singapore – 34 Operators in Total<br />
• 6 Operators shown represent 44% of the fleet<br />
• 7 Operators - 2 aircraft each<br />
• 21 Operators - 1 aircraft each<br />
7 6 5<br />
4 3 3<br />
TAG Aviation<br />
Pacific Flight<br />
Services<br />
Execujet<br />
ACJ319 1 1 +1<br />
Challenger 300/350 1 2 3 +1<br />
Challenger 605 1 2 1 4<br />
Global 5000 3 1 4 +1<br />
Global 6000 1 1 2 +1<br />
Learjet 35/A/36/A 2 2<br />
Learjet 45/XR 1 1<br />
Learjet 60/XR 1 2 3<br />
Legacy 600 2 2 +2<br />
Gulfstream G100/G150 1 1<br />
Gulfstream G450 1 1 2 +1<br />
Gulfstream G550 1 1<br />
Gulfstream III 1 1<br />
Gulfstream V 1 1 +1<br />
Total 7 6 5 4 3 3 28<br />
Change from 2014 +2 +1 +2 +3 +8<br />
Asia Aviation<br />
Company<br />
Precious<br />
<strong>Jet</strong><br />
Hawker<br />
Pacific<br />
Total<br />
Change<br />
from 2014<br />
Indonesia – 31 Operators in Total<br />
• 4 Operators shown represent 33% of the fleet<br />
• 8 Operators - 2 aircraft each<br />
• 19 Operators - 1 aircraft each<br />
8<br />
3 3 3<br />
82<br />
Premiair<br />
BBJ2 1 1<br />
<strong>Jet</strong><br />
Aviation<br />
Global 5000 1 1 2 +2<br />
Global 6000 1 1 +1<br />
Global Express XRS 1 1<br />
Learjet 31/A 2 2<br />
Falcon 2000LX/LXS 1 1 +1<br />
Legacy 600 2 2<br />
Legacy 650 2 1 3 +1<br />
Lineage 1000 1 1<br />
Phenom 300 1 1 2<br />
Gulfstream G550 1 1<br />
Total 8 3 3 3 17<br />
Change from 2014 +2 +2 +4*<br />
* include one BBJ which left Indonesia<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong><br />
Gov’t of<br />
Indonesia<br />
Hawker<br />
Pacific<br />
Total<br />
Change<br />
from 2014
Australia – 105 Operators in Total<br />
• 5 Operators shown represent 21% of the fleet<br />
• 1 Operator - 5 aircraft<br />
• 4 Operators - 4 aircraft each<br />
• 8 Operators - 3 aircraft each<br />
• 14 Operators - 2 aircraft each<br />
• 73 Operators - 1 aircraft each<br />
10<br />
8<br />
7 7<br />
6<br />
ASIA PACIFIC REGION<br />
Pel-Air<br />
Aviation<br />
Challenger 600/601 1 1<br />
Challenger 604 3 3<br />
Execujet<br />
Global 6000 1 1 +1<br />
Global Express XRS 3 3<br />
Learjet 35/A/36/A 4 6 10<br />
Citation III/VI/VII 1 1 2<br />
Citation Mustang 4 4 +2<br />
Citation S/II/Bravo/II/SP 1 2 3<br />
Citation Ultra/V 1 1<br />
Phenom 100 3 3<br />
Gulfstream IV/IV-SP 1 1<br />
Westwind 1/2 6 6<br />
Total 10 8 7 7 6 38<br />
Change from 2014 +1 +2 +3<br />
Flight Options<br />
(Australia)<br />
Revesco<br />
Aviation<br />
Air Affair<br />
Australia<br />
Total<br />
Change<br />
from 2014<br />
New Zealand – 10 Operators in Total<br />
• 2 Operators shown represent 33% of the fleet<br />
• 8 Operators - 1 aircraft each<br />
2 2<br />
Air Hawkes Bay<br />
Pacific <strong>Jet</strong>s<br />
Total<br />
Change<br />
from 2014<br />
Citation CJ4 1 1<br />
Citation Mustang 2 2 +1<br />
Westwind 1/2 1 1<br />
Total 2 2 4<br />
Change from 2014 +1 +1<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 83
Gulfstream has a long history of seeking the best<br />
combination of speed, comfort and efficiency to meet<br />
customer’s demands. In the newly crafted G600,<br />
Gulfstream’s goal was to combine new wing technology<br />
and airframe advances, new engines and a uniquely<br />
shaped cabin to transport travelers 11,482 kilometers<br />
at a speed of Mach 0.85, faster than any aircraft in its<br />
class. And Gulfstream intended to do all that without<br />
sacrificing fuel efficiency or passenger comfort.<br />
The G600 has certainly risen to the challenge. With a<br />
maximum operating speed of Mach 0.925 and a longrange<br />
cruise speed of Mach 0.8, frequent flyers in the<br />
G600 will save hours of flying time per year. The G600<br />
also maximizes efficiency with an advanced wing design<br />
and a pair of Pratt & Whitney Canada engines, which<br />
can operate for 10,000 hours between overhauls.<br />
These engines feature greatly reduced noise levels<br />
and emissions, which ultimately lower operating costs<br />
and ensure the aircraft will continue to conform to<br />
environmental standards.<br />
The G600’s cabin is 2.41 meters wide and 1.93 meters<br />
high, the optimal size and shape to promote a balance<br />
84<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
of speed and efficiency. The G600 can be configured with up to<br />
four living areas in its 13.77 meter long cabin, offering options<br />
for either a forward or aft galley, and even the possibility of a<br />
shower. The 68.5 centimeter wide seats offer plenty of space<br />
to spread out, and the divans and seats can all be converted to<br />
beds for sleeping. Conference tables can be added for meetings<br />
or dining. There are 10 individual cabin designs for living areas<br />
that owners can opt for, making the jet completely configurable<br />
for a variety of needs, including work, leisure, dining, or sleep.<br />
PERFORMANCE<br />
Maximum Range:<br />
6,200 nm / 11,482 km<br />
High-Speed:<br />
Mach 0.90 / 516 ktas<br />
Long-Range:<br />
Mach 0.85 / 488 ktas<br />
Maximum Operating Speed: Mach 0.925<br />
Takeoff Distance(SL, ISA, MTOW): 5,700 ft / 1,737 m<br />
Landing Distance(SL, ISA, MLW): 3,100 ft / 945 m<br />
Initial Cruise Altitude:<br />
41,000 ft / 12,497 m<br />
Maximum Cruise Altitude:<br />
51,000 ft / 15,545 m<br />
WEIGHTS<br />
Maximum Takeoff:<br />
Maximum Landing:<br />
Maximum Zero Fuel:<br />
Basic Operating (including 3 crew):<br />
Maximum Payload:<br />
Payload with Maximum Fuel:<br />
Maximum Fuel:<br />
91,600 lb / 41,549 kg<br />
76,800 lb / 34,836 kg<br />
57,440 lb / 26,054 kg<br />
51,440 lb / 23,333 kg<br />
6,000 lb / 2,722 kg<br />
1,800 lb / 816 kg<br />
38,760 lb / 17,581 kg<br />
EXTERNAL<br />
Length:<br />
Overall Span:<br />
Height:<br />
96 ft 1 in / 29.29 m<br />
95 ft / 28.96 m<br />
25 ft 3 in / 7.70 m<br />
The cabin can also be designed to reflect the owner’s unique<br />
style, choosing from hand-woven rugs, bamboo flooring, and a<br />
wide variety of colors for the upholstery. High definition monitors<br />
serve both business and entertainment needs, while satellite<br />
communications and the optional Broadband Multilink (BML)<br />
high-speed data system make staying in touch a breeze.<br />
The Gulfstream Cabin Management System gives travelers<br />
control of lighting, window shades, temperature and<br />
entertainment through touchscreen devices. The G600 is<br />
engineered to provide a quiet journey, keeping the air fresh and<br />
atmosphere serene with its low cabin altitude. The cabin is so<br />
quiet passengers can converse in normal voices, even when<br />
flying near the speed of sound.<br />
The Gulfstream G650, from which the G600 was developed, has<br />
long been a favorite in its class of business jet. With the release<br />
of the newer, better G600, customers are sure to be that much<br />
more impressed by its perfect blend of comfort, speed, and<br />
efficiency.<br />
INTERNAL<br />
Total Interior Length:<br />
51 ft 3 in / 15.62 m<br />
Cabin Length (excluding baggage): 45 ft 2 in / 13.77 m<br />
Cabin Height:<br />
6 ft 4 in / 1.93 m<br />
Cabin Width:<br />
7 ft 11 in / 2.41 m<br />
Cabin Volume:<br />
1,884 cu ft / 53.35 cu m<br />
Baggage Compartment (usable volume):175 cu ft / 4.96 cu m<br />
DESIGN STANDARDS<br />
Avionics:<br />
Gulfstream Symmetry Flight Deck<br />
Engines:<br />
Two Pratt & Whitney Canada PW815GA<br />
Rated Takeoff Thrust (each): 15,680 lb / 69.75 kN<br />
Passengers (Typical Outfitting):<br />
Up to 19 / 4 Crew<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 85
ASIA PACIFIC<br />
86<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
<strong>2015</strong> OVERVIEW: FLEET AGE & REGISTRATION<br />
The vast majority (63.2%) of the business jets in the Asia Pacific region were manufactured in 2006 or<br />
later i.e. are 10 years old or less. Only Cessna, Bombardier and Boeing have more than 30% of their<br />
Asia Pacific Region fleet which is older than 10 years old. 55% of Cessna’s fleet is older than 10 years,<br />
40% of Bombardier’s and 36% of Boeing’s.<br />
The business jet fleet in Greater China is very young – 87% of the aircraft based in Hong Kong are less<br />
than 10 years old and 78% of the aircraft based in Mainland China are less than 10 years old. For<br />
Japan, the percentage less than 10 years old is 87%, Taiwan 73%, South Korea 70% and New Zealand<br />
67%, which also illustrates the newness of business aviation in these various markets.<br />
Looking at the average age of markets and fleets, Hong Kong has the youngest fleet with an average<br />
year of manufacture (YOM) of 2010 and Australia has the oldest with an average YOM of 1997. For<br />
the OEMs, Embraer has the youngest fleet with an average YOM of 2010 and Cessna has the oldest<br />
fleet with an average YOM of 2001.<br />
The top 4 registrations in the Asia Pacific region are China, the USA, Australia and India. Not including<br />
the US, the top registrations match the top business jet markets, with 23% of the Asia Pacific Region<br />
fleet being Chinese registered, 14% Australian and 13% Indian.<br />
However, a US registration (“N” registered aircraft) is still the most popular with aircraft based in 15<br />
countries across the Asian Pacific region. The next most popular foreign registries are Cayman, Isle<br />
of Man and Bermuda. The appeal of these registration are their low costs, ease of registration and<br />
operation flexibility.<br />
ASIA PACIFIC BUSINESS REGION BUSINESS JET FLEET JET REPORT FLEET REPORT – YEAR <strong>EN</strong>D – YEAR <strong>2015</strong> <strong>EN</strong>D <strong>2015</strong> 87
ASIA PACIFIC REGION<br />
<strong>Fleet</strong> Age Distribution – Asia Pacific<br />
1,134 Total<br />
100<br />
90<br />
80<br />
70<br />
60<br />
50<br />
40<br />
30<br />
20<br />
10<br />
0<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
88<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION<br />
Age Distribution by OEM<br />
by Year of Manufacture<br />
Airbus – 34 in Total<br />
20<br />
15<br />
10<br />
5<br />
0<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
Boeing – 33 in Total<br />
20<br />
15<br />
10<br />
5<br />
0<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
30<br />
25<br />
20<br />
15<br />
10<br />
5<br />
0<br />
Bombardier – 306 in Total<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
Cessna – 220 in Total<br />
20<br />
15<br />
10<br />
5<br />
0<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 89
ASIA PACIFIC REGION<br />
Dassault – 91 in Total<br />
20<br />
15<br />
10<br />
5<br />
0<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
Embraer – 69 in Total<br />
20<br />
15<br />
10<br />
5<br />
0<br />
20<br />
15<br />
10<br />
5<br />
0<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
Gulfstream – 264 in Total<br />
45<br />
40<br />
35<br />
30<br />
25<br />
20<br />
15<br />
10<br />
5<br />
0<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
Hawker – 98 in Total<br />
90<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Age Distribution by Region<br />
by Year of Manufacture<br />
China – 300 in total<br />
ASIA PACIFIC REGION<br />
60<br />
50<br />
40<br />
30<br />
20<br />
10<br />
0<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
Hong Kong – 132 in total<br />
20<br />
10<br />
0<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 91
ASIA PACIFIC REGION<br />
Taiwan – 22 in Total<br />
5<br />
0<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
Macau – 12 in Total<br />
5<br />
0<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
Japan – 49 in Total<br />
5<br />
0<br />
South Korea – 20 in Total<br />
5<br />
0<br />
20<br />
15<br />
10<br />
5<br />
0<br />
India – 145 in Total<br />
Thailand – 33 in Total<br />
5<br />
0<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
92<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION<br />
5<br />
0<br />
Philippines – 49 in Total<br />
Indonesia – 52 in Total<br />
Singapore – 63 in Total<br />
10<br />
5<br />
0<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
Malaysia – 46 in Total<br />
5<br />
0<br />
1965<br />
1966<br />
1967<br />
1968<br />
1969<br />
1970<br />
1971<br />
1972<br />
1973<br />
1974<br />
1975<br />
1976<br />
1977<br />
1978<br />
1979<br />
1980<br />
1981<br />
1982<br />
1983<br />
1984<br />
1985<br />
1986<br />
1987<br />
1988<br />
1989<br />
1990<br />
1991<br />
1992<br />
1993<br />
1994<br />
1995<br />
1996<br />
1997<br />
1998<br />
1999<br />
2000<br />
2001<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
<strong>2015</strong><br />
10<br />
5<br />
0<br />
Australia – 184 in Total<br />
15<br />
10<br />
5<br />
0<br />
New Zealand – 12 in Total<br />
5<br />
0<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 93
ASIA PACIFIC REGION<br />
FLEET REGISTRATIONS – ASIA PACIFIC REGION<br />
USA (N)<br />
Japan (JA)<br />
South Korea (HL)<br />
India (VT-)<br />
Bangladesh (S2-)<br />
Taiwan (B-XXXXX)<br />
Hong Kong (B-K/B-LXX)<br />
Macau (B-MXX)<br />
China (B-XXXX)<br />
Philippines (RP-C)<br />
Thailand (HS-)<br />
Myanmar (XY,XZ)<br />
Papua New Guinea (P2-)<br />
Indonesia (PK-)<br />
Malaysia (9M-)<br />
Brunei (V8-)<br />
10 (20%)<br />
39 (80%)<br />
Japan<br />
South Korea<br />
India<br />
2 (1%)<br />
20 (100%)<br />
147 (97%)<br />
Bangladesh<br />
1 (33%)<br />
Brunei<br />
28 (9%)<br />
1<br />
254 (85%)<br />
3 (100%)<br />
China<br />
Base Country<br />
Macau<br />
Taiwan<br />
Hong Kong<br />
Myanmar<br />
Thailand<br />
8 (67%)<br />
1 (8%)<br />
7 (32%) 13 (59%)<br />
49 (37%)<br />
24 (18%)<br />
5 (15%)<br />
1 (5%)<br />
4 (3%)<br />
1 (100%)<br />
27 (82%)<br />
1 (1%)<br />
2 (67%)<br />
Cambodia<br />
Malaysia<br />
Philippines<br />
22 (48%)<br />
10 (20%)<br />
2 (4%)<br />
1 (2%)<br />
37 (73%)<br />
1 (2%)<br />
13 (28%)<br />
Singapore<br />
Indonesia<br />
36 (57%)<br />
13 (25%)<br />
1 (2%)<br />
1 (2%)<br />
32 (62%)<br />
3 (100%)<br />
Papua New Guinea<br />
24 (13%)<br />
Australia<br />
4 (33%)<br />
New Zealand<br />
New Caledonia<br />
1 (100%)<br />
Samoa<br />
% of fleet 19% 3% 2% 13% 1% 3% 23% 3% 2% 3% 1%<br />
94<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION<br />
Singapore (9V-)<br />
Bermuda (VP-B, VQ-B)<br />
Cayman Islands (VP-C)<br />
Isle of Man (M-)<br />
Austria (OE-)<br />
Aruba (P4-)<br />
Canada (C-)<br />
Denmark (OY-)<br />
Finland (OH-)<br />
France (F-)<br />
Luxemberg (LX-)<br />
Malta (9H-)<br />
Australia (VH-)<br />
New Zealand (ZK-)<br />
San Marino (T7-)<br />
Japan<br />
South Korea<br />
1 (1%)<br />
1 (1%)<br />
India<br />
2 (67%)<br />
Bangladesh<br />
6 (2%)<br />
8 (3%)<br />
1<br />
2 (1%)<br />
Brunei<br />
China<br />
1 (8%) 1 (8%)<br />
1 (8%)<br />
Macau<br />
33 (25%)<br />
11 (8%)<br />
1 (5%)<br />
4 (3%) 1 (1%)<br />
1 (3%)<br />
1 (1%)<br />
1 (1%) 3 (2%)<br />
Taiwan<br />
Hong Kong<br />
Myanmar<br />
Thailand<br />
Base Country<br />
1 (33%)<br />
Cambodia<br />
3 (7%)<br />
2 (4%) 2 (4%)<br />
1 (2%)<br />
Malaysia<br />
1 (2%)<br />
1 (2%)<br />
Philippines<br />
1 (2%) 6 (10%)<br />
1 (2%)<br />
4 (6%)<br />
2 (3%) 9 (14%)<br />
1 (2%) 1 (2%)<br />
Singapore<br />
1 (2%)<br />
4 (8%)<br />
2 (4%)<br />
Indonesia<br />
Papua New Guinea<br />
1 (1%)<br />
1 (1%)<br />
2 (1%) 3 (2%)<br />
153 (83%)<br />
Australia<br />
8 (67%)<br />
New Zealand<br />
1 (100%)<br />
New Caledonia<br />
Samoa<br />
2% 4% 2%<br />
1% 14% 1%<br />
% of fleet<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 95
ASIA PACIFIC REGION<br />
Popular Aviation Registrations – Asia Pacific Region<br />
Characteristics Comparison<br />
Country<br />
of<br />
Registration<br />
Cost of<br />
Registering<br />
an Aircraft<br />
Time for<br />
Registration<br />
(Weeks)<br />
Effective<br />
Import<br />
Taxes<br />
Ease<br />
of<br />
Financing<br />
Sale Value<br />
Attractiveness<br />
Internationally<br />
New AC Type<br />
Delay<br />
(Months)<br />
Crew<br />
Licensing<br />
& Training<br />
International<br />
Operational<br />
Flexibility<br />
AUSTRALIA<br />
Average<br />
Reasonable<br />
Low<br />
Good<br />
Good<br />
Reasonable<br />
Difficult<br />
Good<br />
AUSTRIA<br />
Medium<br />
Short<br />
None<br />
Good<br />
Good<br />
Short<br />
Medium<br />
Medium<br />
BERMUDA<br />
Average<br />
Reasonable<br />
None<br />
Good<br />
Good<br />
Short<br />
Easy<br />
Reasonable<br />
CAYMAN<br />
ISLANDS<br />
Average<br />
Reasonable<br />
None<br />
Good<br />
Good<br />
Short<br />
Easy<br />
Reasonable<br />
CHINA<br />
Average<br />
Very Long<br />
Very High<br />
Mostly Local<br />
Medium<br />
Very Long<br />
Very Difficult<br />
Medium<br />
HONG<br />
KONG<br />
Expensive<br />
Very Long<br />
None<br />
Good<br />
Good<br />
Long<br />
Difficult<br />
Medium<br />
INDIA<br />
Medium<br />
Long<br />
High<br />
Mostly Local<br />
Medium<br />
Long<br />
Very Difficult<br />
Medium<br />
INDONESIA<br />
Average<br />
Long<br />
High<br />
Restricted<br />
Low<br />
Reasonable<br />
Difficult<br />
Low<br />
ISLE OF<br />
MAN<br />
Average<br />
Reasonable<br />
None<br />
Good<br />
Good<br />
Short<br />
Reasonable<br />
Reasonable<br />
JAPAN<br />
Expensive<br />
Long<br />
Medium<br />
Good<br />
Good<br />
Long<br />
Very Difficult<br />
Medium<br />
KOREA<br />
Medium<br />
Medium<br />
None<br />
Reasonable<br />
Good<br />
Reasonable<br />
Medium<br />
Medium<br />
MALTA<br />
Reasonable<br />
Reasonable<br />
None<br />
Good<br />
Good<br />
Short<br />
Reasonable<br />
Medium<br />
MALAYSIA<br />
Average<br />
Reasonable<br />
High<br />
Mostly Local<br />
Good<br />
Medium<br />
Medium<br />
Medium<br />
NEW<br />
ZEALAND<br />
Reasonable<br />
Reasonable<br />
None<br />
Good<br />
Good<br />
Reasonable<br />
Medium<br />
Good<br />
PHILIPPINES<br />
Reasonable<br />
Reasonable<br />
High<br />
Restricted<br />
Low<br />
Medium<br />
Difficult<br />
Reasonable<br />
TAIWAN<br />
Reasonable<br />
Reasonable<br />
None<br />
Good<br />
Reasonable<br />
Long<br />
Medium<br />
Medium<br />
THAILAND<br />
Reasonable<br />
Medium<br />
Medium<br />
Mostly Local<br />
Reasonable<br />
Reasonable<br />
Reasonable<br />
Reasonable<br />
USA<br />
Average<br />
Short<br />
None<br />
Good<br />
Good<br />
Short<br />
Easy<br />
Good<br />
Applicable tax rates & regulations may change without notice and vary depending on the structure of the transaction, the timing<br />
and place of entering into agreements. It is therefore advised to retain professional advice before entering into any transaction.<br />
96<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 97
ASIA PACIFIC SUPPORT INFRASTRUCTURE BY OEM<br />
Airbus<br />
Maintenance Service Centres – Asia Pacific Region<br />
Facility Location Aircraft Model<br />
Line<br />
Maintenance<br />
Heavy<br />
Maintenance<br />
Spare<br />
Parts<br />
Refurbishment<br />
Beijing Support Service Centre Beijing, China ●<br />
AMECO Beijing, China ACJ318/319 ●<br />
HNA Aviation Technik Haikou, China ACJ318/319/320 ● ●<br />
China Eastern Technik Shanghai, China ACJ318/319/320 ● ●<br />
STARCO Shanghai, China ACJ318/319/320 ● ●<br />
STAECO Jinan, China ACJ318/319/320 ● ●<br />
HAECO<br />
Xiamen, China<br />
ACJ318/319/320/<br />
321/330/340<br />
● ● ● ●<br />
HAECO Hong Kong ACJ319/320 ● ●<br />
CASL Hong Kong ● ● ●<br />
EVA Air - Evergreen Aviation<br />
Technologies<br />
Taoyuan, Taiwan ACJ318/319/320 ● ●<br />
Airbus India New Delhi, India ACJ318/319/320<br />
Airworks Mumbai, India ACJ320 ● ● ●<br />
Indamer Aviation Mumbai, India ACJ320 ● ●<br />
Lufthansa Technik Philippines Philippines ACJ319/320 ● ●<br />
Sepang Engineering Sepang, Malaysia ACJ318/319/320 ● ● ● ●<br />
ST Aerospace Singapore ACJ318/319/320 ● ●<br />
SIA Engineering Singapore ACJ318/319/320 ● ●<br />
AMSA Pinkenba, Australia ACJ319/320 ● ●<br />
Air New Zealand Auckland, New Zealand ACJ320 ● ●<br />
Hamilton Aero Maintenance Hamilton, New Zealand ACJ320 ● ●<br />
OEM Training Centres Worldwide<br />
Hamburg, Germany<br />
Toulouse, France<br />
Beijing, China<br />
Miami, Florida, USA<br />
Bangalore, India<br />
98<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Boeing<br />
Maintenance Service Centres – Asia Pacific Region<br />
Facility Location Aircraft Model<br />
Beijing Spare Distribution<br />
Centre<br />
Boeing Shanghai Aviation<br />
Service Co.<br />
Line<br />
Maintenance<br />
Heavy<br />
Maintenance<br />
Beijing, China BBJ/BBJ2 ●<br />
Shanghai, China BBJ/BBJ2 ● ● ●<br />
AMECO Beijing, China BBJ/BBJ2 ● ●<br />
STARCO Shanghai, China BBJ ●<br />
STAECO Jinan, China BBJ ●<br />
HAECO<br />
Xiamen, China<br />
BBJ/BBJ2/BBJ3/<br />
BBJ777/BBJ747-8/<br />
BBJ787<br />
HAECO Hong Kong BBJ/BBJ2 ● ●<br />
SMECO Chengdu, China BBJ ●<br />
Spare<br />
Parts<br />
Refurbishment<br />
● ● ● ●<br />
Airworks Mumbai, India BBJ ● ●<br />
Indamer Aviation Mumbai, India BBJ ● ●<br />
<strong>Jet</strong> Aviation Singapore BBJ/BBJ2 ● ●<br />
ST Aerospace Singapore BBJ/BBJ2 ● ●<br />
SIA Engineering Singapore BBJ/BBJ2 ● ●<br />
AMSA Pinkenba, Australia BBJ ● ●<br />
Airwork Flight Operations Brisbane, Australia BBJ ● ●<br />
Air New Zealand Auckland, New Zealand BBJ ● ●<br />
OEM Training Centres Worldwide<br />
Seattle, Washington, USA<br />
Atlanta, Georgia, USA<br />
Miami, Florida, USA<br />
Mexico City, Mexico<br />
Stockholm, Sweden<br />
London Gatwick, UK<br />
Istanbul, Turkey<br />
Casablanca, Morocco<br />
Incheon, South Korea<br />
Gimpo, South Korea<br />
Shanghai, China<br />
Singapore<br />
Buenos Aires, Argentina<br />
Brisbane, Australia<br />
Sydney, Australia<br />
Melbourne, Australia<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 99
Bombardier<br />
Maintenance Service Centres – Asia Pacific Region<br />
Facility Location Aircraft Model<br />
Line<br />
Maintenance<br />
Heavy<br />
Maintenance<br />
Beijing Airlines Beijing, China Learjet, Challenger and Global ●<br />
Shanghai Hawker Pacific Shanghai, China Global ●<br />
Execu<strong>Jet</strong> Haite<br />
Tianjin, China<br />
Learjet 60, Challenger 300,<br />
Challenger 605, Global<br />
Metrojet Hong Kong Challenger 300, Challenger 800, Global ● ●<br />
JAMCO Sendai, Japan Global ●<br />
Airworks<br />
Mumbai, India<br />
Learjet 60, Challenger 300,<br />
Challenger 605, Global<br />
Indamer Aviation Ahmadabad, India Global ●<br />
Execu<strong>Jet</strong> Malaysia<br />
Kuala Lumpur,<br />
Malaysia<br />
Challenger 300, Challenger 605,<br />
Challenger 800, Global<br />
●<br />
Spare<br />
Parts<br />
Refurbishment<br />
● ● ●<br />
Bombardier Service Centre Singapore Learjet, Challenger and Global ● ● ● ●<br />
Execu<strong>Jet</strong> Australia Sydney, Australia Learjet 40/45, Challenger 605, Global ● ● ●<br />
Execu<strong>Jet</strong> Australia Melbourne, Australia Challenger 605, Global ● ●<br />
●<br />
●<br />
OEM Training Centres Worldwide<br />
Amsterdam, Netherlands<br />
Montreal, Canada<br />
Burgess Hill, West Sussex, UK<br />
Dallas, Texas, USA<br />
Morristown, New Jersey, USA<br />
Toluca, Mexico<br />
Dubai, UAE<br />
100<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 101
Cessna<br />
Maintenance Service Centres – Asia Pacific Region<br />
Facility Location Aircraft Model<br />
Beijing Dingshi GA<br />
Beijing, China<br />
Citaiton Excel/ XLS, Citation Sovereign,<br />
Citation X<br />
Line<br />
Maintenance<br />
●<br />
Heavy<br />
Maintenance<br />
China Flight GA Xi'an, China Citation Excel/XLS/+ ● ●<br />
Shanghai Hawker Pacific<br />
Shanghai, China<br />
Citation Sovereign, Hawker<br />
750/800/850/900, Hawker 4000<br />
Okayama Air Service Okayama, Japan All Citation aircraft ● ●<br />
Airworks Mumbai, India Citation CJ1+, Citation CJ2/+ ● ●<br />
Mjets Bangkok, Thailand All Citation aircraft ● ●<br />
SR Aviation<br />
Kuala Lumpur,<br />
Malaysia<br />
Citation Bravo, Citation Sovereign ● ●<br />
●<br />
●<br />
●<br />
Spare<br />
Parts<br />
Refurbishment<br />
Cessna Service Centre Singapore All Citation and Hawker aircraft ● ● ● ●<br />
Hawker Pacific Asia<br />
Aeromil Pacific<br />
Singapore<br />
Bankstown, Australia<br />
Hawker 400XP, Hawker 700/750, Hawker<br />
800A/B, Hawker 850XP, Hawker 900XP<br />
All Citation aircraft ● ●<br />
Airflite Jandakot, Australia All Citation aircraft ● ●<br />
Execu<strong>Jet</strong> Australia<br />
Execu<strong>Jet</strong> Australia<br />
Execu<strong>Jet</strong> Australia<br />
Sydney, Australia<br />
Melbourne,<br />
Australia<br />
Perth, Australia<br />
Citation I, Citation II, Citation III, Hawker<br />
400XP, Hawker 700/750, Hawker 800A/<br />
B, Hawker 850XP, Hawker 900XP<br />
Citation I, Citation II, Citation III, Hawker<br />
400XP, Hawker 700/750, Hawker 800A/<br />
B, Hawker 850XP, Hawker 900XP<br />
Citation I, Citation II, Citation III, Hawker<br />
700/750, Hawker 800A/B, Hawker<br />
850XP, Hawker 900XP<br />
●<br />
●<br />
●<br />
●<br />
●<br />
●<br />
●<br />
●<br />
OEM Training Centres Worldwide<br />
Fairbanks, Alaska, USA<br />
British Columbia, Canada<br />
Aurora, Oregon, USA Snohomish, Washington, USA<br />
Gig Harbor, Washington, USA<br />
Creswell, Oregon, USA<br />
Bend, Oregon, USA<br />
Kapolei, Hawaii USA<br />
Maui, Hawaii, USA<br />
Antwerp, Belgium<br />
Hradec Kralove, Czech Republic<br />
Zurich, Switzerland<br />
Riyadh, Saudi Arabia<br />
Seosan, South Korea<br />
New South Wales, Australia<br />
102<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Embraer<br />
Maintenance Service Centres – Asia Pacific Region<br />
Facility Location Aircraft Model<br />
Line<br />
Maintenance<br />
Heavy<br />
Maintenance<br />
STAECO Jinan, China Legacy 600/650, Lineage 1000 ● ●<br />
Embraer China Aircraft<br />
Technical Services<br />
Beijing, China All Embraer models ●<br />
Execu<strong>Jet</strong> Haite Tianjin, China Legacy 600/650, Lineage 1000 ●<br />
China Eastern Shanghai, China Legacy 600/650 ●<br />
Metrojet Hong Kong Legacy 600/650, Lineage 1000 ●<br />
Indamer Aviation New Delhi, India Legacy 600/650, Lineage 1000 ● ●<br />
Indamer Aviation Mumbai, India Legacy 600/650 ●<br />
Indamer Aviation Hyderabad, India Legacy 600/650 ●<br />
Airworks Mumbai, India Phenom 100/300 ●<br />
Airworks<br />
Hosur, India<br />
Phenom 100/300, Legacy 600/650,<br />
Lineage 1000<br />
Airworks Chennai, India Phenom 100, Legacy 600/650 ●<br />
Hawker Pacific Asia<br />
Singapore<br />
Phenom 100/300, Legacy 500, Legacy<br />
600/650, Lineage 1000<br />
Execu<strong>Jet</strong> Singapore Singapore Legacy 600 ●<br />
WJA Aviation<br />
Execu<strong>Jet</strong> Australia<br />
Execu<strong>Jet</strong> Australia<br />
Execu<strong>Jet</strong> Australia<br />
Jakarta,<br />
Indonesia<br />
Sydney, Australia<br />
Melbourne,<br />
Australia<br />
Perth, Australia<br />
Legacy 600/650<br />
Phenom 100/300, Legacy 500, Legacy<br />
600/650, Embraer 135/145<br />
Phenom 100/300, Legacy 600/650, Embraer<br />
135/145<br />
Phenom 100/300, Legacy 600/650, Embraer<br />
135/145<br />
Airflite Perth, Australia Phenom 100 ●<br />
●<br />
●<br />
●<br />
●<br />
●<br />
●<br />
●<br />
Spare<br />
Parts<br />
Refurbishment<br />
●<br />
OEM Training Centres Worldwide<br />
Longbeach, California USA<br />
St. Louis, Missouri, USA<br />
Atlanta, Georgia, USA<br />
Houston, Texas, USA<br />
Paris, France<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 103
Falcon<br />
Maintenance Service Centres – Asia Pacific Region<br />
Facility Location Aircraft Model<br />
Line<br />
Maintenance<br />
Heavy<br />
Maintenance<br />
Beijing Capital Airlines Beijing, China Falcon 7X ● ●<br />
Spares Depot - Beijing Beijing, China All Falcon Aircraft ●<br />
Shanghai Hawker Pacific<br />
Shanghai, China<br />
Falcon DX/EX/EX EASy/LX,<br />
Falcon 2000DX/EX EASy/LX/LXS/S,<br />
Falcon 7X<br />
●<br />
●<br />
Spare<br />
Parts<br />
Refurbishment<br />
<strong>Jet</strong> Aviation Hong Kong Falcon 900DX/EX EASy/LX, Falcon 7X ● ●<br />
Spares Depot - Hong Kong Hong Kong All Falcon Aircraft ●<br />
Ligare Aviation Engineering New Delhi, India Falcon 7X ●<br />
Airworks Mumbai, India Falcon DX/EX/LX, Falcon 900EX EASy ●<br />
Taj Air Metrojet Aviation Mumbai, India Falcon 2000/DX/EX/EX EASy/LX/LXS/S ● ●<br />
Siddhartha Logistics Mumbai, India All Falcon Aircraft ●<br />
Hawker Pacific Asia<br />
Singapore<br />
Falcon 10, Falcon 20/20-5, Falcon 50/EX,<br />
Falcon 200,<br />
Falcon 900/DX/EX/ EX EASy/LX,<br />
Falcon 2000/DX/EX/EX EASy/LX/LXS/S,<br />
Falcon 7X<br />
● ● ● ●<br />
Hawker Pacific Pty<br />
Bankstown,<br />
Australia<br />
Falcon 10, Falcon 20/20-5, Falcon 50/EX,<br />
Falcon 200,<br />
Falcon 900/DX/EX/ EX EASy/LX,<br />
Falcon 2000/DX/EX/EX EASy/LX/LXS/S,<br />
Falcon 7X<br />
● ● ●<br />
Execu<strong>Jet</strong> Australia Sydney, Australia<br />
Falcon 20, Falcon 50/EX, Falcon 900EX/EX<br />
EASy/DX<br />
●<br />
●<br />
Execu<strong>Jet</strong> Australia<br />
Melbourne,<br />
Australia<br />
Falcon 20, Falcon 50/EX, Falcon 900EX/EX<br />
EASy/DX<br />
●<br />
●<br />
Execu<strong>Jet</strong> Australia<br />
Perth, Australia<br />
Falcon 20, Falcon 50/EX, Falcon 900EX/EX<br />
EASy/DX<br />
●<br />
●<br />
OEM Training Centres Worldwide<br />
Colombus, Ohio, USA Wilmington, Delaware, USA<br />
Little Rock, Arkansas, USA<br />
Whippany, New Jersey, USA<br />
Teterboro, New Jersey, USA<br />
Fort Worth, Texas, USA Dallas, Texas, USA<br />
West Sussex, UK<br />
Bordeaux, France<br />
Merignac, France<br />
Dubai, UAE<br />
104<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Gulfstream<br />
Maintenance Service Centres – Asia Pacific Region<br />
Facility Location Aircraft Model<br />
Line<br />
Maintenance<br />
Heavy<br />
Maintenance<br />
Spare<br />
Parts<br />
Refurbishment<br />
Gulfstream Service Centre Beijing, China G-V, G200, G280, G450, G550 ● ● ● ●<br />
STAECO Jinan, China G450 ● ●<br />
Metrojet<br />
Hong Kong<br />
G-V, G-IV/GIV-SP, G100, G150, G200,<br />
G300, G350, G450, G550, G650<br />
●<br />
●<br />
<strong>Jet</strong> Aviation<br />
Hong Kong<br />
G-IV/GIV-SP, G100, G150, G200, G300/<br />
G400, G450, G500/550, G650<br />
●<br />
JAMCO<br />
Sendai, Japan<br />
G-V, G-IV/GIV-SP, G300/G400, G500/<br />
G550<br />
●<br />
●<br />
Airworks<br />
Mumbai, India<br />
G-V, G-IV/GIV-SP, G100, G200, G300/<br />
G400, G450, G500/G550<br />
●<br />
●<br />
Execu<strong>Jet</strong> Malaysia<br />
Kuala Lumpur,<br />
Malaysia<br />
G-IV, G200, G450 ● ●<br />
<strong>Jet</strong> Aviation Pte<br />
Singapore<br />
G-V, G-IV/GIV-SP, G100, G150, G200,<br />
G280, G300/G400, G450, G500/G550<br />
●<br />
●<br />
Execu<strong>Jet</strong> Australia<br />
Sydney, Australia<br />
G-V, G-IV, G300/G350, G450, G550,<br />
G650<br />
●<br />
●<br />
Execu<strong>Jet</strong> Australia<br />
Melbourne,<br />
Australia<br />
G-V, G-IV, G300/G350, G450, G550,<br />
G650<br />
●<br />
●<br />
Execu<strong>Jet</strong> Australia Perth, Australia G-V, G-IV, G300/G350, G450, G550 ● ●<br />
Execu<strong>Jet</strong> Australia<br />
Wellington,<br />
Australia<br />
G550, G650 ● ●<br />
OEM Training Centres Worldwide<br />
Farnborough, Hants, UK<br />
Colombus, Ohio, USA<br />
Dallas, Texas, USA Wilmington, Delaware, USA<br />
Long Beach, California, USA<br />
Savannah, Georgia, USA<br />
Hong Kong<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 105
106<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
FIXED-BASE OPERATORS (FBO) – ASIA PACIFIC REGION<br />
IASS<br />
AVJET Asia<br />
Flightrans <strong>Jet</strong><br />
AA Corporation<br />
C-jet FBO<br />
Beijing<br />
Seoul<br />
Okayama<br />
Kobe<br />
Nagoya<br />
Shizuoka<br />
Narita<br />
Okayama Air Service<br />
Kobe Air Center<br />
Nakanihon Air Service<br />
Chubu Centrair <strong>Business</strong> Aviation Terminal<br />
Fuji Dream Aviation Engineering<br />
IASS<br />
Aero Asahi<br />
Premier Gate <strong>Business</strong> Aviation Terminal<br />
New<br />
Delhi<br />
Mumbai<br />
Shanghai Hawker Pacific <strong>Business</strong> Aviation Centre Shanghai<br />
Shaurya Aeronanutics<br />
Shenzhen <strong>Business</strong> Aviation Terminal Shenzhen<br />
Deer <strong>Jet</strong><br />
Changsha<br />
Macau <strong>Business</strong> Aviation Centre<br />
Macau<br />
Deer <strong>Jet</strong> FBO<br />
Haikou<br />
ASE Handling<br />
Pattaya<br />
Taipei<br />
M<strong>Jet</strong>s<br />
Royal Skyways Bangkok<br />
Hong Kong<br />
Celebi Airport Services<br />
Sanya<br />
Eva Sky <strong>Jet</strong> Centre<br />
Taiwan Taoyuan <strong>Business</strong> Aviation Centre<br />
Executive Aviation FBO<br />
Hong Kong <strong>Business</strong> Aviation Centre<br />
Deer <strong>Jet</strong><br />
SkyPark<br />
AeroHandlers<br />
Smooth Route<br />
Nusantara Aviation Services<br />
<strong>Jet</strong> Aviation<br />
Wings Over Asia<br />
Hawker Pacific Asia<br />
IndoAsia Ground Services<br />
Kuala Lumpur<br />
Singapore<br />
Jarkarta<br />
Bali<br />
Execu<strong>Jet</strong> Indonesia<br />
Execujet<br />
Sydney<br />
Hawker Pacific<br />
Platinum <strong>Business</strong> Aviation Center<br />
Gold Coast<br />
Airflite<br />
Hawker Pacific<br />
Perth<br />
Hawker Pacific<br />
Calms<br />
Brisbrane<br />
Contrails<br />
Hawker Pacific<br />
Brisbane <strong>Jet</strong> Base<br />
Archerfield <strong>Jet</strong> Base<br />
Execujet<br />
Avia<br />
<strong>Jet</strong>City<br />
Ausjet<br />
Blue Demon Aviation<br />
Melbourne<br />
Air Center One<br />
SkyCare International<br />
Auckland<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 107
108<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Financing Institutions<br />
Name Office Location Finance Lease Operating Lease<br />
CIT International ● ●<br />
BNP Paribas International ●<br />
UBS International ●<br />
Citi Bank International ●<br />
Bank of America International ● ●<br />
Credit Suisse International ●<br />
Goldman Sachs International ●<br />
Global <strong>Jet</strong> Capital International ● ●<br />
SMBC Aviation Capital International ● ●<br />
Wells Fargo Bank Northwest, N.A. International ●<br />
LaserLine Lease Finance Corporation International ●<br />
Minsheng Bank China ● ●<br />
ICBC China ●<br />
Bank of China (BOC Aviation) China ●<br />
Industrial Bank China ● ●<br />
China Development Bank China ●<br />
China Merchants Bank China ● ●<br />
Agriculture Bank of China China ● ●<br />
Changjiang Leasing China ● ●<br />
AVIC Leasing China ●<br />
Shanghai Guojin Leasing China ●<br />
Anbang Insurance China ●<br />
China Huarong Financial Leasing China ●<br />
CITIC Futong China ●<br />
China Trust Taiwan ●<br />
Chailease Finance Taiwan ● ●<br />
ITC-Leasing, Inc. Japan ● ●<br />
Sumitomo Mitsui Finance and Lease Co., Ltd Japan ●<br />
Capital Finance Australia ●<br />
MACQUARIE Australia ●<br />
Westpac Australia ●<br />
ANZ Australia ●<br />
Commonwealth Bank of Australia Australia ● ●<br />
National Australia Bank Australia ●<br />
Legal Firms<br />
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<br />
relating to the aircraft for the long run. Aircraft transactions are complicated and involve a sizable number of documents, including sales and<br />
purchase agreement, financing agreement, aircraft management agreement, and all specification, registration, and importation documents, just<br />
to name a few. Due to the unique nature of aircraft transactions, industry experts and specialists in both the legal and commercial aspects of<br />
transactions will be needed to scrutinise each transaction to ensure that seller or buyer’s legal interests are best protected and the best commercial<br />
terms are obtained.<br />
<strong>ASG</strong> iaises with top law firms when legal services are required, and thereby ensures a smooth transaction both legally and commercially.<br />
Law Firm Region Law Firm Region<br />
Herbert Smith Freehills Australia Shook Lin & Bok Indonesia<br />
Allens Australia Makarim & Taira S. Indonesia<br />
Minter Ellison Australia Bae, Kim & Lee Korea<br />
Allen & Overy LLP Australia Kim & Chang Korea<br />
King & Wood Mallesons Australia and China Lee & Ko Korea<br />
Run Ming Law Offices China Yulchon LLC Korea<br />
Jun He Law Offices China Yoon & Yang LLC Korea<br />
Clifford Chance Hong Kong Bell Gully New Zealand<br />
Clyde & Co Hong Kong Chapman Tripp New Zealand<br />
Bird & Bird Hong Kong Russell McVeagh New Zealand<br />
Holman Fenwick William Hong Kong Appleby Offshore<br />
Mayer Brown JSM Hong Kong Bedell Cristin Offshore<br />
Stephenson Harwood Hong Kong Carey Olsen Offshore<br />
William K K Ho & Co. Hong Kong Conyers Dill & Pearman Offshore<br />
Lee and Li Taiwan Harney Westwood & Riegels Offshore<br />
Tsar & Tsai Law Firm Taiwan Maples and Calder Offshore<br />
Bhasin & Co India Mourant Ozannes Offshore<br />
Wadia Ghandy & Co India Walkers Offshore<br />
Gagrats India SyCip Salazar Hernandez & Gatmaitan Philippines<br />
Mulla & Mulla & Craigie Blunt & Caroe India Hogan Lovells Singapore<br />
Anderson Mori & Tomotsune Japan Milbank Singapore<br />
Nagashima Ohno & Tsunematsu Japan Watson Farley & Williams Singapore and Hong Kong<br />
Nishimura & Asahi Japan Siam Premier Thailand<br />
Squire Sanders<br />
Japan<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 109
INTERIOR COMPLETION C<strong>EN</strong>TRES<br />
Elliott Aviation<br />
Gulfstream Completion Centre<br />
Standard Aero Associated Air Centre<br />
Flying Colours<br />
<strong>Jet</strong> Aviation<br />
Duncan Aviation<br />
Hillaero Modification Centre<br />
Asociated Air Center<br />
Embraer Completion Centre<br />
Cascade Aerospace<br />
Flying Colours<br />
Innotech Aviation<br />
Bombardier Aerospace<br />
Bombardier Aerospace<br />
USA<br />
Canada<br />
Comlux Completion<br />
PATS Aircraft Systems<br />
Greenpoint Technologies<br />
Cessna Completion Centre<br />
Aeria Luxury Interiors<br />
GDC Technics<br />
L-3 Platform Integration<br />
Aloft AeroArchitects<br />
Dassault Falcon <strong>Jet</strong><br />
Embraer Completion Centre<br />
Brazil<br />
New Zealand<br />
Altitude Aerospace Interiors<br />
110<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
Fokker Air Services<br />
Lufthansa Technik<br />
Russia<br />
Kvand Aircraft Interiors<br />
Netherlands<br />
Germany<br />
France<br />
Switzerland<br />
Italy<br />
Delta Interior Design<br />
SR Technics<br />
Amac Aerospace<br />
<strong>Jet</strong> Aviation<br />
HAECO<br />
China<br />
Airbus Corporate <strong>Jet</strong> Centre<br />
JCB Aero<br />
Sabena Technics<br />
Air France Industries<br />
Flying Colours<br />
ST Aerospace<br />
Singapore<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 111
OEM Completion Centres<br />
NAME<br />
Airbus Corporate <strong>Jet</strong> Centre<br />
Bombardier Aerospace<br />
Dassault Falcon <strong>Jet</strong><br />
Embraer Completion Centre<br />
Gulfstream Service Centres<br />
Cessna Completion Centre<br />
AIRCRAFT CAPABILITIES<br />
Airbus ACJs<br />
Bombardier<br />
Falcon<br />
Embraer<br />
Gulfstream<br />
Cessna<br />
Independent Completion Centres<br />
NAME<br />
AIRCRAFT CAPABILITIES<br />
Aeria Luxury Interiors<br />
Airbus ACJs, Boeing BBJs<br />
Altitude Aerospace Interiors<br />
Boeing BBJs<br />
AMAC Aerospace<br />
Boeing BBJs, Airbus ACJs<br />
Associated Air Center<br />
Boeing BBJs<br />
Air France Industries<br />
Boeing BBJs<br />
Aloft AeroArchitects<br />
Boeing BBJs<br />
Cascade Aerospace<br />
Boeing BBJs<br />
Comlux Completion<br />
Airbus ACJs, Boeing BBJs<br />
Delta Interior Design<br />
Airbus ACJs, Boeing BBJs<br />
Duncan Aviation<br />
Falcon, Gulfstream, Global, Challenger, Hawker, Learjet, Citation, Embraer, King Air, Astra, Westwind<br />
Elliott Aviation<br />
Hawker, Beechjet, Bombardier<br />
Fokker Aircraft Services B.V.<br />
Boeing BBJs<br />
Flying Colours Corporation<br />
Bombardier Learjet, Challenger and Global<br />
GDC Technics<br />
Boeing BBJs, Airbus ACJs<br />
Greenpoint Technologies<br />
Boeing BBJs<br />
Innotech Aviation<br />
Bombardier Challenger and Global<br />
HAECO Hong Kong<br />
Boeing BBJs<br />
HAECO Xiamen<br />
Airbus ACJs, Boeing BBJs<br />
Hillaero Modification Centre<br />
Learjet, King Air, Citation, Pilatus, Hawker, Beechjet, Diamond, Falcon, TBM, Meridian, Westwind<br />
JCB Aero<br />
Airbus ACJs, Boeing BBJs<br />
<strong>Jet</strong> Aviation<br />
Airbus ACJs, Boeing BBJs, Bombardier, Gulfstream, Falcon, Hawker<br />
L-3 VIP/HOS Platform Integration Airbus ACJs, Boeing BBJs, Gulfstream, Lockheed<br />
Lufthansa Technik<br />
Airbus ACJs, Boeing BBJs<br />
PATS Aircraft Systems<br />
Boeing BBJs, Embraer<br />
Sabena Technics<br />
Airbus, ATR, Boeing, Bombardier, Embraer, Fokker<br />
SR Technics<br />
Airbus ACJs, Boeing BBJs<br />
ST Aerospace<br />
Airbus ACJs, Boeing BBJs<br />
Standard Aero Associated Air Centre Airbus ACJs, Boeing BBJs<br />
112<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 113
Eric Gillespie,<br />
Vice President<br />
<strong>Business</strong> Development<br />
Flying Colours Corp. has built an international reputation since founder John<br />
Gillespie repainted his first King Air just over thirty years ago. It is now a global<br />
aviation company providing a service led by the core philosophies of technical<br />
innovation, business integrity and service flexibility. This has underpinned the<br />
work ethic at the family owned-and-run business. At its Peterborough, Ontario<br />
headquarters in Canada the company specializes in green completions, interior<br />
refurbishment, maintenance, component services, avionics installations and<br />
upgrades and, staying loyal to its roots, exterior paint work.<br />
In <strong>2015</strong>, the company launched Flying Colours Corp. Asia PTE when Bombardier<br />
Aerospace selected the company to provide full service interior refurbishment<br />
capabilities on Learjet, Challenger and Global business jets at Bombardier’s<br />
wholly owned Singapore Service Centre located at Seletar Airport in Singapore.<br />
“The local facility brings real benefits to aircraft owners and operators in the<br />
region who no longer have to experience lengthy downtimes whilst aircraft are<br />
sent to Europe or the USA for interior upgrades. With our local base we are<br />
fulfilling a strong market demand,’ says Eric Gillespie, VP <strong>Business</strong> Development.<br />
Since opening, the facility has worked on over 50 aircraft supporting a range of<br />
projects including refurbishing and refinishing woodwork and cabinetry, repairing<br />
and restoring upholstery, and upgrading interior furnishings. The aim is to<br />
employ a mainly local workforce with each employee benefiting from a specially<br />
developed three-month training program in Canada. Through additional on-<br />
114<br />
ASIA PACIFIC ASIA REGION PACIFIC BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
the-job training and specific aircraft project-led work, it is<br />
expected employees will then become proficient in all the<br />
interior skills currently provided by Flying Colours. “We<br />
are always looking for the right candidates and are keen<br />
to ensure their development. Right now the skills needed<br />
to deliver the quality expected for Bombardier aircraft are<br />
rare, which is why we wanted to recruit team members who<br />
really understood the challenges and could rise to them,”<br />
said Gillespie.<br />
Flying Colours has extensive experience in Asia. It has<br />
completed or refurbished for Asian clients over 30 aircraft<br />
of the certification paperwork, registration process, STCs<br />
and extensive modification knowledge complements our<br />
partnership and supports our ambitions to further develop<br />
our business in the region,” says Gillespie. The next three<br />
aircraft are currently in process and are expected to be<br />
finished by the autumn.<br />
The final five will be redelivered in a Flying Colours CRJ<br />
ExecLiner VIP format with a 15 seat configuration, a<br />
style mirroring a Bombardier Challenger 850. The CRJ<br />
ExecLiner is a format developed by Flying Colours that has<br />
already proved popular in the Asian region with a dozen<br />
in the last four years, including a number of special<br />
mission projects. In 2014 it confirmed its strong position<br />
in the Asian market when it announced a joint venture with<br />
China-based Sparkle Roll Technik Co., Ltd. (“SRT”), a total<br />
technical solution provider for business aviation based<br />
out of Beijing, China. The partnership launched with the<br />
ambition of converting eight B-registered CRJ-200 regional<br />
jets into VIP configurations.<br />
The first of the aircraft has just been completed with a<br />
mixed class shuttle format. Sparkle Roll and Flying Colours<br />
jointly created the striking cabin, incorporating black<br />
furnishings and rose gold accents. The cabin has been<br />
divided into three separate areas incorporating a 20-seat<br />
economy section, a central two double club layout, and a<br />
three seat divan alongside a double club business class<br />
seat in the front cabin. An aft lavatory and small forward<br />
galley complete the layout.<br />
The Chinese Civil Aviation Authority (CAAC) awarded a<br />
new STC for the format and certified the B registered<br />
aircraft. “As far as we know, this is the first time that a<br />
B-registered aircraft has been reconfigured outside of<br />
China and then returned on the same registry with all the<br />
approvals obtained outside of China. Our understanding<br />
of the aircraft type already delivered. The VIP jets will<br />
incorporate an advanced inflight entertainment system<br />
and the installation of a supplemental fuel auxiliary system<br />
engineered by Flying Colours Corp. specifically for CRJ<br />
conversions.<br />
During the conversions, a team of three SRT technicians<br />
have been, and will continue to be, present on site in<br />
Canada to learn the skills and techniques required to<br />
complete the cabin to the high standards expected by<br />
private jet passengers. ”We think it’s important to share<br />
our technical expertise with our partners in Asia. The<br />
region has huge potential and we are proud to continue to<br />
strengthen the human resource infrastructure.”<br />
Looking to the future, Flying Colours Corp. continues to<br />
bolster its team with new sales, engineering and technical<br />
representatives joining on a regular basis. “We have a<br />
unique position in the aviation environment and we intend<br />
to continue growing our Asian customer base whilst,<br />
of course, remaining focused on our existing loyal and<br />
valuable customers,” concludes Gillespie.<br />
ASIA PACIFIC REGION BUSINESS BUSINESS JET FLEET JET REPORT FLEET REPORT – YEAR <strong>EN</strong>D – YEAR <strong>2015</strong> <strong>EN</strong>D <strong>2015</strong> 115
ASIA PACIFIC CHARTER AVAILIABILITY<br />
India<br />
China<br />
Australia<br />
Thailand<br />
Hong Kong<br />
Singapore<br />
Indonesia<br />
Japan<br />
Taiwan<br />
Malaysia<br />
South Korea<br />
New<br />
Zealand<br />
Macau<br />
Philippines<br />
Total<br />
Corp.<br />
Airliner<br />
(28)<br />
Long<br />
Range<br />
(53)<br />
Large<br />
(72)<br />
Medium<br />
(59)<br />
Challenger 850 3 4 1 3 1 12<br />
BBJ 4 2 1 7<br />
ACJ319 1 1 1 3<br />
ACJ318 1 1 1 3<br />
B727-100 1 1<br />
RJ70 1 1<br />
Lineage 1000 1 1<br />
Gulfstream G550 1 11 2 2 1 17<br />
Global Express/XRS 3 2 5 1 1 1 13<br />
Global 6000 2 2 2 6<br />
Gulfstream G650 1 4 1 6<br />
Global 5000 1 1 2 1 1 6<br />
Gulfstream V 1 1 1 3<br />
Falcon 7X 1 1 2<br />
Legacy 600/650 6 3 1 1 6 1 18<br />
Challenger 604 4 2 8 14<br />
Gulfstream G450 7 1 1 1 1 11<br />
Gulfstream IV/SP 2 2 1 1 6<br />
Challenger 605 1 2 1 1 1 6<br />
Falcon 2000 4 1 5<br />
Challenger 600/601 3 1 4<br />
Falcon 2000LX/LXS 2 1 3<br />
Falcon 900DX/EX 1 1<br />
Falcon 2000EX/EASy 1 1<br />
Falcon 900LX 1 1<br />
Gulfstream G300 1 1<br />
Falcon 900/C 1 1<br />
Hawker 800A/B/XP/XPI 3 3 2 1 1 10<br />
Hawker 850XP 6 1 1 2 10<br />
Gulfstream G200 1 2 4 3 10<br />
Hawker 900XP 2 2 1 4 9<br />
Challenger 300 3 2 1 6<br />
Citation Sovereign 3 2 5<br />
Citation X/+ 2 2 4<br />
Gulfstream G100 1 1<br />
Gulfstream G150 1 1<br />
Hawker 750 1 1<br />
Gulfstream G280 1 1<br />
Hawker 1000B 1 1<br />
116<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
India<br />
China<br />
Australia<br />
Thailand<br />
Hong Kong<br />
Singapore<br />
Indonesia<br />
Japan<br />
Taiwan<br />
Malaysia<br />
South Korea<br />
New<br />
Zealand<br />
Macau<br />
Philippines<br />
Total<br />
Light<br />
(28)<br />
Very<br />
Light<br />
(10)<br />
Citation VI/VII 2 1 1 4<br />
Hawker 400/A/XP 1 2 1 4<br />
Citation CJ2 1 1 2<br />
Citation V 2 2<br />
Citation Bravo 2 2<br />
Citation Excel 2 2<br />
Citation III 2 2<br />
Learjet 45/XR 1 1<br />
Citation CJ2+ 1 1<br />
Sabreliner 65 1 1<br />
Citation CJ3 1 1<br />
Learjet 35/A 1 1<br />
Citation CJ4 1 1<br />
Nextant 400XT/XTi 1 1<br />
Citation Encore+ 1 1<br />
Citation XLS/XLS+ 1 1<br />
Citation Ultra 1 1<br />
Citation CJ1 1 1 2<br />
Citation Mustang 1 1<br />
Premier I 1 1<br />
Citation CJ1+ 1 1<br />
Learjet 24A/E/F 1 1<br />
Citation I 1 1<br />
Premier IA 1 1<br />
Citation I/SP 1 1<br />
Citation II/SP 1 1<br />
Total 56 49 42 19 19 17 15 12 7 6 3 2 2 1 250<br />
% of Total 22% 20% 17% 8% 8% 7% 6% 5% 3% 2% 1% 1% 1%<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 117
118<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
AIRCRAFT MODELS POSITIONING<br />
Aircraft Total Yearly Cost vs Maximum Range<br />
20<br />
19<br />
18<br />
17<br />
16<br />
15<br />
ACJ321<br />
ACJ320<br />
BBJ3<br />
BBJ2<br />
ACJ319<br />
14<br />
13<br />
12<br />
11<br />
10<br />
ACJ318<br />
Lineage 1000E<br />
Global 6000<br />
Global 5000<br />
BBJ<br />
G550<br />
G650ER<br />
G650<br />
9<br />
G500<br />
F8X<br />
Estimated Total Yearly Cost (Million USD/Year)<br />
8<br />
7<br />
6<br />
5<br />
4<br />
3<br />
2<br />
L45XR<br />
Phenom 300<br />
L40XR<br />
Cit. Excel<br />
Cit. Encore+<br />
Cit. CJ3<br />
Diamond 1A<br />
Cit. Bravo<br />
H400XP<br />
Beechjet 400A<br />
Premier IA<br />
CL890 CS<br />
CL870 CS<br />
Cit. X+<br />
Legacy 500<br />
CL300<br />
Cit. X<br />
Cit. Sovereign+<br />
Cit Latitude<br />
Legacy 450<br />
Cit. XLS+<br />
L75<br />
L70<br />
Cit. M2<br />
CL850<br />
CL350<br />
G150<br />
Cit. Sovereign<br />
Legacy 600<br />
G280<br />
Nextant 400XTi<br />
Cit. Ultra<br />
G350<br />
G300<br />
F2000<br />
G450<br />
Legacy 650<br />
F2000LXS<br />
F50EX<br />
G200<br />
H4000<br />
L60XR H900XP<br />
H850XP<br />
Cit. VII<br />
H800XP<br />
H800<br />
G100<br />
Cit. CJ4<br />
Cit. CJ3+ Cit. XLS<br />
Astra SP<br />
Cit. CJ2+<br />
Cit. Encore<br />
CL605<br />
F900LX<br />
F900EX EASy<br />
F900EX<br />
F2000S<br />
F2000LX<br />
G-IVSP<br />
F2000DX<br />
G-IV<br />
CL604<br />
F2000EX<br />
F7X<br />
Global Express XRS<br />
Global Express<br />
G-V<br />
Corp. Airliner<br />
Long Range<br />
Cit. CJ1<br />
Cit. CJ2<br />
Large<br />
Phenom 100E<br />
Medium<br />
Honda<strong>Jet</strong><br />
Light<br />
Cit. CJ1+<br />
Cit Mustang<br />
Very Light<br />
Eclipse 550<br />
1<br />
0 1000 2000 3000 4000 5000 6000 7000 8000<br />
Max. Range (N.M.)<br />
* Total Yearly Cost estimated includes Conklin & de Decker <strong>2015</strong> industrial figures for aircraft acquisition cost on 10<br />
years, plus yearly operating cost, plus adjustments to account for regional differences and financing costs.<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 119
REC<strong>EN</strong>T & UPCOMING AIRCRAFT MODELS<br />
By Maximum Range<br />
Maximum NBAA IFR Range (N.M.)<br />
9000<br />
8000<br />
7000<br />
6000<br />
5000<br />
4000<br />
3000<br />
2000<br />
1000<br />
Citation M2<br />
Citation X+<br />
Legacy 500<br />
Challenger 350<br />
Nextant 400XTi<br />
G650ER<br />
Recent<br />
Delivery<br />
Challenger 650<br />
Citation Latitude<br />
Hondajet<br />
Legacy 450<br />
Upcoming<br />
Sukhoi SBJ<br />
ACJ319neo<br />
BBJ MAX 8<br />
Falcon 8X<br />
BBJ MAX 9<br />
G500<br />
Falcon 5X<br />
Citation Longitude<br />
Learjet 85<br />
PC-24<br />
Cirrus Vision SF50<br />
Global 8000<br />
Global 7000<br />
G600<br />
ACJ320neo<br />
0<br />
2014<br />
<strong>2015</strong><br />
2016<br />
2017<br />
2018<br />
2019<br />
2020<br />
Expected First Delivery Year<br />
By Cabin Volume<br />
8192<br />
Recent<br />
Delivery<br />
Upcoming<br />
Sukhoi SBJ<br />
BBJ MAX 8<br />
BBJ MAX 9<br />
4096<br />
Global 7000<br />
2048<br />
G650ER<br />
ACJ319neo<br />
ACJ320neo<br />
Global 8000<br />
Cabin Volume (ft3)<br />
1024<br />
512<br />
Challenger 350<br />
Citation X+<br />
Challenger 650<br />
Legacy 500<br />
Legacy 450<br />
Citation Latitude<br />
Falcon 8X<br />
Falcon 5X<br />
G500<br />
Citation Longitude<br />
Learjet 85<br />
PC-24<br />
G600<br />
256<br />
Nextant 400XTi<br />
Hondajet<br />
Cirrus Vision<br />
SF50*<br />
Citation M2<br />
128<br />
2014<br />
<strong>2015</strong><br />
2016<br />
2017<br />
2018<br />
2019<br />
2020<br />
Expected First Delivery Year<br />
* Estimated Cabin Volume<br />
120<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong>
PRE-OWNED AIRCRAFT FOR SALE<br />
Pre-owned <strong>Business</strong> <strong>Jet</strong> Global Availability– % of <strong>Fleet</strong> for Sale<br />
15%<br />
14%<br />
13%<br />
12%<br />
11%<br />
Hawker<br />
Bombardier<br />
Gulfstream<br />
Embraer<br />
Dassault<br />
Cessna<br />
10%<br />
9%<br />
Boeing<br />
Airbus<br />
8%<br />
7%<br />
6%<br />
Jan-<strong>2015</strong> Feb-<strong>2015</strong> Mar-<strong>2015</strong> Apr-<strong>2015</strong> May-<strong>2015</strong> Jun-<strong>2015</strong> Jul-<strong>2015</strong> Aug-<strong>2015</strong> Sep-<strong>2015</strong> Oct-<strong>2015</strong> Nov-<strong>2015</strong> Dec-<strong>2015</strong><br />
Pre-owned <strong>Business</strong> <strong>Jet</strong> for Sale Global Availability– Average Days on Market<br />
600<br />
550<br />
500<br />
450<br />
400<br />
350<br />
300<br />
Hawker<br />
Bombardier<br />
Gulfstream<br />
Embraer<br />
Dassault<br />
Cessna<br />
Boeing<br />
Airbus<br />
250<br />
200<br />
Jan-<strong>2015</strong> Feb-<strong>2015</strong> Mar-<strong>2015</strong> Apr-<strong>2015</strong> May-<strong>2015</strong> Jun-<strong>2015</strong> Jul-<strong>2015</strong> Aug-<strong>2015</strong> Sep-<strong>2015</strong> Oct-<strong>2015</strong> Nov-<strong>2015</strong> Dec-<strong>2015</strong><br />
Source: <strong>Jet</strong>Net<br />
ASIA PACIFIC REGION BUSINESS JET FLEET REPORT – YEAR <strong>EN</strong>D <strong>2015</strong> 121
The information contained in this report is provided free of charge for reference only. While such information was compiled using the best<br />
available data as of December <strong>2015</strong>, <strong>ASG</strong> makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability,<br />
or suitability of such information. <strong>ASG</strong> is not responsible for, and expressly disclaims any and all liability for damages of any kind, either direct or<br />
indirect, arising out of use, reference to, or reliance on any information contained within this report.<br />
ASIAN SKY GROUP<br />
THANKS TO<br />
Suite 3905, Far East Finance Centre,<br />
16 Harcourt Road<br />
Admiralty, Hong Kong<br />
Telephone +852 2235 9222<br />
Facsimile +852 2528 2766<br />
www.asianskygroup.com