ASG Business Jet Fleet Report 2015 EN
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<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