ASG-ASIA-PACIFIC-Business-Jet-Fleet-Report-YE2014-EN

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Popular Aviation Registrations – Asia Pacific Characteristics Comparison Country of Registration Cost of Registering an Aircraft Time for Registration (Weeks) Effective Import Taxes Ease of Financing Sale Value Attractiveness Internationally New AC Type Delay (Months) Crew Licensing & Training International Operational Flexibility AUSTRIA Medium Short None Good Good Short Medium Medium BERMUDA Average Reasonable None Good Good Short Easy Reasonable CAYMAN ISLANDS Average Reasonable None Good Good Short Easy Reasonable CHINA Average Very Long Very High Mostly Local Medium Very Long Difficult Medium HONG KONG Expensive Very Long None Good Good Long Medium Medium INDONESIA Average Long High Restricted Low Reasonable Medium Low ISLE OF MAN Average Reasonable None Good Good Short Reasonable Reasonable JAPAN Expensive Long Medium Good Good Long Difficult Medium KOREA Medium Medium None Reasonable Good Reasonable Medium Medium MALTA Average Reasonable None Good Good Short Reasonable Medium MALAYSIA Average Reasonable High Mostly Local Good Medium Medium Medium PHILIPPINES Average Reasonable High Restricted Low Medium Difficult Reasonable TAIWAN Average Reasonable None Good Reasonable Long Medium Medium THAILAND Average Medium Medium Mostly Local Reasonable Reasonable Reasonable Reasonable USA Average Short None Good Good Short Easy Good Applicable tax rates & regulations may change without notice and vary depending on the structure of the transaction, the timing and place of entering into agreements. It is therefore advised to retain professional advice before entering into any transaction. 40 ASIA PACIFIC BUSINESS JET FLEET REPORT YEAR END 2014

FLEET AGE DISTRIBUTION – ASIA PACIFIC 744 Total 80 The vast majority (72.8%) of business jets in Asia Pacific were manufacturer in 2005 or later. Only Cessna, Boeing and Hawker have more than 30% of their fleet older than 10 years old in the region (35%, 35% and 63% respectively). The business jet fleet is very young in Greater China with 90% in Hong Kong and 80% in China being 10 years old or less. This then decreases with Korea (76%), Singapore (69%), Indonesia (61%), Thailand (57%), Japan (50%) and the Philippines (48%) illustrating the ages and business jet experiences of various markets. 70 60 50 40 30 20 10 0 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 ASIA PACIFIC BUSINESS JET FLEET REPORT YEAR END 2014 41

FLEET AGE DISTRIBUTION – <strong>ASIA</strong> <strong>PACIFIC</strong><br />

744 Total<br />

80<br />

The vast majority (72.8%) of business jets in Asia Pacific were manufacturer in 2005 or later. Only Cessna, Boeing and<br />

Hawker have more than 30% of their fleet older than 10 years old in the region (35%, 35% and 63% respectively). The<br />

business jet fleet is very young in Greater China with 90% in Hong Kong and 80% in China being 10 years old or less. This<br />

then decreases with Korea (76%), Singapore (69%), Indonesia (61%), Thailand (57%), Japan (50%) and the Philippines<br />

(48%) illustrating the ages and business jet experiences of various markets.<br />

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<strong>ASIA</strong> <strong>PACIFIC</strong> BUSINESS JET FLEET REPORT YEAR <strong>EN</strong>D 2014<br />

41

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