News Release

Asian Sky Group releases inaugural Asia-Pacific Business Jet Charter Report

Asian Sky Group (ASG), acclaimed for its year-end fleet reports, is pleased to announce the release of the inaugural Asia-Pacific Business Jet Charter Report.

The Asia-Pacific Business Jet Charter Report follows the success of ASG's highly-anticipated and industry-accepted Fleet Reports, which provide an annual comprehensive analysis of the business jet and civil helicopter fleets in the region.

This first of its kind report offers an in-depth look into the Asia-Pacific charter industry, focusing on the business jet charter market, the issues and challenges it faces, operational requirements and the regulatory environment. The report also provides the detailed fleet analysis and breakdown of the existing charter fleet one would expect from an ASG report.

Highlights of the report:

- There are 264 charter business jets in the Asia-Pacific region which represents 23% of the total regional fleet. However, only about half of these, by ASG's estimates, are dedicated exclusively to charter. The leading OEM is Bombardier (27%), with the most preferred aircraft category being the large cabin (30%).

- The single aircraft model used the most for charter in the Asia-Pacific region is the Legacy 600 and 650 (18 aircraft) followed by the Gulfstream G550 (15), Hawker 800 (12), Gulfstream G450 (11) and the Challenger 604 and 850 (with 10 each).

- The largest charter fleet is based in India (60), followed by China (57) and Australia (55).

- Considering the number of millionaires and billionaires as an indicator of potential charter demand, China is by far the most attractive charter market. Not surprisingly, the charter fleet in China is dominated by large cabin and long range aircraft (74%), with Gulfstream and Bombardier's aircraft being 39% and 33% of the fleet respectively.

- In India, mid-size and light category aircraft represent 50% of the charter fleet, with the preferred top three OEMs being Cessna (25%), Hawker (22%) and Bombardier (20%). Top models are the Falcon 2000, the Hawker 850XP and the Citation Excel.

- Australia's charter fleet is similar but with even more dominance by the mid-size and light categories representing 55% of the market. The most popular aircraft are from Cessna and Bombardier with 43% and 38% of the fleet respectively. Top models are the Bombardier Challenger 604 and various jets in Cessna's Citation line.

“We saw a strong demand for an all-encompassing, in-depth report on the Asia-Pacific charter market,” says Asian Sky Group managing director, Jeffrey Lowe. “The inaugural Asia-Pacific Business Jet Charter Report is a response to that need, providing analysis, industry insight, and vital information for either chartering in the region or evaluating the available business opportunities or challenges.”

This publication will be available digitally. For copies of all of ASG's reports, please visit www.asianskygroup.com/media-reports.