News Release

Phenix Jet expands footprint into southeast Asia with new Singapore branch

Phenix Jet, a group company of Sojitz Corporation and aircraft management and charter operator, has announced the opening of a Singapore branch in response to the growing demand for aircraft management and charter services in southeast Asia.

As the No.1 Asia-based charter fleet company, according to the 2022 Charter Report published by Asian Sky Group, Phenix Jet has built a strong track record in east Asia through its Hong Kong and Japanase locations. With the establishment of the new branch, Phenix Jet will start offering its one-of-a-kind Japanese-style service and hospitality to meet clients' demand within the fast-growing southeast Asian region, all the while adhering to the highest global aviation safety standards.

Against the backdrop of Singapore being the first country to lift its Covid restrictions in Asia, affluent clients around the world have started shifting their Asian wealth base to Singapore, which is helping drive Singapore to become the future business hub of Asia. The number of aircraft in Singapore and other southeast Asia countries has increased steadily, and the establishment of the Singapore branch will support the accelerating demand in southeast Asia from potential clients regarding their aircraft management and charter services businesses. The new branch will also allow Phenix Jet to increase its rapidly growing presence from east Asia to southeast Asia.

“Phenix Jet is delighted with the response from the industry and potential clientele concerning the expansion of our offering in this region. We are excited to continue the successful product implementation with our proven track record of success,” said Andrew Svoboda, CEO, Phenix Jet Cayman SEZC.

“Through the establishment of the Singapore branch, Phenix Jet will expand its geographical coverage to southeast Asia and meet a wide range of client needs. We will continue challenging ourselves to become one of the top operators in Asia,” said Yohei Sakurai, manager, business jet section, aerospace and transportation project division, Sojitz Corporation.