Luxury Chartering 2017

C HARTERING 

LUXURY 

LAUNCHING ISSUE | JANUARY 2017 

FEATURE STORY 

Harrods 

A LOOK INSIDE THE 

FAMOUS 

DEPARTMENT STORE 

AND THEIR 

AVIATION FACILITIES 

TOP GLOBAL 

CHARTER OPERATORS 

EXPRESS THEIR VIEWS ON 

CHARTERING IN THE 

ASIA-PACIFIC REGION

CONTENTS 

04 

PUBLISHER’S NOTE 

05 

EXECUTIVE SUMMARY 

06 

06 

12 

16 

FEATURE STORY 

ANYTHING IS POSSIBLE 

IN HARRODS 

INDUSTRY PLAYER 

ZETTA JET 

ARTICLE 

FACTORS IMPACTING 

ASIA-PACIFIC CHARTER 

18 

ARTICLE 

CHARTER DEMAND 

12 

19 

20 

INTERVIEW 

FLYING PRIVATE 


LUXAVIATION 

22 


EXECUJET 

II Luxury Chartering | Issue One 

22 

24 

TYPICAL FLIGHT ROUTES 

& DISTANCES FROM 

HONG KONG 

Luxury Chartering | Issue One 1

CONTENTS 

Beijing 

Seoul 

Shanghai 

20 

Shenzhen 

Bangkok 

Hong Kong 

Manila 

26 

CHARTER AIRCRAFT 

MODEL POSITIONING 

40 

Kuala Lumpur 

27 

COUNTRY PROFILES 

ABOUT ASIAN SKY GROUP 

36 


VISTAJET 

52 

54 


AERION AIR 

CHARTER FLEET 

SUMMARY 

ASIAN SKY GROUP (ASG), headquartered in Hong Kong with offices throughout Asia, has assembled the most experienced aviation 

team in the Asia-Pacific region to provide a wide range of independent services for both fixed and rotary-wing aircraft. ASG also 

provides access to a significant customer base around the world with the help of its exclusive partners. 

ASG is backed by SEACOR Holdings Inc., a publically listed US company (NYSE: “CKH”) with over US$1 billion in revenue and US$3 

billion in assets, and also by Avion Pacific Limited, a mainland China-based general aviation service provider with over 20 years of 

experience and 6 offices and bases throughout China. 

40 

43 

INVESTMENT GATEWAY 

COUNTRY GARDEN 


Aon AVIATION 

INSURANCE 

58 

63 

ASG CHARTER TRIPS 

INCLUDING VISIT TO 

WINE CHATEAU 

POPULAR MODELS 

FOR CHARTER 

ASG provides its clients with four main business aviation services: 

1. Sales & Acquisitions including Transactional Advisory; 

2. Market Research and Consulting including Special Projects; 

3. Operation Oversight including Completion Management, Audits, Invoice Review and Aircraft Appraisals, and; 

4. Luxury Charter Services. 

The acclaimed Asian Sky Fleet Reports are produced by ASG’s Market Research and Consulting group. ASG has a growing portfolio 

of business aviation reports designed to provide valued information so that the reader can make better informed business decisions. 

Included in the portfolio are Asian Sky Asia-Pacific Fleet Reports for both Civil Helicopters and Business Jets, the Africa Business Jet 

Fleet Report and the all new industry leading Asian Sky Quarterly magazine. 

67 

CHARTER 

DIRECTORY 

DISCLAIMER 

The information contained in this report is provided free of charge for reference only. While such information was compiled using 

the best available data as of September 2016, ASG makes no warranties, either expressed or implied, concerning the accuracy, 

completeness, reliability, or suitability of such information. ASG is not responsible for, and expressly disclaims any and all liability 

for damages of any kind, either direct or indirect, arising out of use, reference to, or reliance on any information contained within this 

report. 

36 

Should you wish to reproduce or distribute any portion of this report, in part or in full, you may do so by mentioning the source as: “Asian 

Sky Group, a Hong Kong based business aviation consulting group”. 

Thank you for your interest in this report. We hope you will find the information useful. If you would like to receive further information 

about our other aviation services and reports, please contact us at media@asianskygroup.com. 

CONTACT 

Suite 3905, Far East Finance Centre, 16 Harcourt Road, Admiralty, Hong Kong 

Telephone +852 2235 9222 | Facsimile +852 2528 2766 

media@asianskygroup.com | charter@asianskygroup.com 

2 Luxury Chartering | Issue One 

58 

www.asianskygroup.com 


PUBLISHER’S NOTE 

EXECUTIVE SUMMARY 

Charter is an essential piece of a well-functioning and growing business aviation market. 

Not only can it provide a low cost entry point for clients to experience private aviation 

for the first time, but it can also help defray costs for potential owners — making a first 

purchase possible — or even keep an owner in an aircraft longer. For existing aircraft 

owners, charter acts as a supplemental lift during times of need or when an aircraft of 

a different size and range is required. Charter also makes fractional programs possible, 

which wouldn’t be viable without supplemental lift. As a vital aspect of business aviation, 

charter impacts all facts of the industry, ultimately helping it develop and grow. 

The charter market in the Asia-Pacific region has yet to reach the size and scope necessary 

to provide benefits and stimulus. Like the business aviation market itself, in the region, 

charter is in its infancy and has yet to mature. 

In Asia, the market faces numerous other challenges – infrastructure, airspace, regulations 

and even finding enough aviation professionals to support it. 

For the inaugural issue of Asian Sky Group’s charter magazine – Luxury Chartering, as with 

ASG’s renowned Fleet Reports and Asian Sky Quarterly, we will touch on the above topics 

and summarize the size, nature, scope and future of the charter industry in the Asia-Pacific 

region. Even further than the data, readers will enjoy insight from some of the top global 

charter operators, discussing expansion within the region, perks of chartering and tailormade 

travel experiences to better understand the lifestyle that comes with this sort of 

travel. 

As ASG’s first charter magazine, we hope the data provided is enlightening and the insight 

provided offers a better perspective into the industry. 

As always, thank you to our readers and supporters. 

There are 287 charter business jets in the Asia-Pacific region which represents 25% 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 (31%), 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 & 650 (18 aircraft) followed by the Gulfstream G550 (15), Global 6000 (14), Hawker 

800 (12) and Gulfstream G450 (12). 

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

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 53% of the market. The most popular aircraft are from Cessna and 

Bombardier with 42% and 39% of the fleet respectively. Top models are the Bombardier 

Challenger 604 and various jets in Cessna’s Citation line. 

SPECIAL THANKS TO OUR CONTRIBUTORS: 

Sincerely, 

Jeffrey C. Lowe 

Managing Director, Asian Sky Group 



COVER STORY 

Anything 

IS POSSIBLE 

INTERVIEW WITH MICHAEL WARD, HARRODS MANAGING DIRECTOR & 

WILL HOLROYD, HARRODS AVIATION DIRECTOR OF SALES & MARKETING 

WRITTEN BY LITALIA YOAKUM 

I 

conically British and 

enchanting customers 

worldwide, the Harrods’ brand 

has enjoyed over one hundred 

years of service. As one of 

the world’s largest and most famous 

department stores, Harrods delivers an 

unmatched selection of international 

brands, often in its signature green bag. 

Covering 90,000-square-meters of retail 

space, the London store has something for 

everyone with over 300 departments selling 

a wide range of products from everyday 

items to one of a kind keepsakes. In recent 

years, Harrods has become more than just 

a department store but a lifestyle brand 

catering to every aspect of life. 

Customers can now find internationally 

acclaimed chefs at one of the many 

restaurants and cafes. Wine bars, a 

cigar and champagne room are available 

for the connoisseur looking to take a 

break from shopping. Vacations can be 

planned through the luxury travel agency 

Abercrombie & Kent. A luxury spa and salon 

treatment can be arranged from some of 

the world’s finest beauty houses, including 

Crème de la Mer, La Prairie and Sisley. 

Guests can even commission a piece of 

jewelry, using elements of an existing piece 

to create a tailored look. 

While the Harrods brand has relished in 

its status as one of the most luxurious 

stores around, the brand has taken these 

standards and expanded to include Harrods 

Bank, Harrods Estates and Harrods 

Aviation, all of which complement the 

famed London department store serving 

with the same values Harrods has long 

lived by. 

Working out of the London Stansted Airport 

and London Luton Airport, Harrods Aviation 

is a full service fixed-base operator (FBO) 

providing the private jet market with aircraft 

handling, maintenance and a full luxury 

passenger experience. 

Harrods has become more than just a 

department store but a lifestyle 

brand catering to every aspect of life. 



COVER STORY 

COVER STORY 

engineering. A Honeywell accredited Engine 

Shop is also available at the Farnborough 

Airport, all of which cater to the global 

elite that have long treasured the original 

Harrods brand. 

“Just like our namesake store, we endeavor 

to meet the individual needs of each 

customer visiting our FBO locations,” 

explains Holroyd. “We do not have a ‘cookie 

cutter’ approach often utilized by the larger 

FBO chains. Our service is individual, 

bespoke and personal.” 

Only 30 miles away from 

London, the Luton FBO is 

a quick route into central 

London, accommodating 

arrivals and departures 

24 hours a day. Clients 

can take advantage of 

full aircraft servicing and 

maintenance, as well as 

fuel services. Just as 

convenient and easily 

will know you have arrived with Harrods,” 

continues Holroyd. “After a discreet and 

swift passport and visa check, from the 

seat of your jet or occasionally in one of 

our beautifully appointed airport lounges, 

you can either meet your own driver at the 

steps of your aircraft or be quickly swept 

to the center of London on-board our 

luxuriously appointed Sikorsky helicopter.” 

“At Harrods our philosophy is ‘Anything 

is Possible’ and we look to constantly 

inspire our customers with the best of the 

best.” With this in mind, the flagship store 

has ventured to “offer bespoke products, 

services and experiences to support every 

element of each loyal customers’ lifestyle.” 

One of those many services is likely to 

come from Air Harrods, part of Harrods 

Aviation. Fulfilling even the most 

specialized requests, Air Harrods can whisk 

guests away from the airport to the London 

store. Once there, guests will be pampered 

in true Harrods fashion. 

“From the moment our customers walk 

through our doors, welcomed by our 

Harrods Green Man, they are set to have 

an outstanding luxury experience,” explains 

Harrods Managing Director, Michael Ward. 

“It is important to us that our customers 

feel truly special from the moment they 

walk through the door. Whether it is finding 

the perfect pair of shoes in Harrods Shoe 

Heaven, a bespoke fragrance from Harrods 

Salon de Parfums or a customized Richard 

Mille watch of which there are only three 

in the world, there is something to leave 

everyone feeling unique.” 

“As an ambassador to the iconic London 

brand, Harrods Aviation works very closely 

with the Knightsbridge [London] store to 

champion the values the brand stands for,” 

says Harrods Aviation Director of Sales & 

Marketing, Will Holroyd. 

Each base has access to fully equipped 

hangars for aircraft maintenance and 

accessible is Stansted, 35 miles from 

London. Situated in the airport’s business 

center, away from the congestion of the 

main terminal, the Stansted FBO offers fast 

and discreet arrivals and departures, as 

well as comprehensive aviation facilities 

including fuel service. 

“From the moment you arrive at either 

our London Stansted or Luton facility you 

“Harrods Personal Shopping offers another 

level of personalization for our clients with 

a truly bespoke service,” says Ward. “Our 

personal shoppers will meet with clients 

to understand their lifestyle and then 

provide the support required whether it 

is finding the perfect outfit for a special 

event, wardrobe management or planning 

a children’s birthday party through our 

beyond lifestyle service.” 



The ‘By Appointment’ shopping experience 

consists of one of the largest personal 

shopping teams in the world, determined 

to help each client find their own personal 

style. With unlimited access to all eight 

floors, the team will impress even the most 

discerning clientele, leaving each guest 

looked upon with envy. 

The store also has a number of notable 

collaborations. Among these is the 

Victoria & Albert Museum Summer Party, 

a “must attend party of the season”, which 

brings together distinguished names and 

celebrities in the arts world. Harrods has 

also launched a Christie’s valuation in-store 

service, to manage and appraise collections 

and estates from generation to generation. 

“We celebrate our British heritage while 

constantly innovating, so there is always 

something new in-store for our customers 

to see,” says Ward. “There is always a 

reason to come back.” 

Both Harrods department store and 

Harrods Aviation understand the growing 

Asia Pacific as a key market to tap into. 

“We have already made many visits to the 

region,” continues Holroyd. “The service we 

offer is bespoke and tailored to the needs 

of each individual customer. To ensure 

we understand the needs of our clients 

we like to take the time to visit the home 

country of the customer, to ensure we 

fully understand cultural requirements.” 

Harrods Aviation will continue to solidify 

their commitment to the growing market 

with a showing at this year’s Asian 

Business Aviation Conference & Exhibition 

(ABACE) show in April. This will be Harrods 

first appearance at the exhibition, held in 

Shanghai. 

Always looking to surpass customer 

expectations from all over the world, the 

brand will continue to deliver only the best 

staying true to its philosophy that Anything 

is Possible. 

www.harrods.com 

www.harrodsaviation.com 



GEOFFERY CASSIDY | ZETTA JET 

Personal 

PRIVATE FLIGHT 

INTERVIEW WITH GEOFFERY CASSIDY, MANAGING DIRECTOR, ZETTA JET 


T 

he world’s first truly personalized private 

airline, Zetta Jet promises to deliver the 

ultimate in bespoke luxury experiences 

that combines a dedicated Asian service 

philosophy with the flexibility and ‘can-do’ 

spirit of the U.S., adorned with the glamour of Europe’s 

enduring chic style on its Bombardier fleet. 

Headquartered in Singapore, Zetta Jet is a FAA-certified air 

carrier and the first only part 135 operator authorized to 

conduct polar flights, enabling Zetta Jet to optimize routes 

without limitation. With strong operational capabilities and 

established offices both in Los Angeles and Singapore, 

Zetta Jet also leverages an established network of sales 

From left to right: James Seagrim, Geoffery Cassidy and Matthew Walter 

and support offices in New York, London, San José, 

Shanghai and Singapore. 

The private airline offers an extensive list of services for 

any type of flier. For those who fly occasionally, the ultimate 

convenience and flexibility is available through on demand 

charter offering a pay-as-you-go structure, on demand 

access to preferred aircraft and a dedicated round-theclock 

concierge service. Frequent fliers may benefit from 

a personalized block hour program, offering guaranteed 

availability within 48 hours of booking, fixed hourly rates, no 

capital investment or monthly management fees, along with 

the world-class concierge service. 

Making success in all parts of the world 

possible is the company’s floating 

fleet. “With Zetta Jet, customers can fly 

anywhere in the world, anytime of the day 

on the finest and youngest ultra-long-range 

all-new Bombardier fleet,” says Zetta Jet 

Managing Director, Geoffery Cassidy. 

The fleet consists of 16 Bombardier 

aircraft consisting of the Global 6000, 

Global 5000, Global XRS, Global Express 

and Challenger 650, all of which have 

guaranteed 24/7 coverage with a global 

reach. “Our fleet of aircraft are capable of 

flying the longest routes, have the most 

advanced navigational instruments, and a 

host of features and amenities to deliver 

the ultimate private jet experience,” explains Cassidy. 

Each aircraft is decked out with a mix of cabin 

configurations and varying interiors, personalized to meet 

each client’s desires. “Whether it’s a charter flight for a 

single passenger or a large group, Zetta Jet aims to deliver 

a revolutionary private flight experience by creating unique 

guest experiences and offering only the absolute best in 

service and amenities that the world has to offer.” 

A tailored experience can include everything from sourcing 

a rare, vintage wine paired with Michelin Star cuisine to 

creating a relaxed sleeping atmosphere, complete with 

double divans. Guests also have access to the fastest 

in-flight Ku-Band and KA-Band Wi-Fi, a whisper quiet cabin, 

high-end amenities and high-tech facilities from a large LCD 

screens to iPads loaded with the latest movies and hits. 

Catering to a diverse clientele is seemingly difficult, yet 

Zetta Jet manages to make it work, effortlessly. “With cabin 

crew representing some 20 nationalities, Zetta Jet pairs 

passengers with an attendant who is intimately familiar 

with their culture and language, as well as their preferences 

in all facets of services.” 

While the company succeeds in creating a global footprint, 

the ever-growing and sometimes hard to tackle, Asia 

market is a major focus. 

“Asia is one of the most challenging regions to operate 

in due to a number of factors, such as airports, facilities, 

permits, slots and the size of the region,” says Cassidy. 

“However, Zetta Jet not only has strong operational 

capabilities and expertise in the U.S. market but also in 

Asia, where we aim to be the strongest player offering 

bespoke charter operations.” 

Although chartering an aircraft throughout this region 

may often require significant time and effort, Zetta Jet has 

managed to significantly decrease the burden through a 

number of partnerships. 

“In November 2016, Zetta Jet announced its agreement 

with Jet Aviation to ensure seamless maintenance and 

handling services for our fleet throughout the global MRO 

and FBO network.” Jet Aviation’s business service model 

provides maintenance services to large-cabin aircraft from 

four MRO hubs located in Basel, Dubai, Singapore and St. 

Louis, along with complementary bases worldwide. 

Further enhancing Zetta Jet’s position as a leading private 

jet operator in Asia is its recent merger and acquisition of 

Advanced Air Management (Zetta Jet USA Inc) and Asia 

Aviation Company (Zetta Jet Pte Ltd). The acquisition 

will further advance the company’s promise to deliver 

the ultimate in bespoke luxury experiences and extend 

Whether it’s a charter flight for a single 

passenger or a large group, Zetta Jet aims to 

deliver a revolutionary 

private flight experience 

by creating unique guest experiences and 

offering only the absolute best in service and 

amenities that the world has to offer. 

its core business of private aircraft charter with aircraft 

management solutions for its global customers under the 

core brand of Zetta Jet. 

Operations will expand as its fleet grows. “The company 

is in discussions with Bombardier about acquiring Global 

7000s, which will feature spacious four-zone cabins and 

a 7,400-nautical-mile range, allowing nonstop flights 

between London and Singapore, Washington, D.C. and 

Beijing, and New York and Dubai.” 

Until then, Zetta Jet will maintain its commitment 

to “putting the luxury back into private travel and 

personalizing private flight again.” 

www.zettajet.com 



22+78+G 

China 

57 

20% 

1+99+G 

4+96+G 

3 

South Korea 

1% 

11 

Japan 

4% 

23+77+G 

India 

60 

21% 

7+93+G 

18 

Macau 

1% 

1+99+G 5+95+G 

Thailand 

6% 

2+98+G 

4+96+G 

8 

Malaysia 

3% 

30 

2 

Singapore 

10% 

Hong Kong 

5% 

13 

2+98+GTaiwan 

5 

2% 

2+98+G 

Philippines 

4 

1% 

LEGEND: 

100+G 

30+70+G 

% 

Total Charter Fleet = 287 Aircraft 

Number of Charter Aircraft 

Percentage of Total Charter Fleet 

in the Asia-Pacific Region 

6+94+G 

16 

Indonesia 

6% 

ASIA-PACIFIC 

BUSINESS JET 

CHARTER FLEET 

21+79+G 

Australia 

57 

20% 

Total No. of Business Jets in the Asia-Pacific Region : 

Charter Fleet : 

1,172 

287 

25% 

1+99+G 

New Zealand 

3 

1% 



Factors Impacting 

BUSINESS JET CHARTER IN 

THE ASIA-PACIFIC REGION 

W 

ith expanding trade and developing 

markets, the Asia-Pacific region has seen 

an increasing demand for business travel 

including demand for efficient business 

jet charter. As a relatively new market, business jet owners 

in the region are now increasingly aiming to mitigate the 

running costs of operating their aircraft and thus are 

considering the benefits of chartering. An emergence of 

mobile apps, media, and websites has made business 

jet charter easier and more accessible than ever. As the 

demand and availability of jet charter increases, a number 

of challenging factors have begun to influence the market. 

Aircraft Utilization & Operation 

Structure 

A typical optimized charter utilization for a business 

aircraft is 40 to 50 hours per month. Meeting these target 

hours can help rationalize the large investment put into 

such business jet. In order to keep an aircraft flying at the 

targeted utilization hours, an operator requires a supportive 

operation team including maintenance program providers. 

Maintenance planning and support are an important part 

of operating a business jet. While this might be easier for 

larger operators, small operators often face a significant 

investment for handling complex charter activities in 

addition to owner flight requirements. 

There is increasingly more proactive work required 

to mitigate issues that will affect charter trips. The 

refined operational support can often require in-house 

regional expertise as well as global third party support to 

supplement the operator’s own team when conducting 

global operations. 

Time 

As with many industries, jet charter demand fluctuates 

according to the season. Historically within this region, 

the time around Chinese New Year and Western holidays 

including Christmas, New Years and Easter are busy. 

Periods around the World Economic Forums, G8, G20, and 

regional ASEAN meetings also create a higher demand 

for charter, as well as major sporting events including the 

Super Bowl, World Cup and Olympics. Summer months 


are usually relatively slow, as the need for charter shifts to 

Europe and the US. 

The time surrounding a natural disaster will also increase 

demand in the cargo charter industry, along with wide body 

passenger aircraft, and helicopters. Tsunamis in Southeast 

Asia and the recent earthquake in Nepal demonstrated that 

the first few days of a disaster are crucial, requiring initial 

search and rescue and moving experts and equipment 

into disaster areas. These disasters also showed the need 

for a coordinated effort by Asian governments to engage 

the private sector for such eventualities as part of an 

emergency response plan (ERP). 

Restrictions 

Infrastructure status, airspace limitations, and regulations 

throughout Asia are often the paramount challenges when 

operating a charter throughout the region. These can also 

make aircraft utilization targets difficult to attain. Landing 

and takeoff slots in major Asian cities are becoming 

increasingly more regulated, requiring operators to be 

aware of all conditions and requirements far in advance. 

For example, foreign-registered aircraft in China are not 

easily allowed to operate to regional airports and are 

confined to those under 2,438 m (8,000 ft) in altitude. 

In Taiwan, the same passengers must be onboard on 

all segments of the trip. In Indonesia, all local flights on 

a foreign-registered non-scheduled aircraft (private or 

charter) are completely prohibited, bringing to new heights 

the operational limitations linked to ‘cabotage’ principles. 

Known for their free-market, efficient-regulation and respect 

of liberties, the cities of Hong Kong, Macau and Singapore are 

the most charter-friendly locations in the Asia-Pacific region. 

Although a chronic shortage of parking space and takeoff 

slots cause difficulties to operators in Hong Kong, being a 

central location in Asia Pacific, it is still the most convenient, 

efficient and preferred destination for charter clients. 

While governments in this region come to understand 

the efficiency and productivity that stems from business 

aviation, the industry can hope for more relaxed restrictions 

and more flexible business travel in the future. 

Charter Users 

There are a number of typical business jet charter clients 

throughout the region, with casino operators being arguably 

the largest. Such companies have historically acquired 

their own aircraft to maximize their chances of attracting 

highly-roller clientele. The rationalization of costs in the 

casino segment has arguably played a large role in the 

recent resurgence of block charter demand (buying blocks 

of hours at a time) in 

and out of Singapore, 

as well as Macau. 

The Philippines 

is also beginning 

to see a need for 

supplemental block 

charter. 

Fortune 500 and 

multinational 

companies are 

also increasingly 

becoming regular users of business jet charter services, 

being typical from the entertainment or real estate 

industries, government agencies and commodity 

firms, among others. As the demand from Fortune 500 

companies in this region is strengthening, such companies 

commonly want to ensure operators have all the necessary 

international-level qualifications. This would include 

international charter certifications: IBAC’s IS-BAO stage I, 

II, or III, Wyvern Wingman, ARGUS Gold or Platinum, or the 

Flight Safety Foundation’s (FSF) BARS audit. Business jet 

operators will not have all certifications, but most will have 

two or three to reassure clients about their efficient and 

safe flight operations. 

Charter Products 

As the demand for business jet charter increases throughout 

the Asia-Pacific region, the services continues to evolve, 

creating numerous options for users. The most popular 

option for chartering a jet is on-demand, which allows use 

when needed with no commitment and a pay-as-you-go 

structure. To secure preferred rates and availability, block 

hour programs are becoming increasingly popular, offering 

a guaranteed discounted rates and priority treatment – or 

blocks – to be used within a period of time. A number of 

companies are also offering charter card programs, which 

requires an initial fee but provides a guaranteed hourly rate. 

The card program also works on an on-demand basis. As 

many programs vary in their advantages and conditions, 

it is best to research which solution is best suited to one’s 

requirements. A description of most prevalent Asia-Pacific 

membership programs and mobile applications active is 

presented further in this report. 

Aviation Professionals 

While demand for business aviation services rises, there 

is a growing concern regarding the shortage of aviation 

professionals in the region. According to the International 

Civil Aviation Organization (ICAO), “the Asia-Pacific region 

will need 216,000 new pilots in the next 20 years, more than 

in any other part of the world, accounting for 40 percent of 

the global demand.” The shortage of aviation professionals 

also applies to the business aviation industry, and does not 

stop with pilots. 

Mechanics and engineers, who tend to flock toward the 

train and automobile industry, ask for higher salaries 

in order to join the business aviation industry. The 

difficulty of employing these types of professionals also 

creates a burden for companies employing them. The 

initial investment required to train certified flight crews, 

mechanics, and dispatchers is not only high, but also 

does not guarantee that such resources will gather 

the necessary standards and experience to provide a 

sustainable base to the local industry. 

Business Aviation Industry 

Although challenges within the charter industry will 

ARTICLE 

continue to arise, Asia – with its large population and 

wealth – is in a good position to quickly tackle flexibility 

issues to empower efficient business travel throughout 

this rapid-growth region. Organizations including ASEAN 

and APEC working with the International Civil Aviation 

Organization (ICAO), the International Business Aviation 

Council (IBAC) and the Asian Business Aviation Association 

(AsBAA) continuously raise the importance of improving 

transportation regulations in an effort to implement 

efficient solutions. 


Flying 

PRIVATE 

Charter 

I 

t is thought by many in the private air travel 

industry that the global increase in the population 

of high-net-worth individuals (HNW) and ultrahigh-net-worth 

individuals (UHNW) is generating 

a corresponding new appetite for on-demand private jet 

charter – that there is a direct correlation between HNW 

and UHNW growth and charter demand. 

Over the past five years, the Asia-Pacific region has 

produced a growing amount of HNW, each with a worth 

more than 30 million USD in assets. There are currently 

50,000 individuals who enjoy this title in the Asia-Pacific 

region, with more than 4,000 having joined the ‘30 Million 

Club’ within the past five years, representing, an annual 

average growth of 8%. 

For UHNW, by 2015 there were a total 665 individuals in the 

Asia-Pacific region worth each over 1 billion USD in assets. 

Since 2013, this number has increased by 131, representing 

an average annual growth of almost 20%. 

So despite the effects of the global economic downturn, 

HNW and UHNW in the Asia-Pacific region seem to be 

growing and, at home and for both the US and European 

markets, they maybe the backbone of aircraft charter 

demand. 

Specifically evaluating the Asia-Pacific region, although 

significant operational challenges and regulation 

restrictions for charter still exist, all signs that chartering a 

jet is becoming increasingly common for HNW and UHNW. 

According to Asian Sky Quarterly’s market survey, more 

than half of the respondents would ‘charter an aircraft’, 

and 54% of the respondents who already own a business 

jet indicated they would still charter a jet. This means that 

DEMAND 

HNW/UHNW in Asia Pacific are embracing private air travel 

and will be relying on charter more and more. 

In the individual country profile section in this report, 

historical data for the total number of HNW and UHNW is 

presented thus providing a guideline for the growth and 

potential market size of charter demand in each country. 

ASIA-PACIFIC REGION HNW 

(30+M USD) POPULATION 

Asia-Pacific HNW Population 

HNW Population Annual Growth Rate 

Linear (Asia-Pacific HNW Population) 

46,115 45,820 

47,480 

2011 

-0.6% 

+3.6% +4.8% 

49,745 

-3.1% 

48,216 

+3.8% 

50,048 

2012 2013 2014 2015 2016 

Counted countries include Mainland China, Hong 

Kong, Taiwan, Japan, India, South Korea, Singapore, 

Indonesia, Malaysia, Thailand, Philippines, Vietnam, 

Australia and New Zealand, etc. 

Data Source: WealthX and Knight Frank 2016 Wealth Report 

AGrowing number of top executives, 

corporations, and celebrities are flying on 

private jets. Convenience, mobility, and 

efficiency of time and productivity add to the 

list of reasons why flying private is beneficial. Asian Sky 

Group sat down with the CFO of one of our most active 

clients of business jet charter to discuss the major role 

chartering plays in its frequent business trips across the 

globe. 

How were you introduced to private 

aviation and business jet charter? 

Over the past few years, our company came to realize 

the usefulness of using a private jet. We had a number of 

friends within our industry speaking highly of the service. 

We now see it as a useful service that we can enjoy all 

over the world, particularly in China and Southeast Asia 

(Malaysia and Thailand) but occasionally on journeys to 

Japan, the US, and Europe. 

What are the main reasons your 

organization uses a private jet charter 

service? 

Flying private allows the company to reach destinations 

that are often unreachable via commercial airliners. Some 

of our projects are filmed in remote locations, so we 

really have no choice but to find an alternative to flying 

commercial – which would be unable to get us there. 

Timing and scheduling is easier and smoother when flying 

private too. We save a lot of time getting on and off the 

aircraft. We don’t have to wait through lines for baggage 

and security. We get to our destination much quicker, 

which gives us more time to focus on projects. The 

booking process is also faster. I can book a flight for 6 to 

12 people on short notice, all on the same flight. This may 

not always be the case flying commercial. Overall, flying 

private is convenient and efficient for the company. 

*The company name is hidden per client's request. 

INTERVIEW WITH CFO OF ENTERTAINMENT INDUSTRY** 


What are the differences between flying 

commercial and flying private? 

Time is one of the main differences. We save a lot of time 

going to and from our destination. Service on board is also 

more personal. Whatever we need, it will always be taken 

care of and tailored to our liking. Great service is provided 

for everything from the food onboard to the handling of 

luggage to the visas. There’s very little we have to think 

about as far as the flight process. 

Another important aspect is also the privacy flying 

private offers. If we need to handle any sort of business 

onboard, we can be certain that this business will remain 

confidential. This is also another reason that flying private 

is efficient. We can still work, if needed, without disruptions. 

How do you justify using a private jet for 

business purposes? 

Business aviation is a valuable tool for business. It helps 

us travel more efficiently. Although some may believe it 

is too expensive, we feel it is great value for the money 

we are paying. We save on overall convenience and 

efficiency. There is no time wasted and this is important 

for a company that needs to get things done and not worry 

about small details. This really helps us to run our projects 

smoother. 

What is the next step in the development 

of your private aviation usage? 

At the moment our traveling is not enough us to justify 

purchasing an aircraft. However, as our company continues 

to grow and as we do more and more projects across the 

globe, it is safe to say we will continue to use private jet 

charter services. For us, the on-demand service works well. 

We can book when we want to go where we want. Card 

programs are something we are also willing to consider in 

the future. 



CHRISTOPHE & TOM | LUXAVIATION 

Global 

CHARTER SERVICES 

I 

n 2008, a company in Luxembourg started an 

aircraft management and charter sales company 

with just one Cessna Citation XLS. Since that 

time, the company has acquired a handful of 

aviation companies, launched its operations in Asia, grown 

its operating fleet to more than 260 aircraft and rebranded 

itself and its entities to become one of the largest business 

aviation companies — Luxaviation Group. 

Tell us about Luxaviation’s global charter 

service. 

Luxaviation operates an outstanding global charter service 

which allows our clients to travel for business or leisure, 

wherever and whenever they want. We understand that 

time is precious; when travelling we all want to arrive at our 

intended destination as soon as possible. This is one of the 

key benefits of our charter service, as we are dedicated to 

flying our clients from A to B as efficiently and smoothly as 

possible. Combine this with exceptional customer service 

and a layer of luxury and you get one of the most revered 

experiences in the industry. 

What does the Luxaviation fleet consist of ? 

Our fleet management service is expertly engineered 

to save our clients time, money and inconvenience. We 

currently operate more than 260 aircraft across the 

Group, spanning locations all around the world. From the 

150 aircraft available for charter, our fleet contains large 

business liners like the Airbus A320, all the way down 

to small turbo-props such as the King Air 200. We are 


INTERVIEW WITH 

CHRISTOPHE LAPIERRE, 

LUXAVIATION GROUP’S 

CHIEF COMMERCIAL OFFICER & 

TOM KUNSCH, 

MANAGING DIRECTOR LUXAVIATION ASIA 


delighted to announce the incorporation of helicopters 

into the Group, through the creation of a separate entity, 

Luxaviation Helicopters. This gives clients a greater 

number of options and flying in a helicopter is an entirely 

different experience to a business jet. 

Luxaviation started operations in Asia in 

2014. What is the plan for Luxaviation in 

this region? 

We began operating charter services out of Singapore in 

2014, where we catered to the whole of Southeast Asia. 

We expanded our footprint in the region in 2015 after the 

acquisition of ExecuJet, which gave us a greater presence 

in Singapore, Bali, Kuala Lumpur and Australia. More 

recently, we are excited to announce the Charter Broker 

Desk operating from regional offices around the world, 

including Hong Kong. This service went live in January and 

allows us to build on and improve the already outstanding 

service that we offer our customers. Besides a dedicated 

brokerage team, we can offer full aircraft management, 

flight solutions and support. 

What will Luxaviation do to face the 

strong competition throughout the region? 

We operate more than 260 aircraft according to the most 

stringent safety standards, so customers can be assured 

that they are receiving the best service available to them; 

this is universal across the entire Group. In Asia, we have 

also set up several partnerships and are working hard to 

establish a stronger connection with the Chinese market. 

We are entirely committed to offering the full solution 

for our clients’ needs, which is why we have launched 

Luxaviation Helicopters, providing a more complete 

package for existing and potential customers. We are 

entirely committed to providing all the benefits of a large 

group, whilst ensuring a tailored, boutique oriented and 

local service. 

How will Luxaviation meet the 

increasing demands of sophisticated 

charterers? 

Given the universal standards of excellence that we apply 

across all aspects of the Group, it is an expectation that 

everyone will do their utmost to satisfy the needs and 

demands of our clients. This dedication to customer 

service stems from all levels of the business, from 

dispatchers to crew members, particularly flight attendants 

as they have the most direct contact with the client; but, 

moreover, it is our prerogative to anticipate and fulfil the 

client’s needs without them having to ask, giving them 

the complete business aviation experience. Furthermore, 

we only work with trusted partners in order to ensure that 

these expectations are met at all times. 

How do you plan to better serve the 

constantly connected customer base? 

We are continuously seeking for ways to exceed the service 

expectations of our clients and it is essential that we 

develop methods and strategies that make their experience 

with Luxaviation pleasurable and, above all, memorable. 

Alongside with our newly opened Charter Broker Desks 

in London, Miami and Hong Kong, one major on-going 

development is that, we at Luxaviation had embarked on 

strengthening our internal training for all employees within 

the group. 

Luxaviation is a renowned brand name in 

the West. What is the vision for the next 

five years? 

We have a group target 

to grow our current fleet 

to 500 managed aircraft 

by 2019. We are entirely 

dedicated to strengthening 

and further developing the 

Group’s presence in Asia 

over the next five years. 

Our fleet in the region 

continues to grow and the 

opportunities afforded to 

us from the Luxaviation 

Helicopters department are 

excellent; we can satisfy more clients, providing them with 

an even more tailored service. As previously mentioned, 

we are working on new partnerships all around the world. 

We are committed to ensuring that the Luxaviation 

Group continues to grow, and by working alongside with 

more like-minded organisations to achieve continuous 

successful growth. 

www.luxaviation.com 


Successful 

FBO CHAIN 

INTERVIEW WITH ETTORE POGGI, 

GROUP FBO DIRECTOR, EXECUJET 


O 

ffering a diverse range of aviation services, 

Luxaviation is dedicated to providing excellence 

across its global network. Catering to a growing 

Asia Pacific, the Group has facilities in Bali, 

Kuala Lumpur, New Delhi, Singapore, as well as four operations 

in Australia and New Zealand. The Group’s newly appointed 

FBO Director, Ettore Poggi discusses the FBOs’ tailored 

services, premium facilities and its formula for success. 

What services does ExecuJet offer? 

The FBO network in the Luxaviation Group, which is run 

by ExecuJet, consists of 24 FBOs located worldwide in 

Africa, Asia-Pacific, the Caribbean, Europe, 

Latin America and the Middle East. The 

most recent FBOs we have opened are in 

Monterrey, Mexico, Munich and St Maarten 

in the Caribbean. We offer a comprehensive 

array of outstanding services at our 

FBOs, including assistance with customs 

and immigration, ground transportation, 

hotel bookings, flight plan assistance and 

impeccable customer service from all staff 

and crew. We pride ourselves on our bespoke, 

tailored services, which can include providing 

newspapers and magazines of choice, 

personalised shopping assistance, private meeting rooms 

and lounges, leisure experiences and a full range of concierge 

services. In addition, our clients will find the cultural touches 

that one would expect in different regions of the world. 

What are the factors that make the 

‘ExecuJet’ FBO one of the top brand 

names in the industry? 

There are numerous factors involved that make ExecuJet 

and the Luxaviation Group stand out. Firstly, our dedication 

and commitment to universal standards of excellence 

are evident across all 

aspects of the Group. 

Our stringent stance on 

safety, accompanied by 

our outstanding team 

and crew members who 

offer industry-leading 

customer service, make for 

a memorable and lasting 

experience for our clients. 

There is a television advert 

from my childhood, which has stayed with me all these 

years, for a brand of chicken. The slogan was “they taste so 

good because they eat so good”. The sentiment is the same 

around driving quality; if our teams are motivated, trained 

suitably and can communicate freely, then they will provide 

a greater service to our clients. This is fundamental to the 

Luxaviation Group. 

What are the premium facilities that 

ExecuJet offers in the FBO? 

We believe it is fundamental to continue to drive 

improvements as it maintains the Group’s custom towards 

quality and results in the 

premium facilities that 

our clients experience at 

our FBOs. For example, 

our lounges and meeting 

rooms are designed 

to provide the utmost 

comfort, in order for our 

clients to relax and prepare 

for their flight efficiently 

and suitably. However, 

without our dedicated 

staff, none of this would be 

possible. Our staff undergo 

regular training to ensure 

they operate at the high 

standards expected from 

them, in turn maintaining 

the facilities and services to 

a class above premium. 

How has the 

collaboration with 

Luxaviation Group 

brought about 

more success to 

the Group and the 

FBO? 

The Luxaviation Group acquired ExecuJet in 2015, therefore 

the relationship between the two companies is stronger 

than a partnership. We correlate together and as one and 

the same family. Together we manage more than 260 

aircraft, which in itself provides our FBO network with 

a substantial customer base. However, this does not 

guarantee that our FBOs will cater to all 260 aircraft in our 

fleet, we still have to ensure that the aircraft owners want 

to use our FBOs by ensuring our services remain second 

to none. As well as a larger fleet, we are also able to obtain 

even better prices from suppliers which represents great 

news for our customer base. 

Has your FBO business been affected by 

economic growth in the global market? 

The deal which saw ExecuJet become part of the 

Luxaviation Group has provided us with somewhat of a 

buffer from the global recession, but naturally we have 

witnessed some of the effects of slowdown in economic 

growth. Charter numbers around the world, with the 

ETTORE POGGI | EXECUJET 

possible exception of the USA, have dropped slightly and 

there has been increased competition with associated 

pricing adjustments. However, since our acquisition 

into the Luxaviation Group, our FBO network has shown 

substantial growth, in part, no doubt, to the fact that 

customers can expect exceptional service from us. 

Does ExecuJet offer membership 

packages to potential charterers or loyal 

customers? 

We offer global agreements to our customers and are in 

the process of designing packages that will benefit not only 

the operator and the crew, but also the client. 

Are there plans for any collaborations in 

order to better serve customers? 

We are always on the lookout for key partnerships and 

opportunities to improve our customer service. It goes 

without saying that every single one of our suppliers and 

associates is a key partner to our global FBO network; this 

can be any one of our international fuel suppliers, routing 

agents, caterers and cleaning service providers. They all 

play a prominent role in delivering the final service. One 

incorrectly delivered meal, an unexpected delay or a less 

than spotless lounge constitutes a service failure and is a 

setback in achieving our goal: to provide the best possible 

service in the industry to each and every one of our clients. 

Just Fly. We look after the details. 

Worldwide. 

www.execujet.com 



TYPICAL FLIGHT ROUTES & 

DISTANCES FROM HONG KONG 

Moscow 

(10:00hrs | 4,345nm) 

Anchorage 

London 

(13:06hrs | 5,702nm) 

Petropavlovsk 

Dakar 

Madrid 

Luanda 

Baghdad 

Dubai 

(7:45hrs | 3,623nm) 

Mumbai 

Sana’a 

(5:19hrs | 2,512nm) 

Port Louis 

Islamabad 

Malé 

Singapore 

(3:00hrs | 1,431nm) 

Beijing 

(2:51hrs | 1,237nm) 

Manila 

(1:28hrs | 630nm) 

Tokyo 

(4:5hrs | 1,983nm) 

HONG KONG 

Guam 

MID-SIZE (H850XP) 

LARGE (CL-605) 

Hilo 

CORP. AIRLINER (ACJ319) 

Papeete 

LONG RANGE (G650ER) 

Los Angeles 

(13:54hrs | 6,767nm) 

Mexico City 

New York 

(15:38hrs | 7,553nm) 

Rio De Janeiro 

Cape Town 

(14:18hrs | 6,683nm) 

Sydney 

(8:45hrs | 4,047nm) 

Melbourne 

Auckland 

FORETYPE LONG RANGE AIRCRAFT MODELS: 

Gulfstream G650 | Global 6000 

NON-STOP FLIGHT DURATION & DISTANCE 

FLIGHT DURATION 

(HOURS) / DISTANCE 

(NAUTICAL MILES) 

HONG KONG 

(VHHH) 

MANILA 

(RPLL) 

DEPARTURE CITIES 

MUMBAI 

(VABB) 

SINGAPORE 

(WSSS) 

SYDNEY 

(YSSY) 

TOKYO 

(RJAA) 

Hong Kong (VHHH) 

- 

1:31 / 659 

5:29 / 2,461 

3:36 / 1,469 

8:59 / 4,051 

3:49 / 1,651 

Manila (RPLL) 

1:28 / 630 

- 

6:41 / 2,884 

3:07 / 1,321 

7:35 / 3,413 

3:55 / 1,768 

Mumbai (VABB) 

5:19 / 2,512 

6:20 / 2,831 

- 

4:46 / 2,149 

12:40 / 5,655 

9:13 / 4,048 

ARRIVAL CITIES 

Singapore (WSSS) 

Sydney (YSSY) 

Tokyo (RJAA) 

New York (KJFK) 

London (EGLL) 

Dubai (OMDB) 

3:00 / 1,431 

8:45 / 4,047 

4:05 / 1,983 

15:38 / 7,553 

13:06 / 5,702 

7:45 / 3,623 

2:59 / 1,327 

7:09 / 3,423 

3:40 / 1,716 

15:24 / 7,557 

14:20 / 6,347 

8:45 / 3,973 

5:19 / 2,235 

11:42 / 5,655 

8:48 / 4,127 

15:37 / 7,036 

9:15 / 3,996 

2:39 / 1,145 

- 

7:08 / 3,473 

6:30 / 2,989 

N/A 

13:28 / 6,150 

7:07 / 3,234 

8:20 / 3,497 

- 

9:27 / 4,277 

N/A 

N/A 

14:53 / 6,644 

6:35 / 2,969 

9:08 / 4,278 

- 

12:05 / 6,052 

11:56 / 5,300 

11:42 / 5,080 

Moscow (UUEE) 

10:00 / 4,345 

11:17 / 4,907 

6:54 / 2,834 

10:37 / 4,772 

N/A 

9:15 / 4,166 

Cape Town (FACT) 

14:18 / 6,683 

14:58 / 6,531 

10:21 / 4,523 

12:24 / 5,265 

15:3 / 6,156 

N/A 



CHARTER AIRCRAFT MODEL 

POSITIONING 

Asia-Pacific Region Estimated Hourly Charter Rate vs. Cabin Size 

20000 

19000 

18000 

17000 

16000 

15000 

14000 

13000 

Corp. Airliner 

Long Range 

Large 

Mid-Size 

Light 

Very Light 

BBJ2 

ACJ319 

BBJ 

ACJ318 

CHARTERING 

BUSINESS JETS 

In The Asia-Pacific Region 

ESTIMATED AVERAGE HOURLY RATE (USD/HR) 

12000 

11000 

10000 

9000 

8000 

7000 

6000 

5000 

F50EX 

Cit. X 

H900XP 

CL350 

G280 

G200 

Cit. Sovereign 

Global XRS 

Global Express 

Global 6000 

G550 

Global 5000 

GV 

F7X 

F900EX 

F900LX 

F900 

CL605 

CL604 

F2000EX 

F2000LX 

F2000 

CL300 

G650 

G450 

GIV-SP 

G300 

Legacy 650 

Legacy 600 

CL850 

Lineage 1000E 

Despite a slowing growth of GDP for Asia-Pacific countries, the demand for charter is still growing. This is because of 

rising demand from corporations who are increasing their international activities, increased market awareness to charter 

and owners realizing the true running costs of owning an aircraft leading them to charter the aircraft out to differ costs. 

Regional operators should be aware of the operational requirements, particularly for foreign-registered aircraft, performing 

charter flights in the region. Various levels of cabotage enforcement rules, lack of qualified and experienced maintenance 

support, aircraft overnight parking restrictions, and long lead times for permit request all become key factors in a charter 

operations — some of which will be identified in this report country by country. While each destination has different rules, 

operators can expect the following documentation to be required for chartering in all countries throughout the region. 

APAC Charter Standard Document Requirements: 

• Air Operator’s Certificate 

• Operations specifications 

• Aircraft Certificate of Registration 

4000 

H800/XP/XPI 

H850XP 

L60XR 

Cit. VII 

Cit. III 

H1000 

• Aircraft Certificate of Airworthiness 

• Noise certificate to show the aircraft complies with ICAO noise standards 

• Insurance certificate 

• Confirmation the aircraft is equipped with TCAS II meeting ICAO ACAS II standards 

3000 

L45XR Cit. Excel 

L35A/36A 

Phenom 300 

Cit. CJ4 

Cit. II 

Cit. V 

Cit. Encore+ 

L31 

Cit. CJ3 H400/Nextant 400 

Cit. I Cit. CJ2+ Premier IA 

• Name and address of charterer 

• Crew and passenger details; full names, document number, expiration date, date of birth, nationality 

Aviation governing bodies can change the rules and requirements without prior notice at any time. This can affect not only 

the local charter market, but any foreign-registered aircraft chartering a jet into the particular country. 

Cit. CJ1 

Cit. Mustang 

Phenom 100E 

Foreign-registered aircraft performing a charter should be aware of cabotage restrictions. This is the carriage of 

passengers or cargo — by a foreign registered aircraft — between two airports within the same country. Cabotage 

regulations vary from country to country, with penalties that can extend from small fines to seizure of aircraft. 

2000 

100 

200 300 400 500 600 800 1000 1500 2000 2500 3000 4000 5000 6000 7000 8000 

Cabin Size (ft 3 ) 

• Logarithmic scales are applied to calculate hourly rates axis and cabin size axis. 

• The estimated aircraft charter rate is based on the global average hourly rate with an adjustment for the Asia-Pacific Region. 



21+79+G 

57 

AUSTRALIA 

AUSTRALIA 

Breakdown by OEM 

IAI 2 (3%) 

Gulfstream 3 (5%) 

Hawker 3 (5%) 

Bombardier 22 

(39%) Cessna 24 (42%) 

Breakdown by Size Category 

Very Light 7 (12%) 

Light 23 (41%) 

57 

14+21+12+41+12+G 

57 

Embraer 2 (4%) 

Dassault 1 (2%) 

Long Range 8 (14%) 

Large 12 (21%) 

Mid-Size 7 (12%) 

Eminent Charter Operators By Model 

Luxaviation 

Flight Options (Australia) 

Challenger 600/601 1 1 

Challenger 604 1 2 3 

Citation 500/I/SP 1 1 

Citation Encore+ 1 1 

Citation III/VI/VII 1 1 2 

Citation Mustang 3 3 

Citation S/II/Bravo/II/SP 1 1 2 

Citation Sovereign 1 1 

Citation Ultra/V 1 1 2 

Citation X/+ 1 1 

Australian Corporate Jet Centres 

Pel-Air Aviation 

Maxem Aviation 

ExecuJet 

AvWest 

Total42+39+5+5+3+4+2+G 

that charter is used primarily for travel within the country. 

Manufacturers Cessna and Bombardier remain the top 

charter jet OEMs in the country and both have their largest 

charter fleet throughout the region in Australia. 

The bulk of Australia’s charter market demand stems 

from tourism. Chartered aircraft shuttle up and down 

the coastal cities and ‘island-hop’. They also serve the 

entertainment industry outside of business and tourism 

requirements. In the past, growth in the local market was 

driven by the commodities boom, fueled by the export 

of natural resources to China. With this sector on the 

decline over the past two years, business activities levels 

and correspondingly business jet utilization levels have 

begun to drop. Consequently, more aircraft are being made 

available for charter as owners try to defray more operating 

costs thus increasing the overall charter fleet size and 

impacting the industry overall. Sydney, Brisbane, Perth, and 

Cairns dominate the charter demand destinations. 

Operators planning on traveling to Australia, with a foreign- 

registered aircraft, have their choice of a number of fullservice 

airport locations. Peak periods of commercial 

airline operations should be considered when handling a 

charter. Australia’s Transportation Security Program (TSP) 

requires commercial and charter flights to submit a TSP 

for approval to Australian Department of Transportation 

and Infrastructure. This demonstrates that the operator 

maintains a high level security management and can take 

up to 60 days, although it is often done in a couple of 

weeks. 

• Permit lead time up to 7 days for foreign registered 

aircraft. Much quicker for Australian aircraft. 

• Landing restrictions: Operators wishing to operate 

a charter service to an airport other than Adelaide, 

Brisbane, Cairns, Darwin, Melbourne, Perth, Sydney, 

or Gold Coast may need approval from Customs, 

Immigration, Health and Quarantine authorities. 

Falcon 900/C 1 1 

GIV/-SP 1 1 

High Net Worth Population 

Global 6000 1 1 2 

Global Express XRS 4 4 

Millionaires* 

Billionaires 

Hawker 800A/B/XP/XPI 2 2 

Learjet 35/A 2 2 


3,405 

3,580 

3,509 

Westwind 2 1 1 

Total 9 6 5 5 4 2 1 32 

32 32 

30 

2013 2014 2015 

Australia is the second largest jet charter market 

in the Asia Pacific region, behind India, with 57 

business jets available for charter. This market 

favors the light and very light size categories, indicating 

* All millionaires refer to HNW obtains at 30M USD 

Source: WealthX and Knight Frank 2016 Wealth Reports 

2015 Billionaires: 30 

10-25 Billion USD 




1 

2 

10 

17 

Number of Billionaires 



22+78+G 

57 

MAINLAND CHINA 

MAINLAND CHINA 


Boeing 4 (7%) 



is also home to Asia’s biggest business 

aviation trade show, ABACE held annually in 

April. 

Hawker 5 (9%) 


Bombardier 19 (33%) 

39+33+10+9+7+2+G 


Large 26 (46%) 

57 

7+28+46+19+G 


Mid-Size 11 (19%) Corp. Airliner 4 (7%) 

57 


Deer Jet 

Zyb Lily Jet 

Nanshan Jet 

Hanhwa Business Jet Airlines 

Astro Air 

Donghai Jet 

Global Jet International 

Total 

G550 7 1 8 

G450 2 3 1 6 

Challenger 850 4 4 

BBJ 2 1 1 4 

Challenger 300 2 1 3 



G200 1 1 

Hawker 900XP 1 1 2 

For foreign registered aircraft, landing 

permits for China are now being processed 

much faster than they were prior to 2013, 

when the Civil Aviation Administration of 

China (CAAC) required five working days to 

process permits. The application process is 

now easier with sponsor letter requirements 

no longer in place for most operations in 

the country. There are no clear regulations 

regarding cabotage, therefore foreign 

operators are free to pick up passengers on 

domestic legs. 



Millionaires* Billionaires 

11,245 10,675 11,070 10,960 

260 

190 

147 

157 

2012 2013 2014 2015 








12 

13 

76 

159 

Hawker 850XP 1 1 

GV 1 1 

Falcon 2000EX/EASy 1 1 

Global Express 1 1 

Total 14 10 5 2 2 2 1 36 

T 

he Mainland China business jet fleet is the second 

largest in the Asia Pacific region, with 306 jets 

as of the first quarter of 2016. 19% (57) of those 

are available for commercial charter, which is made up 

of a majority of aircraft under 10 years old. The Mainland 

China business jet charter fleet is second behind India. The 

biggest operator in Mainland China — Deer Jet — is also 

the largest operator in the region, with 14 jets. This chinese 

market typically favors larger and long range aircraft, 

leaving manufacturers Bombardier and Gulfstream with by 

far the biggest market share in the charter market segment 

the country. All but one jet in the charter fleet are registered 

locally. 

Beijing is the dominant business jet destination in the 

country, however, high demand has created parking, 

landing, and takeoff slot issues in recent years. The new 

Beijing Daxing International Airport is expected to be ready 

in 2018. Shanghai is second in demand and offers highquality 

FBO facilities at its Hongqiao airport. Shanghai 

• Permit lead time: 3 business days 

• Multiple stops: limited to 6 sectors within China 

(includes in and out legs as part of the 6 sectors) 

• Beijing Parking Restriction: 24 hours 

• Shanghai Hongqiao Parking Restriction is 72 hours, and 

also restricts flight arrivals from the E/NE direction; The 

aircraft must land at Pudong airport 

JJ Chen – Astro Air Co. 

What are the current trends of the business jet 

charter market in Mainland China? 

From the second half of 2015, the business jet charter market 

is getting better and there is increased interest, consequently 

flying hours are up. Charterers are flying in about equal 

proportion domestically and internationally. 

What are some of the main challenges the Mainland 

China market faces? 

Although the market is available, the business involvement 

(infrastructure, charges, regulations) have not kept up with this. 

There are not enough airports and charges related to business 

aviation are around some of the highest in the world. 




5+95+G 

15 HONG KONG 

1+99+G 

2 

MACAU 

HONG KONG | MACAU 



Boeing 2 (13%) 

40+33+13+7+7+G 

15 

Gulfstream 5 (33%) Bombardier 6 (40%) 


Large 5 (33%) 

20+27+33+20+G 


Airbus 1 (7%) 

Mid-Size 3 (20%) Corp. Airliner 3 (20%) 

15 



Vista Jet 

Asia Jet Partners 

Metrojet 

Global Jet 

Executive Jet Management 

Total 

G200 2 2 

BBJ 1 1 

Global 6000 1 1 

ACJ319 1 1 




G300 1 1 

Global 5000 1 1 

GV 1 1 

Total 4 3 2 1 1 11 

Hong Kong 

Of the 135 business jets in Hong Kong, 10% (13) of those 

are available for charter. A majority of charter jets in this 

market are newer models, aged 10 years or less. VistaJet 

is a major player, with a floating fleet of four jets. With a 

considerable fleet size, Hong Kong is home to numerous 

brokers including Air Charter Service (ACS), Asia Jet, and 

L’Voyage. Hong Kong was one of the first jet charter 

markets to flourish with Metrojet being the first charter 

operator to offer such a service in 1997. As the industry 

has grown, so has the number of Hong Kong aviation 

companies being registered due to the low tax environment, 

free market economy, and availability of a dual language 

and skilled work force. 

For foreign-registered aircraft chartering into Hong Kong, 

an application must be made through the Hong Kong Civil 

Aviation Department E-filing System (CADSTAT). With 

routing restrictions due to a heavily congested airspace in 

the Pearl River Delta —encompassing Shenzhen, Zhuhai, 

Macau and Hong Kong airport — filing flight plans may 

need corrections and can potentially delay charterers. 

Congestions within Hong Kong's airspace means as little 

as six take-off or landing slots are available 

daily for business aviation, with the rest 

taken by passenger and cargo airlines. 

Permit lead time for both Hong Kong and 

Macau is 72 hours. 

Macau 

With only 12 business jets in Macau, there 

are two jets available for charter. There are 

more landing and takeoff slots available 

than Hong Kong which is 1 hour away by 

boat. 

Millionaires* 

3,335 

Billionaires 

The close proximity between Hong Kong 

and Macau has made way for helicopter 

charter, providing a convenient and efficient mode of 

3,135 

73 

3,180 

75 

82 

3,135 

89 

transportation. Chartering a helicopter between the two is 

ideal for executives and corporation owners whose time is 

of the essence, as well as those looking to travel in a more 

fashionable and fast way. 

2012 2013 2014 2015 









3 

3 

10 

31 

42 


Jeffrey Chiang – Asia Jet 


charter market in Hong Kong? 

The market is still dominated by larger cabin aircraft. It is still 

slow compared to last year, but activity is picking up in the 

second half of the year with events happening in the region 

which should bolster demand. 

What are some of the main challenges the Hong Kong 

market faces? 

The main challenges are the operational restrictions: runway 

and movement capacity (with a 2-runway system), slot issues 

and private jet priority over commercial/freight carriers, airport 

parking, and curfews. Other challenges would be the increased 

competition from Chinese operators, which takes a slice out of 

what would normally be reserved for local operators. 



6+94+G 

16 

INDONESIA 

INDONESIA 


Cessna 1 (6%) 


44+31+13+6+6+G 

16 

Hawker 5 (31%) Embraer 7 (44%) 



(31%)56+31+13+G 

Light 2 (13%) Large 9 (56%) 

16 

Mid-Size 5 


Premiair 

Enggang Air Service 

Jhonlin Air Transport 

Travira Air 

Total 

Legacy 600/650 4 1 5 

Hawker 900XP 2 2 

Citation III/VI/VII 1 1 

Phenom 300 1 1 


Total 5 2 2 1 10 

With 53 business jets based in the country, 16 (30%) 

are chartered out commercially. Premiair is the largest 

operator with 5 charter jets in its fleet, all of which are 

Embraers. Indonesian charter market favors newer aircraft, 

in the large to mid-size range. 

Operators, with foreign-aircraft, expecting to travel to 

Indonesia should be aware of the legal decree passed by 

the Indonesian Government in October 2015. The ruling 

enforces very restrictive overfly cabotage rules for any 

foreign-registered aircraft. This essentially prevents any 

charter, or even private business aircraft operator, from 

conducting any domestic flight within Indonesia unless 

they are domestically (PK) registered. Operators would 

need to fly to another country (e.g. Singapore) before 

returning to their next stop in Indonesia, or charter with 

a locally registered aircraft. Consequently, there is an 

increased demand for local charter solutions with higher 

local charter costs. However, the entire impact of this 

decree has yet to be fully assessed. 

• Permit lead time: 3 days for landing and overflight 

Wando Suripto – 

Javajet Asia 


charter market in Indonesia? 

Business is relatively slow in the country. The trend is that 

most charter aircraft owners are selling their jets, though a 

couple of them are actually upgrading their jets. After the 

Indonesian government issued a decree forbidding foreignregistered 

aircraft from flying within the country, local 

operators have seen their business double and even triple. 

What are some of the main challenges the Indonesian 

business jet charter market faces? 

The business climate isn’t great, although we are seeing an 

upward trend. The new government is now 1.5 years into 

term and starting to take shape. Money is being put into 

infrastructure spending and not so much on consumption. 

A few other challenges are impacting this market: operators 

charging domestic and international flights 10% VAT, the lack 

of long range aircraft, a high hourly price (which is 25% higher 

than other countries in Asia) and an EU ban. Many Indonesian 

charter operators are banned by the EU, which does not 

allow the aircraft to fly into EU countries. Consequently, some 

European customers are reluctant to fly on Indonesian planes. 


Millionaires* 

Billionaires 

865 

875 

858 

23 

19 

25 

2013 2014 2015 








1 

2 

8 

14 

I 

n the last few years, Indonesia has gone through 

political change that has affected business 

aviation in the country. The local industry faces a 

number of issues including infrastructure, safety, and in 

the overall inflexibility of operating in business aviation. 

Two airports in Indonesia handle the majority of general 

aviation flights: Bandara Halim Perdanakusuma (WIHH) 

and Soekarno-Hatta International (WIII), with Denpasar 

International (WADD) in Bali also handling an increasing 

amount of traffic. 




IAN MOORE | VISTAJET 

Leaving No 

Region 

UNTOUCHED 


A 

S GLOBAL FLIGHT TRAFFIC travel. In the 2015 calendar year, flight traffic 

and overall passenger from Asia was up 62% year-on-year, with 

numbers increase, business traffic within China up 25%. The number 

aviation company VistaJet of passengers traveled was also up 57%. 

continues to expand its global reach VistaJet partnered with Chinese operator 

offering clients the best of private aircraft Apex Air in July of 2015. The Civil Aviation 

travel. Since its inception in 2004, the Administration of China (CAAC) authorized 

company has welcomed 100 aircraft to business now manages and operates a 

its fleet and journeyed across the world China-based fleet of aircraft for VistaJet’s 

— covering 90% of the 

Flight Solutions Program. 

globe. As growth continues, 

VistaJet also launched a 

VistaJet anticipates 

locally-registered aircraft 

further expansion along 

in Mainland China. The 

with providing additional 

Challenger 850 should 

unmatched, efficient service. 

perform well, in this market 

that favors a long-range and 

“Having an efficient use of 

large cabin business jets. 

an aircraft and only having 

to pay for the hours you 

Although the company is 

need is a very appealing 

continuously learning about 

argument in markets where assets are the Chinese market and the Asia-Pacific 

depreciating in significant numbers,” says region, Moore stressed that each flight 

VistaJet Chief Commercial Officer, Ian Moore. experience is tailored to the individual. 

“We are very specific on the customer. We 

With interest taking off within Asia, the 

want to be their home away from home 

company expects to capitalize on the region 

and we do this by creating an environment 

and its increasing interest in private aircraft 


INTERVIEW WITH IAN MOORE, 

CHIEF COMMERCIAL OFFICER VISTAJET 

that is specific to the client through music, 

lighting, cabin temperature, blankets and 

even fragrance.” 

VistaJet is also dealing with an increasing 

number of corporations, who are more 

focused on efficiency and time-saving. 

Regardless of the clientele, the company 

strives to make each flight the best it can 

be. Improving the customer’s onboard 

experience can often be a difficult task, 

particularly with those who repeatedly 

fly with VistaJet. “We consistently try to 

enhance the experience for each customer.” 

“If you’re doing 100 flights with us and 

you’re always flying at lunchtime, even 

Michelin-starred restaurant food needs to 

evolve,” says Moore. Through this mindset, 

VistaJet incessantly looks for fresh 

ways to improve all aspects of the flight. 

Everything from books onboard to Le Labo 

cabin fragrance help create a home-like 

feeling. Catering to guest’s palate is an 

ever-changing menu created by Nobu. 

To accompany the cuisine is a curated 

selection of wines chosen by Founder and 

Chairman, Thomas Flohr. 

Not only has VistaJet enhanced its onboard 

experience, but also the booking process. 

Through a recently-launched mobile app, 

customers can now use their smartphone 

to book, amend, and review flights, as well 

as pre-select entertainment and catering 

from a wide-range of online menus. At the 

touch of a button, customers have a direct 

online communication channel with the 

company. Because VistaJet maintains its 

own fleet, clients can be sure they will be 

flying onboard a well-maintained business 

jet that follows all necessary protocols. 

The new app is just another example of 

how VistaJet makes traveling convenient 

and efficient. “This app helps to put the 

power back in customer’s hands, if they 

want it,” explains Moore. “We have not and 

will not turn off the traditional avenues of 

communicating. You can still call us and 

we’ll arrange everything.” 

While the company continues to flourish, 

there are still challenges to overcome. 

Infrastructure remains a problem 

throughout Asia. Operating in cities like 

Hong Kong, Beijing, and Shanghai can be 

difficult. “When a private jet is entering a 

new location, very rarely is it for a family 

to go on holiday. It is traditionally for 

commerce and for deals to happen. When a 

city or country is less accessible for private 

jets, then it has a knock-on effect on the 

‘open for business’ sign that the country 

may have.” 

VistaJet also strives to educate the market 

on the true costs of this industry. “Our 

pricing is transparent and all inclusive. If 

clients want a brand-new, well-maintained 

jet and a safe operation, then we offer value 

for money. Some of the charter prices in 

the marketplace are not profitable, and 

therefore not safe. When clients look to 

charter a jet, they aren’t just getting a oneoff 

aircraft. They’re getting an investment 

into not only the aircraft, but the people, 

safety, security, and entire operation.” 

Owning their own fleet allows VistaJet to 

ensure that all details -- big and small -- are 

covered when a client comes to them. 

Aircraft are available at the needs of the 

customer in locations convenient locations, 

across the world. 

Optimism remains high for the future of 

the company; whose aim is to leave no 

region untouched. “We’d like to have the 

whole world. We have the biggest operating 

zone in the world, but even we don’t cover 

all the world -- just yet. At the moment, we 

are focusing on building a 100% global — 

one-way pricing, guaranteed availability 

— operation. Building China within the next 

two to three years will help us reach that 

point. From an operational side, we’ll work 

with APEX to do that. On the sales side, 

we’ll build the customer base to match the 

fleet we have available.” 

www.vistajet.com 


23+77+G 

60 

INDIA 

INDIA 






25+22+20+18+8+5+2+G 

60 

Airbus 1 (2%) 

Cessna 15 (25%) 

Hawker 13 (22%) 

Club One Air 

Reliance Transport Travels 

Air One Charters 

Airmid Aviation Services 

Total 


Falcon 2000 2 2 


Very Light 3 (5%) Corp. Airliner 2 (3%) 

Citation Excel/XLS/+ 2 1 3 

Citation S/II/Bravo/II/SP 4 1 5 


Legacy 600/650 2 2 

Light 14 (23%) 

Mid-Size 16 (27%) 

3+10+32+27+23+5+G 

60 


Large 19 (32%) 



CRJ100 1 1 


ACJ319 1 1 


Lineage 1000 1 1 


7,730 

109 

Millionaires* 

7,850 

103 




8,595 

100 

Billionaires 

8,114 

90 

2012 2013 2014 2015 






1 

5 

6 

27 

51 

Global 5000 1 1 


Total 9 6 4 3 22 

T 

he Indian charter fleet is the largest in Asia 

Pacific, with 60 business jets (40% of India's 

total business jet fleet) operating locally. The 

fleet ranges in size with the majority in the large and midsize 

and light categories. Manufacturers Hawker and 

Dassault's aircraft do exceptionally well in this charter 

market, with their largest charter fleets located within 

the country. The largest local charter operator is Club 

One Air with nine jets. There are also a large number of 

small operators offering only one aircraft which is the 

direct result of legislation that reduces import duties if 

an aircraft is imported for charter operations. 

India has a strong potential for growth in the charter 

market as the new Indian middle/upper class wealth 

would benefit from dependable, easy-to-order, ondemand 

charter services.Unfortunately there are a 

number of obstacles standing in the way, with the 

biggest being the difficult regulatory environment which 

prevents any beneficial foreign investment from being 

made toward its business aviation charter market. 

Foreign registered operators planning to land in India 

should be aware that flight planning requirements depend 

on where you’re flying to and whether your destination is a 

civilian or military airfield. Lead times can be lengthy and 

operators should make sure they are aware of all rules. 

For example, a 15-20 day notice must be given to the 

authorities for any flights operating to military stations. 

Authorities are also strict with revisions, requiring a 6-8 

hour notice for any changes in landing or overfly permits 

during business hours and an 8-10 hour notice for revisions 

outside of business hours. Frequent revisions in landing 

permits at military stations will not be permitted by 

authorities and the passenger count cannot be changed 

once it's approved. Foreign-registered aircraft are also not 

allowed to stay more than 14 consecutive days in India. A 

special permission to stay longer must be requested by the 

operator and obtained from the ministry. Aircraft carrying 

more than 15 passengers will be considered a tourist 

charter and a tourist charter clearance company has to be 

involved in order to obtain the permission from the ministry. 

This process can take up to one month. 

• Landing permit lead time: 3 business days if the flight 

is originating from a non-PRC nation and 7 days if 

flight is originating from a PRC nation (China, Pakistan, 

Afghanistan, Iran, Iraq). This list may change at times 

per government assessment. 

• Overflight/technical stop lead time: 1 business day for 

non-PRC flight origination and 3 business days when 

embarking from a PRC nation. 




INVESTMENT GATEWAY | COUNTRY GARDEN 

INVESTING 100 BILLION US DOLLARS 

IN THE MALAYSIAN FOREST CITY 

60-YEAR-OLD MR. YANG GUOQIANG 

INTENDS TO ACHIEVE A GREAT DREAM 

ARTICLE WRITTEN BY YAN TAN, ECONOMIST AND COMMENTATOR 

An Investment 

The building up of a new port in Malaysia under the blessing of the ‘Belt and Road’ plus the signing of high 

speed rail between the Malaysian and Singapore, the Asian investors now put their focus in Johor for new 

investment opportunities. However, besides the economic side, how to build up a better home is also another 

important core stone in the mind of the investors – on this matter, Country Garden has his opinion. 

start to think and rethink about our 

future and our dreams. For Gaudi, 

dreams might be an Egyptian park or 

Casa Mila. For Michelangelo, dreams 

might be the ‘Genesis’ of the ceiling of 

Sistine Chapel. 

For Yang, there are two 

dreams: one is professional 

education and the other is to 

create a model city. 

In order to achieve his first dream, Yang suggested to 

national legislators that the legal working age should be 

moved to 20, allowing young adults to receive professional 

training or higher education before entering the workforce. 

As a member of the National Committee, Yang was able to 

achieve his dream by building a free university: Guangdong 

Country Garden Professional College, in hopes that young 

adults would not feel the same despair he felt with a 50 

cent daily income. 

This is the “Forest City”, 

created by Mr. Yang. 

The development is spacious, with clean energy, buildings 

full of plants, and everyday people breathing fresh air, 

among the joys of nature. There will no longer be fighting 

over resources, but rather, the pleasantries of life where 

Earth is shared by all. 

Country Garden has established a red forest protection 

zone, next to the world’s second largest red forest reserve, 

as well covering the development with vertical greening 

and offering water purification and rain collection for reuse. 

The sustainable forest city has since attracted monkeys, as 

W 

hat do you think of when you think of real 

estate? Champagne and luxurious cars, 

bidding on a land market, and spending as 

you wish? It’s not entirely like that. 

Founder and chairman of China-based property 

development company Country Garden Group, Guoqiang 

Yang is 62 years old, 5 foot 9 inches, slim with tanned skin, 

often wearing a suit a size too big. He travels in a mediocre 

car and wakes up early every day; unlike what many might 

expect of a real estate tycoon. 

Born in poverty, Yang never wore shoes before the age of 

17. He worked as a cow herder and cement worker with a 

salary of 180 yuan (27 USD), often feeling left in despair 

after receiving only 50 cents a day. He achieved his first 

strike of gold in the 1980s, working as a construction 

contractor. Although even with his newfound wealth, he 

remained thrifty and started to remember distant dreams 

that have not yet come true, with the thought that “one 

must dream, what if they come true? One must dream, and 

I will make mine come true”. 

Economic growth slows down, just as the height of a 

young child. However, children don’t have time to think. 

They’re like a bullet train roaring forward. As we age, we 

His dream of a model city was equally 

as ambitious, complete with the slogan: 

“Building a city, building a world”. 

Home to many well-known companies with complete 

medical and educational facilities, this 20-squarekilometer 

newly built ‘city’, known as Forest City, is located 

in Iskandar, Johor, Malaysia. With 100B USD worth of 

investments, this advanced city includes a sustained 

ecosystem, ‘green’ buildings next to white sand beaches, 

cars traveling underground and a beautiful scenery. It is 

a place for all the harmonies of the earth, and the joyous 

laughter of people within. This is no longer imagination; it is 

becoming reality. 

well as the rare red-faced owl. 

The intimate relationship with nature doesn’t keep occupants 

isolated from modern life, as the development has partnered 

with with Huawei, Accenture and other companies to 

create an intelligent system of city management, from 

security, energy and data, to traffic management and control 

management. Currently, the city’s traffic center, international 

club, coastal shopping streets and beach parks are in service. 

As of December 6th, Forest City’s Phoenix Hotel became open 

for business, celebrated along with the district’s international 

industry integration ceremony. 

Yang continues to spend his life building up these dreams 

to form a reality. What supports his dream is the fusion of 

industries within the city: tourism, education, medication, 

foreign investment, finance, internet-based companies, new 

technology, green energy and intelligence industries, which 

are the pillars of life in Forest City. International corporations 

such as Huawei, Cisco System, and Ebawe will provide 

technical support to ensure these goals are met. 



INVESTMENT GATEWAY | COUNTRY GARDEN 

China’s Belt and Road Initiative, along with the welcoming 

of the local government, support this cause. With a 

growing number of interested occupants and the largescale 

land reclamation, it would be unimaginable if the 

project was not supported by both governments. In fact, 

this project would never have been started without the 

Aon AVIATION 

Insurance 

INTERVIEW WITH GARY MORAN, HEAD OF AVIATION, ASIA 

Who We Are 

We are passionate about the aircraft we insure and the 

risks our clients face, from private jets and helicopter fleets 

support of the government. The Malaysian government 

will provide tax reliefs for companies and establish an 

international school, with the strategic partnership of a 

internationally well-known educational institution. On top 

of that, there will be high quality medical services provided 

by prominent medical corporations, as well as various 

recreational activities. 

Yang’s dream cannot be done without the support of 

China’s wealthy middle class. Luckily, after 30 years of 

rampant economic growth, China has an increasingly large 

and wealthy middle class. In the future, China will become 

the nation with the largest middle class in the world. 

According to BCG Wealth Management Report, China’s 

total personal investment assets are approximately 110 

trillion RMB, in which, high net worth families (with family 

investment asset over 6 million RMB) represent 41% with 

a sum of 44 trillion RMB. In the next five years, private 

asset increase will slow down, however, there will still be a 

13% annual compound growth. In 2020 this will reach 196 

trillion RMB, with 88 trillion RMB worth of high net worth 

family wealth, representing 45% of investment asset. 

The time to dream has now come for the rich middle class 

citizens. You have the opportunity to live in ‘Forest City’, 

enjoying the view under the palm trees, living in a clean 

and healthy environment, with children attending the best 

schools and for all to look ahead to a successful future. 

www.bgy.com.cn 

www.forestcitycgpv.com 

to air ambulances and unmanned drones; we understand 

the unique challenges facing the aviation industry. With 

a dedicated team and specialist solutions specifically 

tailored to the needs of our global aviation clients, we 

work with colleagues worldwide to bring the best possible 

outcomes to clients locally. 

In Asia, we have expert representation in thirteen countries, 

with local regulatory knowledge, working with a broad 

cross section of clients servicing their risk and insurance 

requirements. With the increasingly complex risks that 

our clients face, 2017 will be a year where the effective 

management of risk will prove to be a defining competitive 

operational differentiator. 

2016 Year End Review 

Insurance market conditions continue to soften within 

aviation, with premium levels reducing on average by 

nine percent as of November when compared to 2015. 

Competition within the market is plentiful and aggressive, 

with insurers seeking to maintain market share as capacity 

continues to flood into the market. 

Loss activity within the aviation industry has been generally 

benign in 2016 when compared to historical trends and 

particularly when compared to 2015 where a number of 

large losses were suffered. 2016 saw a number of airlines 

grouping together to share capacity which may be seen as 

foreshadowing M&A activity to come in the market. 

Outlook 

From an aviation insurance perspective, the premium pool 

continues to be eroded and there is increased awareness 

that a potential kneejerk market reaction may occur 

following a major catastrophic loss or series of repeated 

losses similar to 2014. Another area of growing concern 

is the increased average cost of attritional claims, which 

continue to escalate in size, largely owing to advances in 

aircraft technology and associated high value components 

and materials. 

Challenges Within The Aviation 

Industry 

Insurance costs: A potentially hardening insurance market in 

the near future has become a key concern for airlines, with the 

perception that a major loss event could catalyse a hardening of 

the market. While airlines have been quick to push for premium 

reductions from the market, the current thin rates seem to be 

increasingly unsustainable in the long-term. 

New and emerging risks – cyber: The aviation industry is 

highly dependent on digital systems for a number of business 

critical operations, including online bookings. As Aviation 

clients continue to assess their cyber exposure, it is becoming 

increasingly evident that traditional insurance policies do 

not provide sufficient cover for the financial and reputational 

damage which could be suffered following a cyber loss event. 

However, we are seeing significant investment in aviation 

infrastructure across the region, with the upgrading of 

airport runways and facilities, which should contribute to 

reduced underlying claims. 

As the premium pool continues to shrink and the risk 

landscape becomes continually more complex, 2017 will be a 

year where receiving bespoke and holistic risk and insurance 

advice from our team of experts will be a key differentiator to 

our clients in the competitive aviation industry. 

Over the next twelve months, Aon expects to see an 

increased number of our clients seeking to explore long-term 

agreements with insurers, to insulate themselves from any 

drastic change in market conditions that may result in a rise 

of underlying premium rates and thereby allow for a greater 

degree of stability in planning ahead. These risk financing 

decisions are complex and expert advice will play a key role 

as companies seek to protect their balance sheets, free up 

capital and gain a competitive advantage. 

For enquiries regarding how Aon can support you with your 

risk and insurance needs, contact Gary Moran by email: 

gary.moran@aon.com 


www.aon.com 


4+96+G 

11 

JAPAN 

JAPAN 


Airbus 1 (9%) 



37+36+18+9+G 

11 


Light 3 (27%) 

9+55+9+27+G 

11 


Cessna 4 (37%) 

Corp. Airliner 1 (9%) 

Mid-Size 1 (9%) Long Range 6 (55%) 

Millionaires* Billionaires 

that the industry finds a way to reduce costs substantially, 

so that the business jet charter market can develop further 

and become more competitive. 

Because delays for landing permits and aircraft parking 

approvals vary depending on the type of general aviation 

operation, foreign-registered aircraft planning to operate 

in Japan should be aware of any trips to the country 

well ahead of time. As congestion at major airports can 

be considerable, it’s recommended that all approvals be 

obtained as soon as a schedule is known. The Japan Civil 

Aviation Bureau (JCAB) requires a charter contract before 

processing of a charter permit. The contract must indicate 

the charter price and be signed by both the operator’s 

representative and the customer (principal passenger). 

• Permit lead times for International and Domestic 

sectors: For business 3 days (24 hours for executive 

passengers with an urgent business purpose); For 

leisure 10 days 

Chie Matsuoka – Marubeni 

Aerospace Corporation 

14,270 

14,720 

14,990 

What are the current trends of the business jet charter 

market in Japan? 

33 

33 

27 

New customers (including prospective customers) are 

increasing, including both business users and leisure users. 

2013 2014 2015 








1 

3 

9 

14 


Asia Jet Partners 

Jet Aviation 

Nakanihon Air Service 

Aero Asahi 

Avjet 

Total 

G650 2 1 1 4 

Global 6000 2 2 

Citation Ultra/V 2 2 

ACJ318 1 1 

Citation Sovereign 1 1 

Total 4 2 2 1 1 10 

T 

he local charter market offers 11 charter jets, 

24% of the total business jet fleet in Japan. 64% 

of these jets are corporate or long range jets that 

were manufactured within the last five years. Cessna does 

particularly well in Japan, with the third largest fleet of 

charter business jets outside of Australia and India. 

The main issues facing the Japanese charter market are 

a high costs of labor, high taxation, and a lack of business 

aviation-friendly regulations and facilities across major 

cities which create barriers for those wanting to enter the 

local market. Upcoming events including the Rugby World 

Cup in 2019 and the 2020 Olympics provide the country 

with opportunities and motivation to improve infrastructure 

to cater to business and general aviation (GA). It is essential 

What are some of the main challenges the market in 

Japan faces? 

A number of restrictions exist regarding operating business 

jets in Japan. In the charter market, one of the main challenge 

therefore is expanding the number of Japanese registered 

business jets for domestic operations. 

There are only few JA registered business jets you can charter 

in Japan as only a few operators have their AOC for business 

jets. Japan Civil Aviation Board (JCAB) has set very strict 

requirements to issue the AOC for business jet operators, 

which should protect the market to expand for local registered 

charter aircraft. 

One of the main reasons foreign-registered aircraft might 

hesitate to come to Japan is the permit process. Japan 

requires a number of documents to charter into the country. 

Limited slot/spot availability also continues to be an issue at 

the Haneda airport. JCAB has eased regulations for general 

aviation but it has not answered all the demands or requests 

from business aircraft operators. 




2+98+G 

6 MALAYSIA 

3 NEW ZEALAND 

1+99+G 

O 

f the 49 business jets in Malaysia, there are only eight 

used for business jet charters and Berjaya Air operates 

the only Malaysian-registered jet — a Bombardier 

Challenger 300. Given just this one locally registered aircraft, grey 

chartering of locally-based foreign private business jets seems to 

be unofficially tolerated. Consequently, legitimate charter operators 

have difficulty competing with the ad-hoc availability and ‘friendly’ 

prices from these private aircraft owners, thus depressing charter 

business opportunities in Malaysia. 

Foreign-registered charter flights into Malaysia are non-scheduled 

flights, consequently making them Inclusive Tour Charter (ITC). 

This allows the aircraft to arrive and disembark passengers, 

however an itinerary is required and authorities may ask for proof 

of accommodation. 

• Permit lead time: 72 hours 

N 

ew Zealand has one of the smallest business jet fleets in 

the region. There are just three charter jets based in the 

country, all of which are locally registered. 

Foreign-registered aircraft wanting to operate within the country 

should be aware of the following: 

• Permit lead time: 3 business days 

• Cabotage rules: same passengers (or less) in and out 

• Multiple stops restrictions: Under Civil Aviation Rule (CAR) 

Part 129: Every charter operator not based in New Zealand 

conducting international air transport operations (the carry of 

passengers or goods for hire or reward) of more than: 

• 2 take-offs or landings within New Zealand in any 

consecutive 28-day period 

• 8 take-offs or landings within New Zealand in any 

consecutive 365-day period 

is required to hold a Foreign Air Operator Certificate (except in 

case of medical emergencies). 

1+99+G 

4 

PHILIPPINES 

T 

he Philippines has a small business jet charter market, 

with only four jets available for commercial charter. At 

this time, there are one Bombardier Challenger 605, a 

Dassault Falcon 50 and an IAI Westwind 2, available through 

Aviation Concepts. A Dornier 328 Jet is also available through 

Platinum Skies Inc. Two Philippine-registered Westwind II aircraft 

are also available for medical flights. 

Manila’s Ninoy Aquino International Airport (RPLL) is the most 

popular business destination for the country, complete with a 24- 

hour Customs, Immigrations, and Quarantine (CIQ). However, 

recent plans by the new government to ban general aviation (nonscheduled, 

non-airliner aircraft) from the Manila airport (NAIA) are 

getting underway. Private jet parking at NAIA is adding to growing 

congestions at the airport. Operators will need to consider landing 

in Sangley, Clark or Subic airport instead. 

Landing and overflight permits are mandatory for all charter 

operations, including foreign-owned aircraft, and it is important to 

note that for all landing permit requests – with the exception of 

tech stops – a local business contact must be provided. During 

the application process, operators must provide an abstract of the 

charter agreement including names and address of the operator, a 

description of the purpose of the operations, type of aircraft, rates, 

and a passenger manifest stating the relationship of passengers 

to each other and to the charter operator. A Civil Aeronautics 

Board entry and exit fee of 18,907 PHP must be filed at the time of 

applications. 

The geographic makeup of the Philippines, home to thousands of 

small islands, means travel can often be burdensome, requiring 

long hours and numerous transfers. Chartering a helicopter within 

the island nation is now a viable option, reducing the hassle of long 

travel, as well as providing an opportunity to catch a glimpse of the 

country’s beauty. 

• Permit lead time: 3-5 days 

Maximilian Motschmann 

– International Jet 

Management Asia Ltd. 


market in the Philippines? 

The charter market in the Philippines is moving slowly because 

of existing restrictions in Manila and new initiatives to move 

GA out of the airport. But alternative solutions are being put 

together via Clark and helicopter transfer. 


the Philippines faces? 

The major challenge right now is congestion at airports in 

Manila, Cebu, as well as Kalibo in Boracay. This is snuffing out 

any growth. 



4+96+G 

30 

SINGAPORE 



Hawker 1 (3%) 


67+30+3+G 

30 


Zetta Jet 

Pacific Flight Services 

Vista Jet 

Luxaviation 

Total 





Light 1 (3%) 

Mid-Size 4 (13%) 

Large 9 (30%) 


1,355 

27 

Millionaires* 

1,395 

32 

Billionaires 

1,314 

37 

2013 2014 2015 







54+30+13+3+G 


2 

9 

26 


Global 5000 3 3 

Global 6000 5 1 6 



G100/G150 1 1 

G400 1 1 

G450 1 1 

G550 1 1 

GIV/-SP 3 3 

GV 1 1 

Total 20 2 2 1 25 

Of the 68 business jets in Singapore, 44% (30) of those 

are used for chartering. The mid-size, large, and longrange 

categories make up over 97% of this fleet, 

suggesting a need to fly mostly long distance. 

Renowned for hosting major events including the Singapore 

Grand Prix - F1 and the ATP Women’s Tennis Finals, Singapore 

has a number of interested clientele who enjoy hassle-free block 

charter programs to accommodate their annual charter needs. 

All business jets based in Singapore are foreign-registered, as the 

local aviation registry caters more to commercial aviation. 

There are two full-service airports available for general aviation: 

Singapore Changi (WSSS) and Singapore Seletar (WSSL). 

While Changi, an international airport, has substantially more 

commercial traffic than Seletar, it does not have a curfew. The 

Seletar airport has restrictive hours, with runway closures 

occurring between 0001-0700 local time on the first Saturday of 

every month and between 0001-0200 local time every Wednesday 

and Saturday. 

• Landing permit lead time: 7 working days 

• Overflight permit lead time: 2 working days 

1+99+G 

3 

2+98+G 

5 

SOUTH KOREA 

M 

ost business jet charters in Korea are performed for 

the country’s top companies or chaebols. In recent 

years, several new charter companies have begun 

operations in the country. However, ground handling services are 

expensive. 

There are three business jets performing commercial charters 

in South Korea. The only official charter operator — Korean Air — 

operates one Boeing BBJ and one Bombardier Global Express. 

Hanseo University also operates a Cessna Citation CJ1+. 

Foreign-registered aircraft operating in South Korea should be 

aware of the following: 


TAIWAN 

T 

aiwan has a relatively small charter market, with five 

jets available for charter — making up 20% of the local 

business market. The majority of these are in the large 

and long range size categories. Of these operating in the local 

market, all are Taiwan registered. 

Operators should be aware of the cabotage rule between Taiwan 

and China that does not allow foreign registered charter flights to 

operate between the two locations, meaning if a flight is scheduled 

between China and Taiwan a third stop would be needed (likely 

in Hong Kong, Macau or Jeju). Additionally, Non-Taiwanese 

registered aircraft cannot operate domestically within the country 

if there are passengers, cargo, or mail onboard. However, ferry 

flights are permitted between domestic points in Taiwan. Popular 

business stops in Taiwan include Taipei (RCTP), Kaohsiung (RCKH), 

and Taipei Songshan (RCSS), with RCTP being the most popular 

destination for general aviation operations. 


S.D. Lim – Korea Business 

Air Services Co. (KBAS) 


market in Korea? 

Charter demand in Korea is increasing and the industry is 

moving to address this. However, there is still no specialized 

charter company established in Korea as of yet – so no local 

players. 


Korea faces? 

Two of the main issues the charter industry faces in Korea are 

inconsistency and unreliability, which is very harmful to short 

term and midterm opportunities. Charter companies that are 

active in Korea haven’t maintained their marketing efforts 

or they have overstated their capabilities which has harmed 

perceptions of the overall industry. 

Edward Lin – Win Air 

Business Jet 

What are the current trends in the business jet charter 

market in Taiwan? 

The local market is growing, with an increasing interest from 

all clientele including the entertainment industry, those living 

within the country, and from international clients in Hong Kong. 

What are some of the challenges that keep the market 

from expanding? 

There are a few issues that make the market difficult for 

operators. This includes grey chartering, which makes it difficult 

to offer competitive pricing. In turn, utilization hours can be 

challenging to maintain. Costs involved with maintaining an 

aircraft may then be difficult when utilization hours are not met. 



7+93+G 

18 

THAILAND 

THAILAND 



39+33+28+G 

18 

Cessna 6 (33%) Hawker 7 (39%) 


MJETS 

AC Aviation 

Advance Aviation 

Siam Land Flying 

Thai Flying Service 

Total 

G200 2 2 4 

Foreign-registered aircraft being chartered into Thailand should 

allow for plenty of lead time. Applications are made easy through 

the Automated Fixed Telecommunications Network (AFTN), fax, 

and e-mail but the Civil Aviation Authority of Thailand (CAAT) will 

not issue landing permit numbers without arrival or departure 

slot approvals and parking approvals. Operators should note that 

Chiang Mai International Airport (VTCC) and Phuket International 

Airport (VTSP) will not allow overnight parking, however passenger 

pickup and drop off is permitted. Don Mueang International Airport 

(VTBD) has a maximum parking time of 48 hours. 

Jaiyavat Navaraj – Mjets 

What are the current trends in the business jet charter 

market in Thailand? 

The business jet charter business in Thailand remains very 

flat given the belt tightening situation in the country. Actually 

charter levels are expected to be approximately 5% below last 

year's. However, the air ambulance business is growing around 

40% over last year. 

Citation S/II/Bravo/II/SP 2 2 

Hawker 400/A/XP 2 2 

• Permit lead time: 3-5 days for landing permit, Overfly 2-3 days 

What are some of the challenges that keep the market 

from expanding? 




Hawker 800A/B/XP/XPI 1 1 2 

Hawker 850XP 1 1 2 

Citation CJ3 1 1 

The big challenges remain the unfriendly rules and regulations; 

the long leadtimes to get landing and overfly permits for 

many countries in this region; and the scarcity of experienced 

business jet pilots. 

Citation X/+ 1 1 

6+50+33+11+G 

18 

Light 6 (33%) Mid-Size 9 (50%) 

GV 1 1 

Total 7 3 2 2 1 15 


Millionaires* 

Billionaires 

O 

f the 37 business jets based in Thailand, 49% (18) 

are available for charter, with 50% of those being 

mid-size jets including the G200, Hawker 850XP, 

and Citation X+. This market does not have any jets that were 

manufactured within the last five years, which may indicate a 

penchant toward practicality and awareness of pricing. 

720 735 727 

10 

17 




24 

2013 2014 2015 

A number of the larger charter operations within Thailand have 

large corporation shareholder backers. MJets is under the 

publically-listed Minor Group and CP Group is behind Siam Land 

Flying. Despite government uncertainty in recent years, the 

private aviation market in Thailand has overall remained strong. 

However, since the beginning of 2014, the charter market has 

seen less demand originating from within Thailand. A 2015 

International Civil Aviation Organization (ICAO) ruling putting the 

Thai registry under close scrutiny due to safety concerns has 

affected the local commercial charter operators. No new routes 

are being approved or aircraft are being allowed to fly to certain 

international destinations during this period, as local charter 

operators are put into the same category as low cost airline 

carriers. The government is not issuing any new operating 

certificates in the interim, which also applies to business jet 

charter operators. 


1 



1 

4 



4 

14 




JEFF MILLER | AERION 

BRINGING 

BusinessAviation 

INTO A FASTER 

REALITY 

INTERVIEW WITH JEFF MILLER, AERION CORPORATION VICE PRESIDENT, 

MARKETING & COMMUNICATIONS 


I 

nternational travel is about to 

get a lot quicker with Aerion 

Corporation’s AS2 supersonic 

business jet. In hopes of creating 

a faster future for aviation, the aeronautical 

engineering company has dedicated itself 

to developing and patenting supersonic 

natural laminar flow (SNLF) technology, 

since its founding in 2002. 

Headquartered in Reno, Nevada, Aerion 

Corp. has proven its commitment to 

furthering the cause after announcing 

a technology collaboration with Airbus 

Group, who will provide technical 

and certification support, as well as 

engineering, procurement and supply 

chain management, logistics planning, 

program management and government 

relations. Airbus Group, the global leader 

in aeronautics and space, will work with 

Aerion Corp. in its endeavor to create the 

AS2 supersonic jet, expected to fly Mach 

1.5 – faster than the speed of sound. 

“Both business and commercial aviation 

have been stuck at about the same speed 

since the dawn of the jet age—around .8 

to .9 Mach,” says Aerion Corporation’s Vice 

President, Marketing & Communications, 

Jeff Miller. “Flying faster with efficiency 

requires advances in aerodynamics. 

Aerion has been developing, proving, and 

patenting advanced aerodynamic concepts 

Aerion Air 

is developing 

commercial aircraft 

that could again 

take business travel 

pass the speed 

of sound. 

for nearly 20 years. In conjunction with 

NASA, Aerion has flown and proven new 

wing designs employing a drag-reducing 

concept known as SNLF.” 

The company has also successfully 

demonstrated SNLF design in transonic wind 

tunnels. SNLF, which comes after decades of 

research and development, has the potential 

to reduce friction drag over the wing by 60 

percent or more, and over a total airframe 

by 20 percent. “These large efficiency gains 

open the door to a renaissance in supersonic 

travel,” says Miller. 

The new technology has piqued the interest 

of corporations, travelers, and government 

entities, curious about its unprecedented 

speed. 

“The market 

for subsonic 

aircraft is 

crowded 

with multiple 

offerings in 

light, mid, longrange 

and ultralong-range 

segments,” 

explains Miller. 

“By contrast, 

there is only 

one supersonic 

jet that is well 

into the industrialization phase—the AS2.” 

Traveling at a speed of Mach 1.5, the 

AS2 is expected to be 67 percent faster 

than the top cruise speeds of current 

long-range subsonic jets. Carrying eight 

to 12 passengers, the business jet has 

an intercontinental-capable range of 

4,750 nautical miles (8,800 kilometers) at 

supersonic speed. 

“We’re making it faster, by saving hours 

on every international flight,” continues 

Miller. “Day trips across the Atlantic will 

be possible. Trans-Pacific travelers can 

save five or six hours on each crossing. 

Because the AS2 is so aerodynamically 

advanced, we do not rely on a narrow cabin 

for speed (Concorde passengers will recall 

the experience as exciting, but cramped). 

The AS2 cabin has the cross section 

dimensions of today’s long-range jets. It 

will provide the advantage of exceptional 

comfort, while also sparing passengers 

hours in the air.” 

Charter operator Flexjet is the first 

purchaser of the supersonic business jet, 

signing a letter of intent for 20 of Aerion’s 

supersonic jets. The two companies have 

promised to work together to design unique 

interiors for the Flexjet fleet. Known for 

its fractional ownership and Flexjet Jet 

Card, the charter company anticipates 

its customer base to take full advantage 

of the AS2’s speed to meet demanding 

travel schedules, including round trip 

intercontinental travel. 

While the company’s main focus is to 

design and deliver the AS2, Aerion Corp 

is looking to capitalize on every market 

looking for fast and efficient travel, over 

long distances. “Asian business aviation 

users understand that they will have a new 

business tool available to them that makes 

them much more productive, especially 

over long, intercontinental routes,” advises 

Miller. “Even regionally, given the distances 

involved, say from China to Australia, they 

will save hours.” 

At a projected price of US$120M, the AS2 is 

almost twice the price of slower business 

jets on the market. Although the hefty price 

tag means relatively little when compared 

to the value of time for prospective owners, 

likely including multinational corporations. 

Aerion Corp’s AS2 supersonic business jet 

will make its first flight in 2022, with entry 

into service in 2024. 

www.aerionsupersonic.com 



G+1+ 

CHARTER FLEET SUMMARY 

Charter Fleet by OEM & Country – Asia-Pacific Region 

South Korea 3 (1%) 

Philippines 4 (1%) 

Taiwan 5 (2%) 

Malaysia 8 (3%) 

Japan 11 (4%) 

Hong Kong 13 (4%) 

Indonesia 16 (6%) 

Thailand 18 (6%) 

Singapore 30 (10%) 

Australia 57 (20%) 

21+20+20+10+6+6+4+4+3+2+1+1+1 

287 

New Zealand 3 (1%) 

Macau 2 (1%) 

India 60 (21%) 

China 57 (20%) 

India 

China 

Australia 

Singapore 

Thailand 

Indonesia 

Hong Kong 

Japan 

Malaysia 

Taiwan 

Philippines 

New Zealand 

South Korea 

Macau 

Total 

Bombardier 12 19 22 20 2 6 2 3 1 1 1 89 

Gulfstream 3 22 3 9 5 1 5 4 3 1 1 57 

Cessna 15 24 6 1 4 1 1 52 

Hawker 13 5 3 1 7 5 1 35 

Embraer 5 6 2 7 1 21 

Dassault 11 1 1 2 1 1 17 

Boeing 4 2 1 7 

IAI 2 1 1 4 

Airbus 1 1 1 1 4 

Dornier 1 1 

Total 60 57 57 30 18 16 13 11 8 5 4 3 3 2 287 

Fleet Age Distribution – Asia-Pacific Region 

Charter Fleet 

SUMMARY 

25 

20 

15 

10 

5 

0 

1975 1980 1985 1990 1995 2000 2005 2010 2015 





Charter Fleet by Size Category & Country – Asia-Pacific Region 

India 

China 

Australia 

Singapore 

Thailand 

Indonesia 

Hong Kong 

Japan 

Malaysia 

Taiwan 

Philippines 

South Korea 

New Zealand 

Macau 

Total 


Light 53 (18%) 

4+22+30+21+18+5+G 

287 

Corp. Airliner 13 (4%) 


Mid-Size 59 (21%) Large 86 (30%) 

India 

China 

Australia 

Singapore 

Thailand 

Indonesia 

Hong Kong 

Japan 

Malaysia 

Taiwan 

Philippines 

New Zealand 

South Korea 

Macau 

Total 

Corp. Airliner 2 4 2 1 1 1 1 1 13 

Long Range 6 8 16 16 1 4 6 2 2 1 1 63 

Large 19 12 26 9 9 4 4 1 1 1 86 

Mid-Size 16 7 11 4 9 5 3 1 2 1 59 

Light 14 23 1 6 2 3 1 1 2 53 

Very Light 3 7 2 1 13 

Total 60 57 57 30 18 16 13 11 8 5 4 3 3 2 287 

Summary – Aircraft Models by Base Country 

LONG RANGE CORP. AIRLINER 

India 

China 

Australia 

Singapore 

Thailand 

Indonesia 

Hong Kong 

Japan 

Malaysia 

Taiwan 

Philippines 

South Korea 

New Zealand 

Macau 

Total 

BBJ 4 2 1 7 

ACJ 318 1 1 2 

ACJ 319 1 1 2 

Dornier 328 Jet 1 1 

Lineage 1000 1 1 

G550 1 12 1 1 15 

Global 6000 1 3 6 2 2 14 

Global Express XRS 1 1 4 1 1 8 

G650 4 1 5 

Global 5000 1 1 3 1 1 7 

Global Express 1 1 1 4 1 8 

GV 1 1 1 1 4 

Falcon 7X 1 1 2 

VERY LIGHT 

LIGHT 

MID-SIZE 

LARGE 

Legacy 600/650 3 6 1 7 1 18 

G450 7 1 2 1 1 12 

Challenger 604 2 2 5 1 10 

Challenger 850 1 7 1 1 10 

Challenger 605 1 3 1 1 1 7 

Falcon 2000 6 6 

GIV/-SP 1 2 3 1 1 8 

Challenger 600/601 2 1 3 

Falcon 2000LX/LXS 2 1 3 

Falcon 2000EX/EASy 1 1 2 

CRJ100 1 1 

Falcon 900/C 1 1 


Falcon 900LX 1 1 

G300 1 1 

G400 1 1 


Hawker 800A/B/XP/XPI 4 2 2 1 2 1 12 

G200 1 2 4 2 1 10 

Hawker 850XP 6 1 2 9 

Challenger 300 3 4 1 1 9 

Hawker 900XP 1 2 4 7 

Citation Sovereign 3 1 4 

Citation X/+ 1 1 2 


Falcon 50/EX 1 1 

G100/G150 1 1 

Hawker 1000B 1 1 

Hawker 750 1 1 

Learjet 60/XR 1 1 

Citation S/II/Bravo/II/SP 5 3 2 10 

Citation CJ2/+ 4 1 1 6 

Citation III/VI/VII 4 1 1 6 

Citation Excel/XLS/+ 5 5 

Citation Ultra/V 2 2 4 

Westwind 2 2 1 1 4 

Citation 500/I/SP 3 3 

Hawker 400/A/XP 2 1 3 

Learjet 35/A 2 1 3 


Learjet 45/XR 2 2 



Citation Encore+ 1 1 

Learjet 31 1 1 

Phenom 300 1 1 

Citation Mustang 5 1 6 

Citation CJ1/+/M2 1 1 1 3 

Phenom 100 1 1 2 

Premier I/IA 1 1 2 

Total 60 57 57 30 18 16 13 11 8 5 4 3 3 2 287 



ASIAN SKY GROUP CHARTER TRIPS 

Charter Trips 

INTERVIEW WITH CARMEN CHAN, 

CHARTER DEPARTMENT 


WINE BARRELS 

T 

hinking about traveling the 

world but unsure of where 

to begin? Asian Sky Group’s 

(ASG) Charter Services is 

the perfect starting point, 

with endless solutions and possibilities. 

ASG is presenting an array of 

tailor-made holidays 

to suit even the most discerning clientele. 

GOLF CLUB 

Over the summer of 2016, a group of VIPs 

hopped aboard a Dassault Falcon 7X for 

a week-long European vacay. The group 

of 10 traveled the continent, beginning 

in London before heading to Lake Como. 

Milan followed before setting sail across 

the French Riviera and lounging in Saint 

Tropez and then Monaco, before finally 

heading back to London. Throughout the 

trip, arranged by ASG, the guests feasted 

on Italian and French delicacies from worldrenowned 

restaurants, shopped in Italy’s 

fashion capital and enjoyed relaxation and 

pampering from some of the best five-star 

hotels in the world. 

If this agenda doesn’t match your ideal 

itinerary, there’s plenty more. In 2017, 

ASG is presenting an array of tailor-made 

holidays to suit even the most discerning 

clientele. 

to fly into the city for a world-class Harrods’ 

shopping experience. Upon arrival, you’ll 

be greeted by the department store’s world 

famous personal shopping team. Whether 

you’re looking to update your wardrobe with 

the latest designer fashions or update your 

home decor, your personal shopping team 

will be ready to assist, leaving you the envy 

of all your friends. 

Looking for more action? Check out the 

biggest teams in the English Premier 

League (EPL) all from a cozy, VIP box. 

Guests will enjoy a personalized menu, 

while experiencing the excitement of one 

of the world’s best professional soccer 

leagues. To top it all off, guests will have 

the opportunity to meet their favorite 

players in an exclusive post-match meet 

and greet session. 

Quintessentially British, the world famous 

London-based department store Harrods 

has teamed with ASG to offer the ultimate 

shopping experience. Prepare to be 

whisked away to London, where you’ll be 

met by a private Sikorsky helicopter ready 

For a more relaxed and reserved holiday, 

take a trip to one of the most prestigious 

wine regions in the world – Bordeaux, 

France. Guests will be chauffeured to 

the top chateaus, with a chance to see 

vineyards, cellars and barrel rooms, and 

ANIMAL MIGRATION IN AFRICA 

CLASSIC LONDON LUXURY SHOPPING LIVE FOOTBALL MATCH 


LUXURY RESORTS 

consume some of the finest wine in the 

world. Sommeliers will introduce vintage 

wines, paired with fine cuisine. After a visit to 

a few well-known wineries, guests will enjoy 

the sights of Bordeaux, where 18th and 19th 

century architecture lines the roads. 

performances of opera, plays and concerts. 

A soulful alternative to Salzburg is the 

Montreux Jazz Festival (June 30-July 15), 

held in Switzerland. Overlooking the Lake 

Geneva shoreline, the annual festival has 

included the likes of famous performers 

in the jazz, blues, soul and 

rock genres. Trips to music 

festivals throughout Europe 

can also be organized, at 

request. 

MONASTERY 

Experience a romantic honeymoon, 

plan a picture perfect beach wedding or 

just enjoy vacation, complete with thrill 

seeking or soothing relaxation on exotic 

islands in Malaysia. Award-winning 

luxury resort Berjaya Hotels & Resorts 

delivers unmatched experiences at its 

locations across Malaysia, as well as in 

the Philippines, Vietnam, Sri Lanka, the 

Seychelles, and in London. Enjoy the serene 

waters of Langkawi, rejuvenate your body 

with a spa treatment in Kuala Lumpur or 

discover underwater life in the Seychelles. 

Whatever the desire, for any occasion, all 

requests can be met. 

The Salzburg Festival (July 21-Aug 30), 

held annually in the Austrian town of 

Salzburg – the birthplace of Mozart, is the 

prominent festival of music and drama. 

Established in 1920, this festival is ideal 

for those captivated by high caliber artistic 

One of the most 

spectacular sights in 

wildlife is East Africa’s 

Great Migration, when up to 

two million wildebeest and 

zebra traverse the plains 

traveling into Kenya, with 

predators in pursuit. Guests 

will observe the migration in off-road 

vehicles, guided by experienced expedition 

leaders offering knowledge on the animals 

and local culture. After experiencing the 

phenomenon, luxurious and intimate 

lodges await, ready to provide a good 

night’s rest under the stars. 

A more prosperous getaway can include a 

trip to the U.S. or Australia, where potential 

future property investments can be scoped 

out in metropolitans across each country. 

While abroad, take the time to visit and 

learn about leading educational institutions 

for children. This trip will offer invaluable 

insight on the American and Australian 

education systems, as well as providing 

sound investment knowledge on real estate 

purchases throughout each country. 

www.asianskygroup.com/charter 



POPULAR MODELS FOR CHARTER 

Corporate Airline - Boeing BBJ 

RANGE FROM HONG KONG 

79.2 ft 

Join thousands of top business aviation leaders, entrepreneurs, 

and other purchase decision-makers for the Asian Business 

Aviation Conference & Exhibition (ABACE2017). This is the 

perfect venue for investors considering aviation as a business 

opportunity; companies thinking of using an aircraft for 

business; and flight departments who have long used 

aircraft as a valuable business tool. Visit the website to 

learn more and register today. 

7.1 ft 

REGISTER TODAY 

www.abace.aero 

11.5 ft 





Long Range - Bombardier Global 6000 

Long Range - Gulfstream G550 

43.3 ft 

43.9 ft 



6.2 ft 

6.2 ft 

7.9 ft 

7.3 ft 




Large - Gulfstream G450 

40.3 ft 

CHARTER 

Directory 


For a quick look at aviation service providers in Asia Pacific, ASG’s Charter Directory Page offers 

valuable information. Complete with a list of selective operators including FBOs, charter aircraft, 

brokers and ground support, this Charter Directory showcases necessary information for those 

ready to embark on a charter journey including a brief description of each provider’s services, 

contact information, as well as a glance into the interior design of some of their charter fleet. 

6.2 ft 

7.3 ft 



CHARTER DIRECTORY: AUSTRALIA 

CHARTER DIRECTORY: CHINA | HONG KONG 



CHARTER DIRECTORY: CHINA 

CHARTER DIRECTORY: CHINA | HONG KONG 



CHARTER DIRECTORY: CHINA | HONG KONG | MACAU 

CHARTER DIRECTORY: MALAYSIA | SOUTH KOREA 



CHARTER DIRECTORY: MYANMAR | PHILIPPINES 

CHARTER DIRECTORY: SINGAPORE 



CHARTER DIRECTORY: THAILAND | GLOBAL 

REDEFINING THE WORLD OF 

LUXURY PRIVATE FLIGHT zettajet.com 

Zetta Jet combines the very best in talent, facilities and 

technology to deliver a revolutionary flight experience. 

Contact our 24x7 global concierge desk for a customised 

flight itinerary to meet your travel desires. 

We strive to deliver the ultimate in luxury travel. 

Truly personalised, private flight. 

It’s about time 

Concierge Desk 

T (US) +1 888 995 7908 

T (SG) +65 6483 8870 


NEW YORK | LONDON | LOS ANGELES | BEIJING | SINGAPORE | SHANGHAI 

FAA Certificate Number I1DA914J

78 Luxury Chartering | Issue One

Luxury Chartering 2017

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