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MOOD & INT<strong>EN</strong>TIONS:<br />
ASIA-PACIFIC REGION SURVEY 2017 Q1<br />
In February 2017, over 320 respondents participated in ASG’s survey on<br />
the mood and intentions of the current business aviation market - the<br />
survey’s highest number ever. Regions with the most respondents were:<br />
1. South & East Asia (91 respondents (28%), including Indonesia, Singapore,<br />
Philippines, Malaysia, Thailand, Japan, and South Korea)<br />
2. Central Asia (88 respondents (27%), including India, Pakistan, others.)<br />
3. Greater China (77 respondents (24%), including Mainland China, Taiwan,<br />
Hong Kong and Macau)<br />
4. Oceania (50 respondents (16%), including Australia, New Zealand and Papua<br />
New Guinea)<br />
TOP 5 RESPOND<strong>EN</strong>T’S LOCATION<br />
Indonesia 20 (10%)<br />
Hong Kong 29 (15%)<br />
31+23+21+15+10+G<br />
63 %<br />
India 63 (31%)<br />
OF TOTAL APAC<br />
RESPOND<strong>EN</strong>TS<br />
Australia 43 (21%) China 47 (23%)<br />
RESPOND<strong>EN</strong>T LOCATION BREAKDOWN<br />
Others 17 (5%)<br />
Oceania 50 (16%)<br />
Greater China 77 (24%)<br />
28+27+24+16+5+G<br />
320 +<br />
RESPOND<strong>EN</strong>TS<br />
South & East Asia 91 (28%)<br />
Central Asia<br />
88 (27%)<br />
RESPOND<strong>EN</strong>T’S AIRCRAFT TYPE<br />
Helicopters 75 (29%)<br />
WHAT IS OUR CURR<strong>EN</strong>T ECONOMIC STATUS?<br />
(QUARTERLY COMPARISON)<br />
71+29+G<br />
Business Jets or<br />
Turboprops 187 (71%)<br />
MARKET MOOD OF CURR<strong>EN</strong>T ECONOMY<br />
Pessimistic<br />
(Will get worse)<br />
2017 Q1 27% 73%<br />
2016 Q4 34% 66%<br />
2016 Q3 47% 53%<br />
2016 Q2 46% 54%<br />
Neutral<br />
Optimistic<br />
(Will get better)<br />
2016 Q1 48% 52%<br />
Past Low Point<br />
35+27+38+G 30+34+36+G 27+47+26+G 30+46+24+G<br />
38%<br />
36%<br />
26%<br />
24%<br />
46%<br />
47%<br />
34%<br />
27%<br />
2017 Q1<br />
2016 Q4<br />
2016 Q3<br />
2016 Q2<br />
35%<br />
30%<br />
27%<br />
30%<br />
At Low Point<br />
Not Reached Low Point<br />
The optimistic economic mood continued to improve in 2017 Q1, with<br />
38% of the total respondents believing that our economy has passed<br />
its low point and will get better, a 3% increase from 2016 Q4. 27% of<br />
respondents believe that the economy has not reached its low point<br />
and will get worse, which is a 7% drop from 2016 Q4. The number of<br />
respondents who believe that the economy in 2017 Q1 was at its low<br />
point is 35%, which is 5% higher compared to the 2016 Q4 survey.<br />
6 | ASIAN SKY QUARTERLY — FIRST QUARTER 2017