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MOOD & INT<strong>EN</strong>TIONS: ASIA-PACIFIC REGION SURVEY 2017 Q1<br />

WHAT IS OUR CURR<strong>EN</strong>T ECONOMIC STATUS?<br />

Not Reached Low Point At Low Point Past Low Point<br />

Greater China<br />

38%<br />

36% 26%<br />

South & East Asia<br />

21%<br />

43% 36%<br />

Central Asia<br />

16%<br />

32% 52%<br />

Oceania<br />

38%<br />

26% 36%<br />

In Greater China, 26% of the respondents believe that the economy is<br />

past its low point, a 6% drop from 2016 Q4 and 36% of the respondents<br />

believe that the current economy is at its bottom – a 16% increase from<br />

2016 Q4. Therefore, in 2017 Q1 more respondents in Greater China<br />

believe the economy will get better. However despite this improvement<br />

and the optimisitc mood prevalent in the Asia Pacific region as a<br />

whole, Greater China together with Oceania still remain the two most<br />

pessimistic regions. Respondents from Central Asia are still the most<br />

optimistic in the region.<br />

In general, respondents who believe that the current economic situation<br />

has passed its low point or is at its low point can be described as<br />

optimistic. In 2017 Q1, 73% of the respondents believed that the Asia<br />

Pacific region’s economy can improve in the future – a 7% increase<br />

compared to 2016 Q4 and a 20% increase since 2016 Q1.<br />

34+0+0+0+0+0+0+0+0 43+0+0+0+0+0+0+0+0 24+0+0+0+0+0+0+0+0 3433+0+0+0+0+0+0+0+<br />

28+0+0+0+0+0+0+0 3924+0+0+0+0+0+0<br />

44+0+0+0+0+0+0+0+0 33+0+0+0+0+0+0+0+019 29+0+0+0+0+0+0+0+0 37+0+0+0+0+0+0+0+0 33+0+0+0+0+0+0+0+0 32+0+0+0+0+0+0+0+0<br />

HOW IS YOUR AIRCRAFT UTILIZATION COMPARED TO 12 MONTHS AGO?<br />

2015 Q4 2016 Q1 2016 Q2 2016 Q3 2016 Q4 2017 Q1<br />

14+0+0+0+0 17+0+0+0+0 10+0+0+0+0 8+0+0+0+0 20+0+0+0+0 26+0+0+0+0 19+0+0+0+0 16+0+0+0+0 33+0+0+0+0 28+0+0+0+0 32+0+0+0+0 1424+0+0+0+0 21+0+0 19+0<br />

30+<br />

14+0+0+0+0 19+0+0+0+0 33+0+0+0+0 20+0+0+0+0<br />

44%<br />

43%<br />

37%<br />

33% 34%<br />

33% 33% 32%<br />

29%<br />

28%<br />

24%<br />

24%<br />

Decreased<br />

The same<br />

33% 33%<br />

32%<br />

28%<br />

26%<br />

24%<br />

19% 20%<br />

17%<br />

19%<br />

14% 14%<br />

16%<br />

10% 8%<br />

19%<br />

30%<br />

20%<br />

21%<br />

19% 21%<br />

34% 33%<br />

29%<br />

Increased<br />

39%<br />

52%<br />

18% 21%<br />

14%<br />

12%<br />

10%<br />

Down 20% or more<br />

(20%)<br />

FIRST QUARTER 2017 — ASIAN SKY QUARTERLY | 7

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