ASQ7 EN (20170705)
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
MOOD & INT<strong>EN</strong>TIONS:<br />
ASIA-PACIFIC REGION SURVEY 2017 Q2<br />
In May 2017, over 400 respondents (a 20% increase from Q1)<br />
participated in ASG’s survey on the mood and intentions of the current<br />
business aviation market in the Asia-Pacific region.<br />
Regions with the most respondents include:<br />
1. South and East Asia (160 respondents (40%), including<br />
Malaysia, Indonesia, Singapore, Philippines, Thailand, Japan, and<br />
South Korea)<br />
2. Central Asia (82 respondents (21%), including India,<br />
Pakistan, and others.)<br />
3. Greater China (74 respondents (19%), including Mainland<br />
China, Taiwan, Hong Kong and Macau)<br />
4. Oceania (60 respondents (15%), Australia, New Zealand and<br />
Papua New Guinea)<br />
TOP 10 RESPOND<strong>EN</strong>T’S LOCATION<br />
Japan 12 (4%)<br />
Thailand 14 (5%)<br />
Singapore 21 (7%)<br />
Philippines 25 (8%)<br />
China 28 (9%)<br />
Malaysia 32 (11%)<br />
16+16+13+11+11+9+8+7+5+4+G<br />
76 %<br />
OF TOTAL<br />
RESPOND<strong>EN</strong>TS<br />
India 50 (16%)<br />
Australia 47 (16%)<br />
Indonesia 39 (13%)<br />
Hong Kong 34 (11%)<br />
RESPOND<strong>EN</strong>T LOCATION BREAKDOWN<br />
RESPOND<strong>EN</strong>T’S AIRCRAFT TYPE<br />
Worldwide with Activity<br />
in APAC 24 (6%)<br />
Oceania 60 (15%)<br />
Greater China 74 (19%)<br />
Central Asia 82 (20%)<br />
40+20+19+15+6+G<br />
400<br />
RESPOND<strong>EN</strong>TS<br />
South & East Asia 160 (40%)<br />
Helicopters 84 (31%)<br />
69+31+G<br />
Business Jets or<br />
Turboprops 188 (69%)<br />
WHAT IS OUR CURR<strong>EN</strong>T ECONOMIC STATUS?<br />
(QUARTERLY COMPARISON)<br />
Optimistic<br />
(Will get better)<br />
Past Low Point<br />
22%<br />
25%<br />
At Low Point<br />
30%<br />
30%<br />
24%<br />
30%<br />
26%<br />
27%<br />
36%<br />
38%<br />
45%<br />
100%<br />
90%<br />
80%<br />
70%<br />
60%<br />
30%<br />
50%<br />
Not Reached Low Point<br />
35%<br />
34%<br />
40%<br />
Pessimistic<br />
(Will get worse)<br />
45%<br />
48%<br />
46%<br />
47%<br />
34%<br />
27%<br />
21%<br />
30%<br />
20%<br />
10%<br />
0%<br />
2015<br />
Q4<br />
2016<br />
Q1<br />
2016<br />
Q2<br />
2016<br />
Q3<br />
2016<br />
Q4<br />
2017<br />
Q1<br />
2017<br />
Q2<br />
The optimistic economic mood has reached its highest point since<br />
ASG started this survey. During 2017 Q2, 45% of the total respondents<br />
believed that the economy has passed its low point and will improve,<br />
a significant 7% increase from last quarter. Alternatively, 21% of<br />
respondents believed that the economy has not reached its low point<br />
and will continue to get worse, a 6% drop from last quarter. The number<br />
of respondents who believed that the economy reached a low point in<br />
May 2017 is 34%, which is 1% lower compared to the 2017Q1 survey.<br />
6 | ASIAN SKY QUARTERLY — SECOND QUARTER 2017