Business Jet Fleet Report YE2020

BUSINESS JET TRANSACTIONS
New Deliveries
FLEET SIZE (UNITS)
AIRCRAFT VALUE ($M)
54 2018
$2,624
45
2019
$2,462
38
2020
$2,101
Pre-owned Transactions
FLEET SIZE (UNITS)
AIRCRAFT VALUE ($M)
177 58
13 41
65 2018
984
429 195 924
120 35 5 31
49
2019
601 339 125 591 $1,656
121 44 8 30 39
2020
555 243 121 603 $1,522
$2,532
Domestic Transactions
Regional Transactions
Into APAC
Out of APAC
23
13 12 141113
Greater
China
DOMESTIC TRANSACTIONS
2018
Oceania
2019 2020
9 7 8 8
1 2 1 2 1
Southeast
Asia
South
Asia
East Asia
TRANSACTION:
DOMESTIC TRANSACTIONS:
REGIONAL TRANSACTIONS:
INTO APAC:
OUT OF APAC:
Only include whole sale transactions. Share/lease/
internal transactions are not included.
Transaction takes place within same country.
Transaction takes place within Asia-Pacific
(E.g., Aircraft sold from China to buyer in Singapore)
Aircraft sold by seller based outside of Asia-Pacific;
Aircraft is now based in Asia-Pacific.
Aircraft sold by seller based in Asia-Pacific; Aircraft is
now based outside of Asia-Pacific.
In terms of market value, new deliveries declined from US$2.46
billion in 2019 to US$2.10 billion in 2020. Pre-owned transactions
saw a small increase from 120 aircraft in 2019 to 121 aircraft in
2020. However, despite this increase, the market value of preowned
transactions actually saw a significant reduction – from
US$1.66 billion in 2019 to US$ 1.52 billion in 2020.
With regards to the transaction activity, light size category saw
the biggest growth – from 28 (ten new deliveries and 18 preowned)
to 37 (eight new deliveries and 29 pre-owned), giving
the net addition of nine aircraft. Long-range aircraft transactions
increased by five - from 57 (20 new deliveries and 37 pre-owned)
in 2019 to 62 (25 brand-new and 37 pre-owned) in 2020. On the
other hand, large aircraft transactions saw the largest decrease by
13 – from 42 (eight new deliveries and 34 pre-owned) in 2019 to
29 (all pre-owned) in 2020. Also notable amongst the pre-owned
transactions was a decrease in corporate airliner transactions
– from nine in 2019 to five in 2020, which would explain the
reduction in the pre-owned transaction market value, despite the
increase in transaction activity.
Despite the fact that light jets increased the most in
transaction activity, long-range jets remained the most
frequently transacted aircraft category in 2020, equating to a
transaction value of US$0.9 billion.
18 ASIA-PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2020