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2021 China General Aviation Report

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GA MARKET OVERVIEW<br />

Amongst general aviation flight operations, the flight hours of<br />

license training accounted for 65% and ranked the highest in<br />

2020. Next was the utility and air tourism, with a market share of<br />

26%. The remainder includes transportation and charter, which<br />

accounts for 9% of the market share.<br />

The number of general aviation operators has shown continuous<br />

growth since 2014. However, this trend has gradually slowed.<br />

In June <strong>2021</strong>, 454 general aviation operators were operating in<br />

mainland <strong>China</strong> - two fewer than at the end of 2020. Additionally,<br />

newly added operators experienced continuous growth from<br />

2013, reaching a peak in 2018. There were 109 new operators<br />

starting business operations in 2018. After 2018 the number of<br />

new enterprises gradually reduced. For the first half of <strong>2021</strong>, there<br />

were a total of 23 newly added operators.<br />

During the same period a total of 25 operators ceased operations,<br />

marking the first time that there were more operators closing<br />

operations than beginning. A lot of the operators that suspended<br />

operations specialized in license training or sky tours. The rest<br />

included business charter flights, forestry, or EMS. The majority of<br />

operators are small enterprises.<br />

In June <strong>2021</strong>, the number of general aviation aircraft was 3,066,<br />

giving a growth rate of 4% compared to the end of 2020. The<br />

number of aircraft has seen continuous growth since 2014. The<br />

growth reduced in 2016 and then bounced back in 2017. Since<br />

then it has been slowly declining.<br />

As of June <strong>2021</strong>, fixed-wing turboprops and pistons accounted<br />

for 52% of the general aviation market share in mainland <strong>China</strong><br />

and ranked first amongst various aircraft types. Helicopters and<br />

business jets came second and third, each with a market share of<br />

34% and 12%, respectively. The rest of the general aviation aircraft<br />

accounted for 2% of the fleet.<br />

When comparing the growth trend amongst flight hours, the<br />

number of operators, and aircraft, Asian Sky Group expects that<br />

the general aviation market will maintain its positive growth during<br />

<strong>2021</strong>. Furthermore, the growth stage is over. Now, the market<br />

is facing a trend of the biggest operators gradually becoming<br />

stronger and larger.<br />

6 | CHINA GA REPORT <strong>2021</strong>

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