Asian Sky Quarterly 2021 Q3

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ASIA-PACIFIC MOOD & INTENTIONS RESPONDENT BREAKDOWN RESPONDENTS LOCATIONS Oceania (6%) Central Asia & Middle East (39%) Rest of the World (9%) Greater China (16%) TOP 10 RESPONDENT’S LOCATIONS Sri Lanka (4%) Malaysia (5%) SE & NE Asia (30%) India (29%) Results Summary in Q3 2021 1. Economic slowdown, lead by China, affected Q3’s market confidence, with no increase in optimisim seen over Q2. 2. Aircraft utilization continues to increase. 3. A huge increase of 58% brokers evaluated the current pre-owned market and categorized it as a “Seller’s Market”. 4. When asked to rank the factors affecting business aviation industry, “Value for Price Paid” overtook “Cabin Sanitation” to become the number one factor. In Q3 2021 nearly 350 business aviation professionals responded to ASG’s latest quarterly survey about the mood and intentions in the industry. Australia (5%) United States (6%) United Arab Emirates (6%) Mainland China (7%) Thailand (7%) Singapore (9%) Hong Kong (12%) Philippines (10%) The regions with the most respondents include: 1. Greater China (16%) 2. Southeast and Northeast Asia (30%) 3. Central Asia & Middle East (39%, incl. India, Pakistan, UAE etc.) 4. Oceania (6%) RESPONDENT’S RELATED AIRCRAFT TYPE Turboprop (22%) The majority (62%) of respondents are related to business jets operations. Civil Helicopter (16%) RESPONDENTS CATEGORY Business Jet (62%) In total, 67% of respondents from this quarter’s survey are from aircraft services providers (FBO, MRO, etc.) and aircraft operators. This was followed by smaller percentages of aircraft brokers (6%), and aircraft end users (4%). The remainder of the respondents are from other associated areas. Aircraft Owner / Charter User (4%) Aircraft Sales / Charter Broker(6%) Others** (23%) Aircraft Service Providers* (40%) COVID-19 Pandemic Asia-Pacific In the third quarter we saw some back and forth over what the industry felt the continuing impact of the COVID-19 pandemic was. Aircraft Operator /Management Company (27%) * Aircraft Service Providers include: financial services, training, FBO, ground handlers, Service, MRO, parts, etc. ** Others include law firms, research facilities and government officials 20 | ASIAN SKY QUARTERLY — THIRD QUARTER 2021
MOOD & INTENTIONS A new low of 32% of respondents believe that market demand won’t return before the end of the year, and 65% still say that COVID-19 is seriously affecting their business – 3% higher than the previous quarter. COVID-19 IMPACT IN ASIA-PACIFIC Has the COVID-19 outbreak affected you or your organization’s business so far? This quarter saw economic optimism levels stay broadly the same as the previus quarter at 83%. However, there was a marked decrease in optimism from Great China respondants, with 80% saying they are optimistic about the economy – a decrease of 6% from Q2. Chinese manufacturers signaled a slight deterioration in business conditions in Q3, not helped by the recent COVID-19 outbreak in Nanjing City, with the resulting containment and restrictions having an impact on the market, especially on the supplier side. 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q3 6% 4% 5% 5% 3% 2% 3% 1% 2% 1% 1% 1% 72% 71% 68% 68% 65% 63% 27% 28% 29% 25% 25% 24% Aircraft Utilization According to German business aviation consultancy WingX Advance, flight actitity in Asia-Pacific in Q3 was on par with the same quarter in 2019 – prior to the onset of the pandemic. This was especially noticeable in September, when flight activity was above the same month of 2019. Hard to tell Not affected Seriously affected Somewhat affected Do you foresee market demand bouncing back in the 2nd half-year of 2020/1st half year of 2021? Hard to tell at the moment No Yes Respondents across all regions said that their flight 40% 38% 38% 36% 27% 33% 32% activity had increased by 6% to 46% in Q3 2021, yet a high proportion of respondents (41%) that say that the flight activities have decreased. 24% 27% 29% 32% 44% 41% 38% Purchase Intentions 36% 35% 34% 33% 30% 26% 31% The percentage of respondants saying that they have intentions to acquire additional aircraft remained flat at 47.3%, although there was a swing to pre-owned purchase intentionas from new. The percentage of respondents that felt “Not Sure” of purchasing aircraft in this quarter was 52.7%. 2020Q1 2020Q2 2020Q3 2020Q4 Rank the following factors that you think are critical to the future of business aviation / general aviation (the lower the better): Value for Price Paid 2.5 2021Q1 2021Q2 2021Q3 The main limiting factor that is stopping Chinese users acquiring additional aircraft was once again “Government / Public Opinion” this quarter. Privacy 3.6 4.0 Customer Service 2.7 More Important Maintenance Support 3.4 3.0 Flexibility / Punctuality Cabin Sanitation THIRD QUARTER 2021 — ASIAN SKY QUARTERLY | 21
Page 1 and 2: THIRD QUARTER 2021 FEATURES SINO JE
Page 3 and 4: CONTENTS PUBLISHER EDITORIAL & MARK
Page 5 and 6: SINO JET World’s Leading Private
Page 7 and 8: COMMENTARY: GLOBAL JET CAPITAL GLOB
Page 9 and 10: COMMENTARY: GLOBAL JET CAPITAL FOR
Page 11 and 12: \ BUSINESS AVIATION SIMPLIFIED. THE
Page 13 and 14: MARKET UPDATE HEAVY JET SHORT TERM
Page 15 and 16: MARKET UPDATE TURBOPROP SHORT TERM
Page 17 and 18: ECONOMICS AUSTRALASIA | AUSTRALIA,
Page 19 and 20: ECONOMICS SOUTHEAST ASIA | INDONESI
Page 21: THIRD QUARTER 2021 — ASIAN SKY QU
Page 25 and 26: MOOD & INTENTIONS What is the curre
Page 27 and 28: FLEET UTILIZATION Summary : Aircraf
Page 29 and 30: SPECIAL FEATURE FLIGHTS DEPARTING A
Page 31 and 32: SPECIAL FEATURE FLIGHT ACTIVITY 350
Page 33 and 34: SPECIAL FEATURE TOP OEM FLEET ACTIV
Page 35 and 36: THIRD QUARTER 2021 — ASIAN SKY QU
Page 37 and 38: FEATURE: SINO JET Unprecedented Cha
Page 39 and 40: www.baasia.com 4000 528 666 marketi
Page 41 and 42: EXCLUSIVE: CHARLES FABRIKANT Interv
Page 43 and 44: We know your engine better because
Page 45 and 46: COMMENTARY: FLYING GREENER WITH SUS
Page 47 and 48: THIRD QUARTER 2021 — ASIAN SKY QU
Page 49 and 50: Workshops, stores, staff and custom
Page 51 and 52: EXCLUSIVE: ASGVEC RECAP “This is
Page 53 and 54: FEATURE: IADA All that changed in 2
Page 55 and 56: DC AviAtion Al-FuttAim unites quAli
Page 57 and 58: AIRCRAFT SPOTLIGHT: DASSAULT FALCON
Page 59 and 60: PRE-OWNED MARKET SPOTLIGHT: CITATIO
Page 65 and 66: MARKET DYNAMICS WORLDWIDE % OF FLEE
Page 67 and 68: MARKET DYNAMICS MARKET POSITIONING
Page 69 and 70: MARKET DYNAMICS % OF AC SOLD / TOTA
Page 71 and 72: MARKET DYNAMICS MARKET POSITIONING
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MARKET SUMMARY AIRCRAFT POSITIONING
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MARKET SUMMARY BBJ & BBJ2 PERFORMAN
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MARKET SUMMARY CHALLENGER 604, 605
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MARKET SUMMARY GLOBAL EXPRESS, 5000
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MARKET SUMMARY CITATION LATITUDE Av
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MARKET SUMMARY FALCON 2000LX/LXS/S
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MARKET SUMMARY PHENOM 300 Average A
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MARKET SUMMARY G200 Average Asking
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MARKET SUMMARY G650 & G650 ER Avera
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MARKET SUMMARY AIRCRAFT ACQUISITION
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MARKET SUMMARY EC135P2 & T2 $2.4 $1
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MARKET SUMMARY BELL 206 JETRANGER /
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MARKET SUMMARY AW109SP GRANDNEW Ave
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THIRD QUARTER 2021 — ASIAN SKY QU
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Asian Sky Quarterly 2021 Q3

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