Asian Sky Quarterly 2022 Q1

More documents

Recommendations

Info

PRE-OWNED MARKET SPOTLIGHT: CHALLENGER 300 & 350 HISTORY AND MODEL INTRODUCTION During the late 1990s there were arguably only three categories of business jets: Small, Mid-size and Large. However, over the past 20 years this has changed, as manufacturers looked to fill in the gaps in-between the categories. These we have Heavy, extralarge, corporate airliners, Ultra-long-range and the longer-than- Ultra-long-range categories introduced to the market. The Challenger 300 is powered by a pair of Honeywell HTF7000 engines, which have high thrust power. This gives the aircraft a significant advantage with the distance that it needs to takeoff or land, which has been welcomed by many travelers (and their pilots) as the Challenger 300 can access airports with smaller runways. But when the Bombardier Continental, as the Challenger 300 was originally known, was first introduced in 1999 it had a larger cabin than the existing Mid-size cabin aircraft, but with and airframe and weight that did not fit into the “Large” category. Not wanting to class it as a Mid-size, Bombardier decided to call the aircraft “Super Mid-size”, as a way to differentiate it from smaller Mid-size aircraft. The Challenger 300 has a large and beautiful flat floor cabin, with a rear baggage compartment that is accessible in-flight. In its normal configuration the Challenger 300 carries eight passengers, which makes it ideal for both corporate and family use. Its cruise range is around 3,100 nautical miles (5,741 kilometers) at a speed of Mach 0.8. At launch it was priced at USD$18 million – which was around the same price as its competitors. The Honeywell MSP maintenance program that is offered with the aircraft has proven to be a cost-effective factor, as it reduces the aircraft’s operating costs, maintenance downtime and helps preserve the residual value. Having the aircraft enrolled on the MSP program has made a big difference to the resale value of the Challenger 300. The updated Challenger 350 was first revealed in 2013. Compared to the 300, the Challenger 350 has a longer wingspan, larger cabin windows, and an upgraded avionics suite. The engines have also been upgraded and feature a higher thrust rating for better fuel efficiency. This increases the 350s maximum takeoff weight and adds a further 100nm in range over the 300. In 2020, Bombardier refreshed its best-selling Challenger 350 with a modern interior design inspired by its flagship model, the Global 7500, which features high-speed Ka-band and an entirely new CMS (Cabin Management System) interface. 58 | ASIAN SKY QUARTERLY — FIRST QUARTER <strong>2022</strong>
PRE-OWNED MARKET SPOTLIGHT: CHALLENGER 300 & 350 FLEET DISTRIBUTION The Challenger 300 and its successor the Challenger 350 are amongst the best-selling, and most loved business jets. Its competitive operational costs and robust design make it perfect for US domestic coast-to-coast flights, and a good proportion have also found homes with operators in Europe. Fleet Distribution by Region Row Labels Challenger 300 Challenger 350 Grand Total N. America 391 316 707 W. Europe 21 55 76 S./C. America 16 14 30 E. Europe / W. Asia 10 7 17 Mid. East/Africa 7 2 9 Asia 4 3 7 Australia/Oceania 1 1 Grand Total 450 397 847 Data Source: Amstat There was a smooth transition in deliveries when the 350 took over from the 300. A total of 70 Challenger 350s were delivered in 2015 when the 300 model was phased out of production and delivery. The average age since delivery for a Challenger 300 is around 13 years old. For a younger 350, it is about 5 years old. FIRST QUARTER <strong>2022</strong> — ASIAN SKY QUARTERLY | 59
Page 1 and 2:
1ST QUARTER 2022 GULFSTREAM G400 &
Page 3 and 4:
CONTENTS 05 SPECIAL FEATURE WINGX A
Page 5 and 6:
PUBLISHER Report, which outlines al
Page 7 and 8:
ASIA-PACIFIC BUSINESS JET FLIGHT AC
Page 9 and 10: SPECIAL FEATURE: FLIGHT ACTIVITY FL
Page 11 and 12: SPECIAL FEATURE: FLIGHT ACTIVITY FL
Page 13 and 14: FIRST QUARTER 2022 — ASIAN SKY QU
Page 15 and 16: MACRO ECONOMICS GREATER CHINA | MAI
Page 17 and 18: & INTENTIONS: ECONOMICS SOUTHEAST A
Page 19 and 20: & INTENTIONS: ECONOMICS EAST ASIA &
Page 21 and 22: MOOD & INTENTIONS: QUARTERLY SURVEY
Page 27 and 28: IADA MARKET REPORT FIRST QUARTER 20
Page 29 and 30: IADA MARKET REPORT What is your pro
Page 31 and 32: IADA MARKET REPORT PROJECTIONS FOR
Page 33 and 34: IADA MARKET REPORT IADA DEALER ACTI
Page 35 and 36: SPONSORED CONTENT their existing eq
Page 37 and 38: Connecting The World to Your Dream
Page 39 and 40: SPONSORED CONTENT Operational capab
Page 41 and 42: SPONSORED CONTENT Sino Jet has many
Page 43 and 44: SPONSORED CONTENT undergoing “col
Page 45 and 46: SPONSORED CONTENT The 10X adds even
Page 47 and 48: GLOBAL PRE-OWNED MARKET UPDATE “W
Page 49 and 50: GLOBAL PRE-OWNED MARKET UPDATE HEAV
Page 51 and 52: GLOBAL PRE-OWNED MARKET UPDATE TURB
Page 53 and 54: GLOBAL BUSINESS AVIATION MARKET UPD
Page 59: PRE-OWNED MARKET SPOTLIGHT CHALLENG
Page 63 and 64: PRE-OWNED MARKET SPOTLIGHT: CHALLEN
Page 65 and 66: MARKET DYNAMICS BUSINESS JET AND CI
Page 67 and 68: MARKET DYNAMICS: BUSINESS JET WORLD
Page 69 and 70: MARKET DYNAMICS: BUSINESS JET MARKE
Page 71 and 72: MARKET DYNAMICS: CIVIL HELICOPTERS
Page 73 and 74: MARKET DYNAMICS: CIVIL HELICOPTERS
Page 75 and 76: AIRCRAFT POSITIONING AIRCRAFT ACQUI
Page 77 and 78: MARKET SUMMARY: BUSINESS JETS BBJ &
Page 79 and 80: MARKET SUMMARY: BUSINESS JETS CHALL
Page 81 and 82: MARKET SUMMARY: BUSINESS JETS GLOBA
Page 83 and 84: MARKET SUMMARY: BUSINESS JETS CITAT
Page 85 and 86: MARKET SUMMARY: BUSINESS JETS FALCO
Page 87 and 88: MARKET SUMMARY: BUSINESS JETS PHENO
Page 89 and 90: MARKET SUMMARY: BUSINESS JETS G200
Page 91 and 92: MARKET SUMMARY: BUSINESS JETS G650
Page 93 and 94: AIRCRAFT POSITIONING ACQUISITION CO
Page 95 and 96: MARKET SUMMARY: CIVIL HELICOPTERS E
Page 97 and 98: MARKET SUMMARY: CIVIL HELICOPTERS B
Page 99 and 100: MARKET SUMMARY: CIVIL HELICOPTERS A
Page 101 and 102: FIRST QUARTER 2022 — ASIAN SKY QU
show all

Asian Sky Quarterly 2022 Q1

Create successful ePaper yourself

Delete template?

Save as template?