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Charter Report 2022

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If there is anything the COVID-19<br />

pandemic has taught Alex<br />

Jiao, Chief Executive Officer of<br />

Hongkong Jet, it’s that within<br />

difficulty lies opportunity.<br />

Indeed, as CEO of one of Hong<br />

Kong’s finest private jet companies,<br />

Jiao continues to lead the business<br />

through the turbulence and<br />

uncertainty that the pandemic and<br />

resultant travel restrictions have<br />

afflicted on the city’s business<br />

aviation industry over the last three<br />

years.<br />

However, by leveraging on their<br />

existing operations such as their<br />

aircraft maintenance service lines,<br />

all while maintaining their ethos of<br />

providing only the best service to<br />

each and every client, the company<br />

has been able to stay afloat, and<br />

ensure a steady flow of revenue.<br />

Their efforts have proven timely<br />

– with the city having scrapped<br />

mandatory hotel quarantine for all<br />

inbound travellers in September,<br />

the company is able to rely on the<br />

trust they have established with<br />

their customers over the years and<br />

ramp up flights once again.<br />

Established in 2009, Hongkong Jet<br />

commenced operations in 2011<br />

and currently operates a fleet of<br />

three Gulfstream charter aircraft.<br />

The company also taps into its vast<br />

network of private jets through<br />

other business jet companies that<br />

comprise its group structure, which<br />

includes Deer Jet Co. Ltd., UAS,<br />

Asia Jet and Business Aviation<br />

Services Guernsey. This allows the<br />

organization to serve clients across<br />

the world in regions including Asia,<br />

North America, Europe, the Middle<br />

East, and Africa.<br />

Finding solutions<br />

Jiao has seen first-hand how the pandemic<br />

has shaken the aviation industry in Hong<br />

Kong since day one. “The past almost<br />

three years have been a difficult time for<br />

all Hong Kong-based business aviation<br />

operators,” he says. The ongoing border<br />

closures with the Mainland and the<br />

impact of the city’s more than two-yearlong<br />

quarantine measures, according to<br />

Jiao, have presented obstacles for both<br />

business and leisure travellers entering<br />

Hong Kong, and discouraged would-be<br />

travellers from flying out of the city.<br />

Instead of waiting for the situation to<br />

improve, Hongkong Jet zeroed in on its<br />

aircraft maintenance service line, which<br />

soon proved to be an invaluable source of<br />

funding. “Our aircraft management arm<br />

is still the main driver of revenue for the<br />

company,” adds Jiao. The company has a<br />

team of engineers not only in Hong Kong,<br />

but also in Mainland China and Southeast<br />

Alex Jiao<br />

Chief Executive Officer<br />

Hongkong Jet<br />

hongkongjet.com.hk<br />

ASIA-PACIFIC CHARTER REPORT <strong>2022</strong> | 17

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