Charter Report 2022

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MARKET OVERVIEW 78 71 16 17 62 60 3 3 SOUTH KOREA JAPAN INDIA MAINLAND CHINA 1 0 MACAO SAR 13 14 6 9 HONG KONG SAR 5 4 TAIWAN 22 22 THAILAND 12 11 0 2 VIETNAM 19 17 PHILIPPINES SINGAPORE MALAYSIA 13 13 81 INDONESIA 66 336 327 339 10.9% 2018 1 -2.7% 2020 1 3.7% 2022 AUSTRALIA 4 5 OTHERS 3 NOTES: 1. 2018 and 2020 data is based on Global Sky Media’s adjusted and updated numbers. 2. Fleet distribution is based on business jets in service and their active bases of operation, including the aircraft for legal charter and medical evacuation, whether dedicated or not. 3. Others include Kiribati, Laos, New Caledonia, PNG and Solomon Islands. 4. Region/ Subregion/ Country are defined in appendix on page 48. 7 10 NEW ZEALAND 6 | ASIA-PACIFIC CHARTER REPORT 2022
MARKET OVERVIEW As of June 30, 2022, there were 339 business jets used on charter flights in Asia-Pacific, which is an increase of 12 aircraft from 327 charter jets in 2020. After experiencing a decline of 2.7% between 2018 and 2020, the charter fleet has now fully recovered and seen growth of 3.7% between 2020 and 2022. BUSINESS JET CHARTER FLEET 2 With the largest charter fleet in Asia-Pacific, Oceania’s 95 charter jets outperformed other subregions for the first time. Oceania also saw the highest growth in Asia-Pacific, largely thanks to the addition of 18 aircraft in Australia and New Zealand, which helped the subregion grow by 23.4%. Of the two countries, Australia saw the most net additions, and in doing so became the country with the most charter jets in APAC – with 81 charter jets. LARGEST COUNTRY/REGION 81 AUSTRALIA MOST NET FLEET ADDITIONS +15 AUSTRALIA FLEET GROWTH IN MAJOR MARKETS MOST NET FLEET DEDUCTIONS -7 MAINLAND CHINA Although Greater China saw the steepest decline in its charter fleets with negative growth since 2018, it is still the subregion that comes behind Oceania with 84 charter jets. Mainland China, Macao SAR and Taiwan’s charter fleet all contracted, while the fleet in Hong Kong SAR grew by 50% with the net addition of three pre-owned aircraft, as a result of more business jet owners tending to put their aircraft for charter when they don’t use them, to try to help offset the management fee and fixed cost. In contrast to its size-reduced business jet fleet – most of the business jets leaving Hong Kong SAR were for private or corporate use. Mainland China, which lost the most charter aircraft, with the majority being large and medium sized, was overtaken by Australia in 2022 after being the country with the largest charter fleet since 2018. Despite the reduction in growth from 17.9% in 2020 to 1.3% in 2022, Southeast Asia retained its position as the third largest subregion in Asia-Pacific with 80 charter jets. Singapore, which registered the largest net charter fleet additions between 2018 and 2020, saw no change in its fleet between 2020 and 2022. Similar to Greater China, the charter fleets in South Asia – including India and Bangladesh – also saw consecutive drops from 2018 to 2022. Compared to the previous period, South Asia saw a net deduction of two charter jets, with a total of 60 charter aircraft. India – the country with the third largest charter fleet – led the change in South Asia. East Asia, which includes Japan – the main driver of growth – and South Korea, recorded a net addition of one charter jet, resulting in a modest 5.3% increase, and took the total number of charter jets to 20. Net Fleet Growth Growth Rate SUBREGION 4 2020 2022 2020 2022 Oceania +4 +18 5.5% 23.4% East Asia +1 +1 5.6% 5.3% Southeast Asia +12 +1 17.9% 1.3% South Asia -2 -2 -3.1% -3.2% Greater China -24 -6 -21.1% -6.7% TOTAL -9 +12 -2.7% 3.7% Net Fleet Growth Growth Rate COUNTRY/REGION 4 2020 2022 2020 2022 Australia - +15 - 22.7% New Zealand +3 +3 75.0% 42.9% Hong Kong SAR -4 +3 -40.0% 50.0% Vietnam - +2 - - Japan +1 +1 6.7% 6.3% Thailand -2 +1 -13.3% 7.7% Singapore +9 - 69.2% - South Korea - - - - Indonesia +3 - 30.0% - Malaysia +1 -1 9.1% -8.3% Taiwan - -1 - -20.0% Macao SAR - -1 - -100.0% India -1 -2 -1.6% -3.2% Philippines +1 -2 5.6% -10.5% Mainland China -20 -7 -20.4% -9.0% Others 3 - +1 - 25.0% TOTAL -9 +12 -2.7% 3.7% Ranked by 2022 net fleet growth in descending order from the highest. ASIA-PACIFIC CHARTER REPORT 2022 | 7
Page 1 and 2: ASIA-PACIFIC REGION 2022 Features M
Page 3 and 4: CONTENTS 04 06 12 16 20 24 26 EXECU
Page 5 and 6: PUBLISHER painstakingly looked thro
Page 7: Connecting The World to Your Dream
Page 11 and 12: MARKET OVERVIEW TOP CHARTER MODELS
Page 13 and 14: MARKET OVERVIEW Australia (VH-), ma
Page 15 and 16: AN INTERVIEW WITH L’VOYAGE How ha
Page 17 and 18: AN INTERVIEW WITH L’VOYAGE seeing
Page 19 and 20: If there is anything the COVID-19 p
Page 21 and 22: AN INTERVIEW WITH HONGKONG JET This
Page 23 and 24: SPONSORED CONTENT troubled by COVID
Page 25 and 26: The Hub of Business Aviation 06-08
Page 27 and 28: MARKET TREND: SOUTHEAST ASIA One op
Page 29 and 30: CHARTER OPERATOR OVERVIEW OTHER OPE
Page 31 and 32: INTERNATIONAL CHARTER OPERATORS In
Page 33 and 34: INTERNATIONAL CHARTER OPERATORS Vis
Page 35 and 36: CHARTER FLIGHT ROUTES CHARTER FLIGH
Page 37 and 38: CHARTER FLIGHT ROUTES FLIGHT NUMBER
Page 39 and 40: OEM OVERVIEW FLEET BY SIZE CATEGORY
Page 41 and 42: OEM OVERVIEW BOMBARDIER MOST POPULA
Page 43 and 44: OEM OVERVIEW EMBRAER MOST POPULAR L
Page 45 and 46: ASIA PACIFIC CHARTER MARKET Q&A Wha
Page 47 and 48: ESTIMATED HOURLY CHARTER RATE VS. R
Page 49 and 50: CHARTER MOBILE APPS The first known
Page 51 and 52: REASONS TO CHOOSE ASIAN SKY GROUP A

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