Asian Sky Quarterly 2022 Q3

MOOD & INTENTIONS: QUARTERLY SURVEY
QUARTERLY SURVEY
RESPONDENT BREAKDOWN
Respondent Location Breakdown
South Asia (8%)
Rest of the World (13%)
Middle East &
North Africa (22%)
Top 10 Respondent’s Locations
Malaysia (6%)
Australia (7%)
United Arab Emirates (8%)
India (8%)
73% of total
respondents
Oceania (5%)
Southeast &
Northeast Asia (29%)
Greater China (23%)
Philippines (5%)
China (16%)
Hong Kong (13%)
Updates & Highlights in Q3 2022 survey
1. We added three questions: The first two about carbon
emissions, the third about the impact of the conflict in
Ukraine.
2. We expanded our survey coverage to include the Middle
East and North Africa (MENA)
3. The mood across APAC continued to sink, driven
mostly by Greater China.
4. COVID-19 restrictions continued to ease, with tentative
signs of market demand returning in those countries/
regions.
5. Aircraft utilization continued to increase across APAC,
aside from in Greater China.
6. Although aircraft purchase intentions seemed to
increase, hesitations remain regarding pricing / demand
in the current market environment.
In Q3 2022 nearly 400 business aviation professionals responded
to Global Sky Media’s latest quarterly survey about the mood and
intentions in the industry.
Pakistan (9%)
Singapore (9%)
Respondent’s Related Aircraft Type
Turboprop (23%)
Civil Helicopter (21%)
Respondent’s Category
Aircraft Sales /
Charter Broker (18%)
United States (10%)
Indonesia (9%)
Business Jet (56%)
Aircraft Owner / Charter User (7%)
The regions with the most respondents include:
1. Southeast & Northeast Asia (29%)
2. Greater China (23%, mainland China and Hong Kong as
majority)
3. Middle East & North Africa (22%, mainly from UAE, newly
added in this quarter)
4. South Asia (8%, mainly from India, newly added in this
quarter)
5. Oceania (5%).
The majority (56%) of the respondents are related to business
jets operations.
In total, 75% of the 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 (18%), and aircraft end users (7%). The remainder of the
respondents are from other associated areas.
Environment & Politics
In this quarterly survey we added a new set of questions to
replace our COVID-19 series:
Aircraft Operator /
Management Company (34%)
Service Providers 1
(FBO, MRO, etc) (41%)
1. Aircraft Service Providers includes financial services, training, FBO, ground handlers, Service,
MRO, parts, etc.
When we asked respondents if they had taken any measures
to reduce their carbon emissions, only 38% said that they have.
Whilst 69% of of respondents agree that we need to take action
on climate change and need to reduce our carbon emissions, a
surprising 4% were not concerned about the environment at all.
14 | GLOBAL SKY QUARTERLY — THIRD QUARTER 2022