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Charter Report 2023

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CHARTER<br />

OPERATOR OVERVIEW<br />

At the end of June <strong>2023</strong> there were 16<br />

charter operators with five or more charter<br />

aircraft in their fleets in the Asia-Pacific<br />

region. In total, the 121 aircraft operated<br />

by these 16 operators account for 41% of<br />

the total Asia-Pacific charter fleet. In terms<br />

of fleet size, TAG Aviation, Phenix Jet, and<br />

Australian Corporate Jet Centres (ACJC) are<br />

the only three charter operators with more<br />

than ten aircraft in their fleet. Nine of the top<br />

operators have charter fleets ranging from<br />

five to six aircraft.<br />

Both Phenix Jet and TAG Aviation had 14<br />

aircraft available for charter positioning<br />

them at a shared top rank. TAG Aviation<br />

had increased its fleet three aircraft thanks<br />

to a number of additions and role changes.<br />

Notably, TAG Aviation’s charter fleet has<br />

young average age of just 6.6 years, which<br />

offers a more comfortable passenger<br />

experience with modern equipment and<br />

cabin amenities. Phenix Jet also added one<br />

business jet for charter operations. TAG<br />

Aviation and Phenix Jet have a high degree<br />

of similarity in their fleet composition,<br />

primarily consisting of Long Range business<br />

jets, with 12 and 11 aircraft, respectively.<br />

Bombardier and Gulfstream are the<br />

most used OEMs (Original Equipment<br />

Manufacturer) by both operators, with the majority of their charter<br />

fleets comprised of aircraft from these manufacturers.<br />

In contrast to Phenix Jet and TAG, which both added aircraft to their<br />

fleets, ACJC, which came third on the list, saw a slight decrease in<br />

CHARTER OPERATORS WITH FIVE OR MORE JETS<br />

PHENIX JET<br />

TAG AVIATION<br />

ACJC 3<br />

VSR VENTURES 2<br />

AIR LINK<br />

CLUB ONE AIR 2<br />

SELETAR JET<br />

ASIAN AEROSPACE<br />

RELIANCE COM. DEALERS 2<br />

DEER JET 2<br />

EXECUJET<br />

AIR CHARTER SERVICES (INDIA) 2<br />

REVESCO AVIATION<br />

AMBER AVIATION<br />

PACIFIC FLIGHT SERVICES<br />

FUJI BUSINESS JET<br />

AVERAGE<br />

AGE<br />

7.6<br />

6.6<br />

24.4<br />

16.9<br />

14.5<br />

22.9<br />

16.0<br />

22.7<br />

16.8<br />

12.5<br />

15.3<br />

16.2<br />

19.8<br />

14.6<br />

19.8<br />

8.4<br />

Fleet Size (Change Compared with 2022)<br />

14 (+1)<br />

14 (+3)<br />

11 (-1)<br />

9 (+2)<br />

8 (+3)<br />

8<br />

7 (-1)<br />

6<br />

6 (-1)<br />

6 (-2)<br />

6 (-1)<br />

5<br />

5<br />

5 (+4)<br />

5<br />

5 (+3)<br />

TOP 10 OPERATORS<br />

TOP 16<br />

OPERATORS =<br />

41% OF TOTAL<br />

FLEET<br />

NOTE:<br />

1. Only operators with five or more jets are included.<br />

2. The fleet numbers of these operators are only based on Asian Sky Group’s internal research and not verified<br />

by the operators.<br />

3. ACJC - Australian Corporate Jet Centres.<br />

its charter fleet. However, its fleet is highly diversified, offerings five<br />

different sizes of business jets for charter, which cater for a broader<br />

range of passenger needs. However, the average age of ACJC’s<br />

charter fleet is high at 24.4 years, compared to the Asia-Pacific<br />

average of 15.6 years.<br />

ASIA-PACIFIC CHARTER REPORT <strong>2023</strong> | 14

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