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Charter Report 2023

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CHARTER OPERATOR OVERVIEW<br />

TOP CHARTER OPERATORS FLEET BY OEM<br />

Airbus Boeing Bombardier Dassault Embraer Gulfstream Textron<br />

0 2 4 6 8 10 12 14<br />

16<br />

PHENIX JET<br />

TAG AVIATION<br />

1 7 4<br />

2<br />

1 5<br />

8<br />

ACJC<br />

4<br />

2<br />

5<br />

VSR VENTURES<br />

AIR LINK<br />

8<br />

8<br />

1<br />

CLUB ONE AIR<br />

1<br />

5<br />

2<br />

SELETAR JET<br />

4 3<br />

DEER JET<br />

1<br />

5<br />

ASIAN AEROSPACE<br />

3<br />

3<br />

RELIANCE COM. DEALERS<br />

1<br />

3<br />

1<br />

1<br />

EXECUJET<br />

PACIFIC FLIGHT SERVICES<br />

AIR CHARTER SERVICES (INDIA)<br />

AMBER AVIATION<br />

2<br />

2<br />

2<br />

4<br />

3<br />

3<br />

3<br />

1<br />

1<br />

TOP 3<br />

BOMBARDIER – 36%<br />

TEXTRON – 25%<br />

GULFSTREAM – 22%<br />

REVESCO AVIATION<br />

2<br />

1<br />

2<br />

FUJI BUSINESS JET<br />

1<br />

4<br />

OTHER OPERATORS WITH 3 OR MORE JETS<br />

Operator Name Fleet Size Avg. Age<br />

Princely Jets 4 19.3<br />

Skyline Aviation 4 17.0<br />

Travya 4 17.5<br />

Air One Aviation 4 13.0<br />

Premiair 3 13.7<br />

Sino Jet 3 10.7<br />

King Leader Club (BAA) 3 11.3<br />

Sun Air 3 1.0<br />

Flight Options 3 11.7<br />

Formula Aircraft 3 37.0<br />

Maxem Aviation 3 21.0<br />

Korean Air 3 11.7<br />

Machjet Int'l 3 16.3<br />

Global Jet International 3 12.0<br />

Lily Jet 3 6.3<br />

However, there were still 15 charter operators in Asia-Pacific with<br />

more than three charter aircraft in their fleet. Among them, Lily Jet<br />

underwent the most significant changes, reducing its charter fleet by<br />

five aircraft for Part 135 charter operations, causing it to drop from<br />

the fourth position last year to a ranking beyond the top 16. However,<br />

these aircraft remain under Lily Jet’s operation but are no longer part<br />

of its charter fleet.<br />

It is also worth noting that a significant portion of the leading<br />

charter operators fleets were not owned by charter companies.<br />

Aircraft owners will frequently allow their management companies<br />

to make their aircraft available when they are not using it, subject to<br />

the owners being informed about each flight before its confirmed.<br />

However, such aircraft may not always be available for charter<br />

services, indicating that their availability can fluctuate. The benefit<br />

of this setup is twofold: it boosts the availability of aircraft for<br />

charter, thereby enhancing flexibility, and it enables aircraft owners<br />

to offset some of their operational costs.<br />

ASIA-PACIFIC CHARTER REPORT <strong>2023</strong> | 16

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