Asian Sky Quarterly 2023 Q4
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
FLIGHT ACTIVITY<br />
Asia-Pacific's business aircraft flight activity continued to<br />
increase in the final quarter of <strong>2023</strong>. It's encouraging to see more<br />
people traveling for business and going on vacation, indicating<br />
that the economy has not stagnated. Looking at the entire year,<br />
<strong>Q4</strong> of <strong>2023</strong> saw the highest number of business jet flights in<br />
Asia-Pacific in the whole year especially between October to<br />
December, which saw more than 8,000 departures each month.<br />
When compared to the full year of 2019, business jet departures<br />
in Asia-Pacific in <strong>2023</strong> increased by over 43%, and compared<br />
to the fourth quarter of 2019 it increased by around 40%. The<br />
average monthly number of business jet flights in <strong>2023</strong> was<br />
7,586, while in 2019 it was 5,297. Overall, the number of business<br />
jet flights in Asia-Pacific were more than 2,000 more per month<br />
on average in <strong>2023</strong> when compared to 2019.<br />
DEPARTURES FROM ASIA-PACIFIC<br />
2022 <strong>2023</strong><br />
YoY%<br />
9,000<br />
8,000<br />
51.1%<br />
7,000<br />
6,000<br />
5,000<br />
4,000<br />
3,000<br />
23.5%<br />
22.7%<br />
14.7%<br />
20.2% 19.7%<br />
14.7%<br />
2,000<br />
1,000<br />
0<br />
12.0%<br />
4.1%<br />
Jan Feb Mar Apr<br />
May Jun<br />
7.2%<br />
Jul<br />
Aug<br />
Sep<br />
Oct<br />
9.0%<br />
Nov<br />
6.7%<br />
Dec<br />
DEPARTURES BY WEEK<br />
2021 2022 <strong>2023</strong><br />
2,500<br />
2,000<br />
1,500<br />
1,000<br />
500<br />
0<br />
Jan Feb Mar Apr May Jun Jul<br />
Aug Sep<br />
Oct Nov<br />
Dec<br />
9 | ASIAN SKY QUARTERLY - FOURTH QUARTER <strong>2023</strong>
Change language