Asian Sky Quarterly 2023 Q4
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FLIGHT ACTIVITY<br />
In the fourth quarter of <strong>2023</strong>, business jet flights in Asia-Pacific mainly<br />
connected cities within the region, accounting for 69% of the total <strong>Q4</strong><br />
flight volume. Flights with a duration between 30 minutes and two<br />
hours accounted for over 60% of total <strong>Q4</strong> flights, compared to around<br />
58% in the previous quarter. Many of these flights were between cities<br />
in Southeast Asia, where frequent connections contributed to the<br />
overall increase in flights. While business jet flights departing from<br />
Asia-Pacific to other regions accounted for a small percentage, they<br />
still increased by approximately 3% compared to the previous quarter<br />
and by approximately 10% compared to the same period in 2022.<br />
INTERNATIONAL VS. DOMESTIC FLIGHTS<br />
FLIGHT DURATION, <strong>2023</strong> <strong>Q4</strong><br />
Domestic Flights<br />
International Flights<br />
More than 5 hours (8%)<br />
4 to 5 hours (3%) Max 30 min (9%)<br />
2022 <strong>Q4</strong><br />
69%, 15,391 31%, 6,872<br />
3 to 4 hours (7%)<br />
2 to 3 hours (13%)<br />
30 min to 1 hour (25%)<br />
<strong>2023</strong> <strong>Q4</strong><br />
69%, 16,922<br />
31%, 7,574<br />
1 to 2 hours (35%)<br />
0 5,000 10,000<br />
15,000 20,000<br />
25,000<br />
FOURTH QUARTER <strong>2023</strong> — ASIAN SKY QUARTERLY | 10
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