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Asian Sky Quarterly 2023 Q4

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FLIGHT ACTIVITY<br />

DEPARTURES BY COUNTRY<br />

Australia India Mainland China Japan Indonesia Thailand<br />

2,250<br />

2,000<br />

1,750<br />

1,500<br />

1,250<br />

1,000<br />

750<br />

500<br />

250<br />

0<br />

Jan<br />

23<br />

Feb<br />

23<br />

Mar<br />

23<br />

Apr<br />

23<br />

May<br />

23<br />

Jun<br />

23<br />

Jul<br />

23<br />

Aug<br />

23<br />

Sep<br />

23<br />

Oct<br />

23<br />

Nov<br />

23<br />

Dec<br />

23<br />

Australia and India were the most active countries for business jets<br />

in Asia-Pacific in <strong>2023</strong>. Business jet flights in these two countries<br />

began to increase from July and peaked in November. Mainland<br />

China experienced a small wave of growth in business jet activity<br />

in Q3 of <strong>2023</strong>, seeing its highest number of business jet flights for<br />

the whole year. Japan, Indonesia, and Thailand, while experiencing<br />

relatively stable changes throughout the year, still maintained leading<br />

positions in Asia-Pacific.<br />

TOP CITY FLIGHT ACTIVITY TRENDS<br />

In <strong>2023</strong>, Singapore was undoubtedly the most noteworthy city<br />

in Asia-Pacific. Situated close to the midpoint of the region, it is<br />

incredibly convenient for travel to Australia, East Asia, and even<br />

India. Its frequent connections with cities in Southeast Asia made<br />

it the city with the highest frequency of business jet activity,<br />

with a total of 4,521 departures throughout the year. Most of the<br />

business jet flights depart and land at Seletar (XSP) airport due<br />

to its excellent FBO and MRO services for business jets. Sydney<br />

also had a significant number of business jet flights, primarily for<br />

domestic routes within Australia, such as Melbourne, and flights<br />

to New Zealand. Mumbai and New Delhi remain on the list, making<br />

India the only country in Asia-Pacific with two cities in the top ten<br />

for business jet activity. Bangkok, Tokyo, and Hong Kong had similar<br />

numbers of business jet departures throughout the year, with around<br />

2,800 departures. Jakarta closely followed, with its main business jet<br />

destinations being Singapore, Surabaya, and Denpasar.<br />

Number of Departures YoY %<br />

Singapore (Seletar, Changi)<br />

Sydney (Kingsford Smith, Bankstown)<br />

153.3%<br />

121.4%<br />

83.7%<br />

24.0%<br />

18.8%<br />

385<br />

372<br />

428<br />

-2.9%<br />

401<br />

0.6%<br />

352<br />

8.5% 12.7%<br />

420 436<br />

370<br />

335<br />

-19.0% -6.2% -16.9%<br />

358 363<br />

301<br />

310<br />

316<br />

-3.5%<br />

329<br />

-11.4% -10.9%<br />

281<br />

277<br />

-19.9%<br />

262<br />

-3.1% -3.7% -0.9%<br />

338 319<br />

282<br />

8.9%<br />

378<br />

320<br />

342<br />

Jan<br />

23<br />

Feb<br />

23<br />

Mar<br />

23<br />

Apr<br />

23<br />

May<br />

23<br />

Jun<br />

23<br />

Jul<br />

23<br />

Aug<br />

23<br />

Sep<br />

23<br />

Oct<br />

23<br />

Nov<br />

23<br />

Dec<br />

23<br />

Jan<br />

23<br />

Feb<br />

23<br />

Mar<br />

23<br />

Apr<br />

23<br />

May<br />

23<br />

Jun<br />

23<br />

Jul<br />

23<br />

Aug<br />

23<br />

Sep<br />

23<br />

Oct<br />

23<br />

Nov<br />

23<br />

Dec<br />

23<br />

15 | ASIAN SKY QUARTERLY - FOURTH QUARTER <strong>2023</strong>

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