With 154 aircraft, India may still have the Asia Pacific region’s second largest business jet fleet (China has an estimated 215 jets), but the industry’s growth continues to be stunted by a lack of a policy framework that applies to it, as well as by inadequate infrastructure and regulatory barriers.
All ABACE 2012 News
Hawker Beechcraft is marking its 80th anniversary this year as it enjoys strong growth in China, and Asian markets in general. As part of its celebrations the U.S. company has brought three of its key airplanes to the ABACE show: the super-midsize Hawker 4000; the midsize Hawker 900XP; and the Beechcraft King Air C90GTx twin turboprop.
ABS Jets is here at the ABACE show extolling the virtues of Asian operators using Prague as a “one-stop-shop” for their visits to Europe. “The Chinese market is developing fast and is generally seen as growing to become the key region for future growth, ultimately becoming of massive importance to business jet operators,” said Antonia Tomkova, the company’s commercial director.
While customers in Asia prefer new business jets, the market for used aircraft is starting to emerge in the region. However, when they do choose to buy pre-owned business jets they want younger aircraft that are less than five years old. To get a sense of how this part of the business aviation market is developing in Asia, AIN spoke with Jahid Fazal-Karim, board member and partner of business jet sales broker Jetcraft.
Jet Support Services Inc. (JSSI) has appointed Bob Wilke as vice president, business development for Asia. The role is an expansion of Wilke’s current duties as vice president business development for the Middle East. “Bob understands the needs of operators in the Asian markets and he will be instrumental in helping us build relationships here in the long term,” said Lou Seno, chairman of JSSI (Booth H617).
Shuangliu International Airport is the latest Chinese airport to announce that it will build a new FBO to support business aircraft operations. Construction work at the airport, which serves Sichuan province capital Chengdu, will start in October this year and the FBO will be situated next to Terminal 2.
According to the airport’s management team, the FBO will provide full general-aviation services, including fueling, light maintenance and customs, immigration and quarantine. The airport reportedly hopes to work with established FBO companies to set up the facility.
Sino Jet founder and CEO Jenny Lau celebrates the signing yesterday of a strategic alliance with TWC Aviation. Lau, along with TWC’s director of business development Greg Johnson (left) and CEO Andrew Richmond help install the ceremonial wings on the Sino Jet/TWC model. Sino Jet currently manages five jets in China, including Jackie Chan’s Embraer Legacy 650.
The General Aviation Manufacturers Association is providing an industry perspective to authorities as countries on the Pacific Rim develop a common framework to facilitate business aviation operations under the auspices of the Asia Pacific Economic Cooperation (APEC) forum. At the ABACE show, AIN caught up with GAMA president and CEO Pete Bunce to learn more about how the association is helping to influence a business aviation-friendly infrastructure and regulatory environment in Asia.
China’s Tianjin Airport has reported exponential growth in its corporate aviation business, which increased by 30 percent between 2010 and 2011. In recent years, the city has seen rapid economic development, which has led to the rise of business aviation movements and related enterprises. The number of private aviation movements at the airport has risen by 131 percent since 2008, from 10 to 15 per month to around 35 per month in 2010.
China’s newest charter operator–AllPoints Jet–ordered a pair of Gulfstream jets yesterday. The long-range G450 and G550 aircraft will be delivered in the first quarter of 2013 to the company’s base at Chengdu International Airport, from where AllPoints provides charter, management and maintenance.