ABACE Convention News

One-third of Asia Pacific Bizjet Fleet Is Midsize or Larger

 - April 12, 2016, 7:00 AM

Nearly a third of the approximately 972 midsize to large-cabin business jets in the Asia Pacific region are based in China, which is more than any other country in the region, according to business jet financing company Global Jet Capital. Overall, 37 percent of the region’s fleet of business aircraft are in the midsize to large-cabin categories, which is higher than the global average of 32 percent.

Nearly all (93 percent) of Hong Kong’s 129 business aircraft fall into these categories, followed by Singapore at 73 percent, which equates to 43 jets; China, 69 percent (294 jets); Malaysia, 49 percent (41 jets); and India, 45 percent (121 jets). In contrast, only 14 percent, or 106 airplanes, in the Australian business aircraft fleet are in the midsize to large-cabin jet category.