Asian Sky Group's Asia Pacific Business Jet Fleet Report, to be released today at ABACE 2018, tallies 1,179 business jets in the Asia-Pacific fleet at the end of 2017, a 2.1 percent increase over the 2016 total. Among other findings:
- 115 aircraft were added to the fleet in 2017, consisting of 54 new deliveries and 61 preowned, while 91 aircraft left the region.
- Mainland China, Australia, India, and Hong Kong remained the top four markets in the region, representing 68 percent of the jet fleet, with a combined total of 804 aircraft.
- Bombardier, Gulfstream, and Textron Aviation's Cessna are the top three OEMs in the region, with 26 percent, 25 percent, and 19 percent of the total fleet, respectively.
- The top three most popular models in the region are the G550, G450, and Global 6000, with 98, 66 and 45 aircraft, respectively.
- Nine of the top 10 operators by fleet size are based in Greater China and represent 26 percent of the total Asia-Pacific fleet.
- The Asia Pacific fleet is the world’s youngest, with more than half of the business jets five to 10 years old.
- Most of the business fleet is registered in Mainland China (B register), accounting for 22 percent of total aircraft registrations, followed by the U.S. (N register) with 21 percent.