Business Airport International
  • News
    • Accreditation
    • Aircraft
    • Airports
    • Charter
    • Construction
    • FBOs
    • Fuel
    • IT & Software
    • MRO
    • Partnerships
    • Passenger Experience
    • Sustainability
    • Technology
  • Features
  • Online Magazines
    • March / April 2025
    • Dec 2024 / Jan 2025
    • October 2024
    • July 2024
    • March / April 2024
    • Dec 2023 / Jan 2024
    • September / October 2023
    • Archive Issues
    • Subscribe Free!
  • Opinion
  • Videos
  • Supplier Spotlight
  • Surveys
  • Jobs
    • Browse Industry Jobs
    • Post a Job – It’s FREE!
    • Manage Jobs (Employers)
  • Events
LinkedIn YouTube X (Twitter)
LinkedIn YouTube
Subscribe to Magazine Subscribe to Email Newsletter Media Pack
Business Airport International
  • News
      • Accreditation
      • Aircraft
      • Airports
      • Charter
      • Construction
      • FBOs
      • Fuel
      • IT & Software
      • MRO
      • Partnerships
      • Passenger Experience
      • Sustainability
      • Technology
  • Features
  • Online Magazines
    1. March / April 2025
    2. Dec 2024 / Jan 2025
    3. October 2024
    4. July 2024
    5. March / April 2024
    6. Dec 2023 / Jan 2024
    7. September / October 2023
    8. July 2023
    9. Archive Issues
    10. Subscribe Free!
    Featured
    2nd April 2025

    In this Issue – March / April

    Online Magazines By Paige Smith
    Recent

    In this Issue – March / April

    2nd April 2025

    In this Issue – December / January 2025

    19th December 2024

    In this Issue – October 2024

    10th October 2024
  • Opinion
  • Videos
  • Suppliers
    • Supplier Spotlight
    • Press Releases
  • Surveys
  • Jobs
    • Browse Industry Jobs
    • Post a Job – It’s FREE!
    • Manage Jobs (Employers)
  • Events
LinkedIn YouTube
Business Airport International
Aircraft

China dominates mid to large private jet market in Asia-Pacific

Helen NormanBy Helen Norman12th April 20162 Mins Read
Share LinkedIn Twitter Facebook Email

New research from Global Jet Capital, a provider of financing solutions for large-cabin, long-range private jets, has revealed that China is dominating the mid- to large-sized private jet market in Asia-Pacific, with 294 (30%) of the 972 aircraft in the region based in China.

Overall, 37% of the region’s fleet of business aircraft are mid to heavy, and the corresponding figure for the global fleet is 32%. Nearly all (93%) of Hong Kong’s 129 business aircraft are mid to heavy in size. This is followed by Singapore, where 73% of its fleet of business aircraft are mid to heavy, and China where the corresponding figure is 69%.

The company also revealed that 386 mid to heavy private jets were delivered to Asia Pacific between 2011 and 2015, with a combined value estimated of US$19.3bn. Over half (51%) of deliveries were made to China (196 aircraft), followed by Hong Kong (68 deliveries), India (23 deliveries) and Singapore (15 deliveries).

Global Jet Capital managing director of Asia sales David Henderson said, “Our analysis reveals that a higher percentage of Asia-Pacific’s fleet of business aircraft is mid to heavy in size than the global average. Given that we focus on financing these types of jets, this market is particularly attractive for us.”

Mid to heavy private jets typically cost between US$25m and US$75m each, and up to 80% of the funding used to purchase these is sourced through external financing.

Share. Twitter LinkedIn Facebook Email
Previous ArticleSignature Flight Support acquires stake in SEA Prime
Next Article ExecuJet operates first ever jet to land at St Helena Airport
Helen Norman

Helen has worked for UKi Media & Events for nearly a decade. She joined the company as assistant editor on Passenger Terminal World and since progressed to become editor of five publications, covering everything from aviation, logistics and e-commerce to meteorology. She has a love for travel and property and has redeveloped three houses in three years. When she’s not editing magazines, she’s running around after her two boys and their partner in crime, Pete the pug.

Related Posts

Greece’s National Center for Emergency Care receives new Beechcraft King Air 360C
Aircraft

Greece’s National Center for Emergency Care receives new Beechcraft King Air 360C

13th May 20252 Mins Read
Charter

KlasJet positions Boeing 737 at Milan to serve growing sports charter market

7th May 20252 Mins Read
Charter

FlyUSA expands in Florida with double acquisition

6th May 20252 Mins Read
Latest Posts

EBACE 2025: David Buritica, Signature Aviation

22nd May 2025
BBGA is the first European national association to join the advocacy initiative

BBGA joins CLIMBING. FAST.

22nd May 2025
Jet Aviation has completed a full renovation of its FBO in Rotterdam, the Netherlands

Jet Aviation completes renovation of Rotterdam FBO

22nd May 2025
Partner Content
Johanna Echeto, general manager, LZU

Q&A: Johanna Echeto, general manager, Sheltair, Gwinnett County Airport

29th April 2025
Supplier Spotlights
Our Social Channels
  • YouTube
  • LinkedIn
Getting in Touch
  • Subscribe to Magazine
  • Meet the Writers
  • Contact Us
  • Media Pack
Related Topics
  • Aircraft Interiors
  • Air Traffic Technology
  • Aerospace Testing
  • Business Jet Interiors
FREE WEEKLY NEWS EMAIL!

Get the 'best of the week' from this website direct to your inbox every Tuesday


© 2023 Mark Allen Group Ltd | All Rights Reserved
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.