Gama Hutchison, the Hong Kong-based joint venture between Gama Aviation and Hutchison Whampoa, has signed a management contract for a Bombardier Global business jet, taking its fleet in Hong Kong to three aircraft.
Marwan Khalek, CEO of Gama Aviation, commented, “Since launching our joint venture with Hutchison Whampoa in January of this year we have received unprecedented demand for our services in Asia-Pacific. One of the reasons we offer such an attractive proposition to our clients in the region is the size, breadth and depth of our service, which means we are able to offer considerable savings to our customers through economies of scale. The signing of the management contract for this aircraft is in line with our planned operations and will only bring costs down further as we look forward to growing our footprint in what we view as a key growth market for the business.”
Recent analysis of the Asia-Pacific business aircraft fleet carried out by Gama Aviation has revealed a strong preference for larger, longer-range aircraft. Large jets accounted for 69% of business aircraft deliveries to China during the period between 2010 and 2014, compared with 47% for Asia-Pacific and 33% globally. A sixth (18%) of all global heavy jet and jet airliner deliveries between 2010 and 2014 went to Asia-Pacific, with half of these going to China.
August 19, 2015