Close sidebar

Asian bizjet demand takes off

written by australianaviation.com.au | October 16, 2012
Hawker Beechcraft's Singapore Airshow display earlier this year.

Singapore is leading business aircraft sales growth in Asia, recording a 500 per cent increase in sales over the last five years, according to  Hawker Beechcraft.  This compares with 394 per cent in China and 389 per cent in Hong Kong.

Across Asia, bizjet sales have increased by an average 139 per cent, with 282 units sold in the last five years compared to 118 in the five years to 2006, prior to the GFC.  Only Japan recorded a decline in sales, down 30 per cent.

Hawker Beechcraft, which has sold 15 aircraft in Asia so far this year, expects the trend to continue, saying: “Asia’s share of global business aircraft deliveries has increased over the last ten years and we expect this to continue to grow, reflecting the increasing influence and economic development of emerging markets.”

Advertisement
Advertisement

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

Each day, our subscribers are more informed with the right information.

SIGN UP to the Australian Aviation magazine for high-quality news and features for just $99.95 per year