Asia Business Jet Fleet Report 2019

ASIA PACIFIC REGION YE 2019
BUSINESS JETS
NEW FEATURES
AIRCRAFT REGISTRY OVERVIEW
ENGINE OVERVIEW
SPECIAL FEATURE
FALCON SPECIAL
MISSION AIRCRAFT
PRODUCT SPOTLIGHTS
& INTERVIEWS
Sponsored by:
ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019 I

COUNTRY PROFILES
IN-DEPTH ANALYSIS
AND DATA
ON MAJOR ASIA-PACIFIC
BUSINESS JET MARKETS
HISTORICAL DATA ON
1 FLEET SIZE & GROWTH
BREAKDOWN BY OEM,
2 SIZE CATEGORY & REGISTRATION
3 OPERATIONAL CHALLENGES &

GOVERNMENT INITIATIVES
4 OPERATOR ANALYSIS
5 DELIVERIES & DEDUCTIONS
ACCESS AT
www.asianskymedia.com
CONTENTS
02 PUBLISHER’S NOTE
04 EXECUTIVE SUMMARY
06 REGIONAL OVERVIEW
12 AIRCRAFT SPOTLIGHT: DASSAULT FALCON 6X
16 MARKET TREND
20 SPECIAL FEATURE: 20 FALCON SPECIAL MISSION AIRCRAFT

22 AIRCRAFT REGISTRY OVERVIEW
26 COMPANY PROFILE: SINO JET
29 OPERATOR OVERVIEW
33 INTERVIEW: METROJET
36 OEM OVERVIEW
42 AIRCRAFT SPOTLIGHT: GULFSTREAM G700
48 ENGINE OVERVIEW
55 APPENDIX
PUBLISHER’S NOTE
A
s it turns out 2019 45. But in terms of aircraft value, this represents a decrease of
wasn’t as bad as US$671M in value since 2017 and, if you don’t include the two
I thought it was new widebody deliveries in 2019, the decrease increases to
going to be in regard to US$1.312B – a 48% decline over two years. We are talking big
number of aircraft. Yes, numbers here.
I knew the business jet
market in Greater China, the The experience in the pre-owned market is the same, where from
biggest in the Asia Pacific 2018 to 2019 the value of transactions declined US$885M – a
and representing 40% of 35% decline.
the total fleet, was severely
contracting. But, much to So, as we move into 2020, we head into a market experiencing
my surprise, to the rescue marginal growth, with the trend indicating a small contract for the
have come some unlikely year and the value of the business jet market greatly diminished.
regions – Oceania and East Asia – and with some very
unlikely, unsexy heroes in the form of light and very light jets. This Fleet Report also delves deeper into the Asia-Pacific
Who thought China and its big fleet of long-range, large cabin engine market and the performance and market shares of
aircraft would be usurped by the likes of Australia and some its OEMs, as well as a detailed breakdown of the region’s
used Lear 35s and 36s? But this is what happened. business jet fleet by countr y, size categor y, operator,
registration and age. As always, adding insight to the data
The Asia Pacific Business Jet fleet in 2019 still managed to eke are a number of profiles and commentaries: MetroJet shared
out very marginal growth of 0.9% at year end. It was, however, information on its new maintenance facility in the Philippines
the worst growth for the last five years and growth has worsened and Sino Jet, discussing its efforts to increase market share
every subsequent year for those five years, which doesn’t bode in Asia. Also included are profiles on the latest aircraft on the
well for YE 2020. market: Dassault Falcon 6X, Dassault Falcon Special Mission
Aircraft and the Gulfstream G700.
This 0.9% growth represented a net addition of just 11 aircraft
to the fleet. Greater China lost 16 aircraft overall – the majority
being 550s, 7Xs, G450s & L650s. But Oceania and East Asia
more than compensated for China’s loss by adding 10 aircraft
each – the majority of which were Learjets, PC24s, HondaJets
and Cirrus Jets. The revenge of the little guy!
Sincerely,
But this success meant in terms of dollars of aircraft – Jeffrey C. Lowe
transaction values – 2019 was worse than I expected. 2019 Managing Director, Asian Sky Group
saw the number of new aircraft transactions drop from 54 to
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EXECUTIVE SUMMARY
THE ASIA-PACIFIC BUSINESS JET FLEET STOOD AT 1,213 AT YEAR END 2019, AN INCREASE OF JUST 0.9%
FROM YEAR END 2018 AND THE LOWEST ANNUAL GROWTH TO DATE SINCE ASG’S FIRST ASIA PACIFIC
FLEET REPORT IN 2014. THIS MARKS THE FIFTH CONSECUTIVE YEAR OF DECLINING ANNUAL GROWTH
FOR THE REGION. OVERALL, THE FLEET HAD A NET GROWTH OF ONLY 11 AIRCRAFT IN 2019 – THE
CULMINATION OF 45 NEW DELIVERIES AND 50 PRE-OWNED ADDITIONS, OFFSET BY 84 DEDUCTIONS.
THESE FIGURES FOR DELIVERIES, ADDITIONS AND DEDUCTIONS REPRESENT A SIGNIFICANT DECLINE IN
TRANSACTION VOLUME AND VALUE OVER RECENT YEARS.
NET FLEET GROWTH Positive Negative No Change
OEM Size Category
B
930+980+0+100
930+970+0+100
309 351
ombardier claimed top honours and 0+0+ 0+ 900+900+0+92
0+0+ 0+ 770+750+0+72
6% 5%
BOMBARDIER 327 LONG RANGE 368
remained the most popular OEM in the 2% 3%
region, adding a net eight aircraft and 335 380
achieving a market share of 28%. Its most popular
299 292
0+0+ 0+ 910+900+0+88
0+0+ 0+ 630+650+0+68
model was the Global 6000. A net increase of <1% -2%
GULFSTREAM 300 LARGE 285
seven business jets helped Gulfstream overtake 2% -3%
307 276
Textron as the second most popular OEM in
the region, with a market share of 25%. As in
303 238
0+0+ 0+ 320+320+0+29
0+0+ 0+ 390+400+0+38
previous years, the G550 remained the most -1% 3%
TEXTRON 301 LIGHT 244
popular Gulfstream in the region. Textron and -2% 5%
295 256
Dassault come in third and fourth, with market
shares of 24% and 8% respectively, with the
106 147
0+0+ 0+ 230+220+0+22
Falcon 7X being the most popular Falcon model

and Citation CJ1 from Textron.
DASSAULT
0%
-8%
106
97
MEDIUM
3%
-5%
152
145
0+0+ 0+ 210+220+0+22
Long-range jets continue to be the most popular 78 81
0+0+ 0+ 110+120+0+11
0+0+ 0+ 200+180+0+19
of all size categories in the region, with a 31% -4% CORP. 1%
EMBRAER 75 AIRLINER 82
market share. Large size jets are next, with a 1% 1%
76 83
market share of 23%.
37 76
0+0+ 0+ 100+100+0+10
0+0+ 0+
Although Mainland China saw its fleet decrease 5% -7%
BOEING 39 VERY LIGHT 71
for the second consecutive year, with 332 -8% 3%
36 73
operational business jets, it still has the largest
fleet in the region. Australia, India and Hong Kong 34
0+0+ 0+ 5+0+0
come in second, third and fourth with 199, 138 -6%

AIRBUS 32
and 122 business jets, respectively. Collectively 9%
35
these four regions account for 65% of the Asia
0+6+0
Pacific’s total operational business jet fleet. 1

0+0+70+0+0
200%
HONDAJET 3
The regions of Oceania and South East Asia were 133%
7
the fleet growth drivers for 2019 – both regions TOTAL
0+1+0
experienced a net fleet growth of 10 jets each. The

0+0+2
18 2017 (1,185)
6%
individual country with the highest net fleet growth OTHERS* 19 2018 (1,202)
32%
was Australia – a growth of 10 business jets. 25 2019 (1,213)
Others*: Other OEMs include British Aerospace, Cirrus, Dornier, Eclipse, Fokker, IAI, Nextant, North American and Pilatus.
4 ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019

Note: Historical fleet data is based on Asian Sky Group's
ASIA PACIFIC BUSINESS JET FLEET GROWTH adjusted and updated fleet numbers.
Historical & Forecast
1250
1,213
1,202 0.9% -0.5% 1,207
1,185 1.4%
1200
2.2%
1,159
3.1%
1150 1,124
5.4%
1100
COMPOUNDED
1,066 GROWTH FROM
2014 TO 2019
1050
2.6%
1000
950
2014 2015 2016 2017 2018 2019 2020 Est.
East Asia (Japan & South Korea) saw the highest growth rate for The most dollars were lost is in transaction activity for long-range
2019, with the region’s fleet increasing by nine jets for a growth sized aircraft – decreasing from 87 transactions (32 brand-new
rate of 12% over year end 2018. Japan’s fleet grew by eight and 55 pre-owned) in 2018 to 57 transactions (20 brand-new and
aircraft (15% growth, second only to Vietnam) and the most 37 pre-owned) in 2019.
popular models were the F2000 and the Honda Jet.
For Asia-Pacific owners and operators, Offshore Registries
At the bottom of the table, Greater China which represents 40% continue to increase their appeal. The offshore registered fleet
of the total Asia Pacific fleet, saw a reduction of 16 aircraft, a grew by 20 aircraft – from 145 in 2018 to 165 in 2019 – and from
decrease of 3% versus year end 2018. The largest contributor year end 2017 have grown by 23%. The majority of the offshore
was Mainland China which witnessed a reduction in its fleet registered aircraft belonged to the long-range size category, at
of 13 aircraft (a decrease of 4%) representing the largest 65%. Hong Kong and Mainland China had the largest number
deduction in the Asia-Pacific region with G550s and G450s of offshore registered aircraft – 61 and 38, respectively. With a
being the big movers. 50% market share, Cayman Islands ‘VP-C ‘registry was the most
popular offshore registration in the Asia-Pacific region.
Regarding operators, Sino Jet, with a fleet of 45 aircraft and
incredibly 16 different model types, topped the chart for the first With a look to what the future holds, the global COVID-19
time with the largest fleet. Sino Jet added a net seven aircraft pandemic has significantly limited our visibility. The Asia-Pacific
in 2019 and was showed the fastest growth of any operator fleet has been growing y-o-y since 2014 at a compounded growth
in 2019. The majority of the Top 10 operators, however, lost rate of 2.6%. However, the rate of growth has been decreasing
aircraft, losing a combined 11 net aircraft. The Top 20 operators over the past two years, to only 0.9% in 2019 – the lowest of the
account for 32% of the total Asia Pacific fleet, with 14 of the 20 past five years. With fleet growth already in decline, the added
operating in Greater China. deterioration of the economic conditions throughout the region
increases the odds of future improvement look even bleaker, with
Transaction activity is the other big story of the year. Transactions the business jet fleet not expected to grow in the coming year.
decreased significantly in 2019, falling from 54 brand-new However, it should also be noted that the pandemic – despite
transactions and 178 pre-owned transactions in 2018 to only its terrible toll on those impacted – could increase business
45 and 120 in 2019, respectively. In terms of units traded, this jet utilization. For HNWI and corporations that were previously
represents a reduction of almost 30%. In terms of market value, ambivalent about private aviation, the lingering safety concerns
the numbers are equally as eye opening: brand-new transactions raised by COVID-19 will likely entice many of Asia Pacific’s elite to
fell from US$2.3 billion to US$2.1 billion while pre-owned utilize private aviation.
transactions fell from US$2.5 billion to US$1.7 billion. Combined,
the Asia-Pacific market lost a total of US$1.1 billion in transaction
value through 2019.
ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019 5

MARKET OVERVIEW
67 16
19
REGIONAL OVERVIEW
100 99
345 332
33 4037
4140 17171219101812 1415 88
55 63
20 21
SOUTH KOREA JAPAN

125 122
MAINLAND
CHINA 27 27
139 138 10 10
1213
TAIWAN
MACAU HONG KONG
40 35
48 51
INDIA THAILAND 4 7
VIETNAM
58 59 61 63 PHILIPPINES
444850 5659
SINGAPORE MALAYSIA
45 49
INDONESIA
1,202 1,213 189 199
1,185
2.2% 1.4% 0.9%

20171 20181 2019
AUSTRALIA
Note (1): 2017 and 2018 data is based on Asian Sky Group's adjusted and updated numbers.
Note (2): Fleet distribution is based on business jets in service and their active bases of operation.
Note (3): Others include Brunei, Bangladesh, Cambodia, New Caledonia, Marshall Islands,
Myanmar, PNG, Cook Islands and French Polynesia.
Note (4): Region is defined in appendix on page 55.
66 ASIA PACIFIC REGION

BUSINESS
BUSINESS
JET FLEET
JETREPORT
FLEET REPORT
– YEAR END
– YEAR
2019
END 2019
MARKET OVERVIEW
T
here were a total of 1,213 business jets in the Asia-
Pacific region at year end 2019. The fleet, which
BUSINESS JET FLEET2
ASG has been tracking since 2014, registered its
slowest annual growth since 2014: just 0.9%.
LARGEST MARKET
Despite seeing a reduction of 13 aircraft – from 345
jets at year end 2018 to 332 jets at year end 2019, 332
Mainland China remained the largest business jet MAINLAND CHINA
market in the region. Combined with Hong Kong,
Taiwan and Macao, Greater China represents 40% of
the total Asia-Pacific fleet. LARGEST NET FLEET ADDITION
Australia is the second largest market a fleet of 199 +10

business jets – an increase of 10, from 189 at year AUSTRALIA
end 2018 to 199 at year end 2019. India (138 jets) and
Hong Kong (122 jets) were the third and fourth largest
markets in the Asia-Pacific region, respectively. LARGEST NET FLEET DEDUCTION
Oceania and South East Asia registered the largest

-13
MAINLAND CHINA
fleet growth at year end 2019 – with 10 net additions
each. Australia was the main growth driver for all
the Asia-Pacific region during 2019, single-handedly
contributing to the fleet growth of Oceania, though
notably all of the additions being in the Light and Very FLEET GROWTH FOR THE MAJOR MARKETS
Light size category. East Asia also registered significant
growth, increasing by nine aircraft; with eight of the
Net Fleet Growth Growth Rate
nine additions to the East Asia fleet coming from Japan
REGION4 2018 2019 2018 2019
and consisting mainly of F2000LXSs and HondaJets.
Oceania +9 +10 4% 5%
Southeast Asia +14 +10 6% 4%
Greater China and South Asia both saw negative
East Asia - +9 - 12%
growth rates: -3% and -1%, respectively. The Mainland
South Asia -2 -2 -1% -1%
China fleet decreased by 13 (4% decrease) – the
Greater China -4 -16 -1% -3%
largest deduction in the Asia-Pacific regionin 2019
TOTAL +17 +11 1.4% 0.9%
and the majority from the Long Range and Large size
45
categories. India also saw a slight 1% decrease.
Net Fleet Growth Growth Rate
Although small in overall numbers, Vietnam’s fleet COUNTRY/REGION 2018 2019 2018 2019
66
Australia +4 +10 2% 5%
almost doubled, to seven business jets. Combined
Japan +1 +8 2% 15%
with growth in countries such as Indonesia and the
Indonesia +3 +4 7% 9%
Philippines, it serves as a reminder that the Asia is not
Philippines - +3 - 6%
just a ‘China story’. While Greater China has historically
Vietnam +3 +3 300% 75%
been the growth driver for the Asia Pacific region
Malaysia +1 +2 2% 3%
overall, the changes seen over 2019 highlight the fact South Korea -1 +1 -5% 5%
that other markets can also make a significant impact Singapore +6 +1 12% 2%
and should not be ignored. Macau +1 - 11% -
New Zealand +3 - 19% -
Taiwan +2 - 8% -
India -2 -1 -1% -1%
17 18 Hong Kong - -3 - -2%
Thailand +2 -5 5% -13%
OTHERS3 Mainland China -7 -13 -2% -4%
Others +1 +1 6% 6%
19 19
TOTAL +17 +11 1.4% 0.9%
NEW Rank by 2019 net fleet growth from the largest.

ZEALAND

MARKET OVERVIEW
COUNTRY SNAPSHOTS
GREATER CHINA INDIA

Greater China, including Mainland China and the Special With 138 business jets, India was home to the third largest market
Administrative Regions of the People’s Republic of China — Hong in the Asia-Pacific region by year end 2019. The fleet decreased by
Kong, Macau and Taiwan, had a total fleet of 491 business jets one since 2018; attributed to four new deliveries, three pre-owned
as of year end 2019, witnessing a fleet reduction of 16. Overall, additions and eight deductions.
Greater China saw 18 new deliveries along with 12 pre-owned
additions and 46 deductions. Greater China is also home to nine MALAYSIA
of the 10 of the top business jet operators in the Asia-Pacific Malaysia had 63 business jets at year end 2019. The fleet size
region. 2019 has been a difficult year for business aviation in increased by two from the previous year; an increase of 3%,
Greater China, with the fleet witnessing a drop of 3% and many attributed to two new deliveries, seven pre-owed additions and
prominent operators witnessing large reductions in their fleet seven deductions. The large and long-range size categories were
size. The future trend is not expected to improve as Chinese the most dominant size categories in the country, accounting for
buyers become more reluctant to invest in high-value assets due 25% and 24% of the country’s fleet.
to the deteriorating economic conditions of the world amidst the
COVID-19 crisis. SINGAPORE
Singapore had 59 business jets at year end 2019. The fleet size
AUSTRALIA
increased only slightly by one, from the previous year; a 2% growth
With 199 business jets, Australia is home to the second largest rate, attributed to 7 pre-owned additions and 6 deductions. 44% of
fleet in the Asia-Pacific region. The fleet increased by 10 since year the jets belong to the long-range size category, followed by large
end 2018 – a 5% growth rate. The increase is attributed to seven (22%) and medium-size (17%) sized jets.
new deliveries, 11 pre-owned additions and eight deductions.
The light size category continued to be the most dominant size
category in the country, serving domestic tourism and corporate
use. The Australian fleet has an average age of 21 years making it
one of the oldest in the region.

MARKET OVERVIEW
FOR ALL COUNTRY PROFILES PLEASE VISIT: WWW.ASIANSKYMEDIA.COM
JAPAN THAILAND
Japan had 63 business jets as of year end 2019. The fleet Thailand had 35 business jets in 2019. The fleet decreased by five
increased by eight since the previous year; a growth rate of 15%, from the previous year; a negative growth rate of 13%. Thailand
attributed to eight new deliveries, four pre-owned additions and the only country in the region to not acquire any new aircraft
four deductions. 38% of the country’s jets belong to the light size during 2019. The long-range size category continued to be the
category, followed by long-range (30%) and large (13%) sized jets. most dominant size category in the country, accounting for 31%
Textron and Gulfstream are the most popular OEMs in the country of the country’s fleet, followed by medium (22%) size jets.
accounting for 49% and 27% of the fleet respectively.
SOUTH KOREA
PHILIPPINES South Korea had 21 business jets as of year end 2019. The fleet
The Philippines had 51 business jets at year end 2019. The fleet size increased by one from the previous year, growing 5%. This
increased by 3 from the year prior – a 6% growth rate. The growth is attributed to one new delivery and one pre-owned addition,
is attributed to three new delivery and two pre-owned additions, offset by one deduction. The long-range size category is the most
offset by two deductions. 41% of the jets belong to the light size dominant size categories in the country, accounting for 29% of the
category, followed by large (22%) and medium (20%) sized jets. country’s fleet, followed by the light (24%) category.
INDONESIA NEW ZEALAND

Indonesia had 49 business jets at year end 2019. The fleet has New Zealand had 19 business jets in 2019, which was the same
increased by four since the previous year; a 9% growth rate, as at year end 2018. Although this market saw no growth,
attributed to one new delivery, six pre-owned additions and three there was still two new deliveries offset by two deductions. The
deductions. 35% of the jets belong to the large size category, light size category is the most dominant size category in the
followed by light (22%) and medium (18%) sized jets. country, accounting for 26% of the country’s fleet. Very- light ,
Medium and Large size jets come in next, each accounting for
21% of the total fleet.

MARKET OVERVIEW
TOTAL FLEET BY COUNTRY/REGION AND OEM 1,213 in Total
BOMBARDIER
GULFSTREAM
% OF TOTAL
HONDAJET
EMBRAER
DASSAULT
TEXTRON
OTHERS
BOEING
AIRBUS
TOTAL
10060+ 42+ 37+ 19+ 19+ 18+ 15+ 15+ 11+ 8+ 6+ 6+ 3+ 2+ 5+

MAINLAND CHINA 96 117 42 34 15 13 14 1 332 27% 332
AUSTRALIA 77 11 75 9 8 3 16 199 16% 199
INDIA 30 8 55 22 21 1 1 138 11% 138
HONG KONG 39 67 2 7 2 2 3 122 10% 122
JAPAN 4 17 31 6 1 4 63 5% 63
MALAYSIA 24 12 9 4 3 4 5 2 63 5% 63
SINGAPORE 28 15 4 3 6 1 1 1 59 5% 59
PHILIPPINES 10 13 23 2 1 2 51 4% 51
INDONESIA 8 8 15 14 2 2 49 4% 49
THAILAND 2 11 10 2 2 3 4 1 35 3% 35
TAIWAN 7 12 3 1 1 3 27 2% 27
SOUTH KOREA 2 4 10 1 3 1 21 2% 21
NEW ZEALAND 4 2 9 3 1 19 2% 19
MACAU 4 3 1 2 10 1% 10
VIETNAM 3 1 2 1 7 1% 7
OTHERS 4 7 2 4 1 18 1% 18
TOTAL 335 307 295 97 76 36 35 7 25 1,213 100%

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AIRCRAFT SPOTLIGHT: DASSAULT FALCON 6X
AIRCRAFT SPOTLIGHT
DASSAULT FALCON 6X
THE MOST SPACIOUS CABIN IN THE SKY
Dassault Aviation’s new Falcon 6X ultra widebody twinjet made its Asia-Pacific debut at the
Singapore Airshow in February with a life-size mock-up of the aircraft’s cabin—the highest and
widest of any purpose-built business jet.

T
he 78 inches (198 cm) of headroom and 102 inches (259
cm) of cabin width offered by the 6X improves on the
cross-section of Dassault’s ultra-long range flagship, the
Falcon 8X. Enough for any passenger ―even the tallest to stand
tall and move about freely and easily throughout the aircraft.
The space provided by the 6X’s 40-foot, 4-inch (12.3m) long

cabin allows for three large lounge areas and a wide variety of
cabin configurations. Customers can choose a shower option, for
example, or opt for a large entryway with a certified crew rest for
very long flights.
But spaciousness is not the only criterion of comfort that

defines the 6X. “Prompted by extensive research into evolving areas and lounges easily turned into sleeping areas. The Falcon
customer tastes, Dassault Aviation’s interior design team designers have also added little touches that can make spaces
completely rethought every aspect of the long-range business warmer: cabin lighting, for example, can be easily dimmed from
jet,” says Jean-Michel Jacob, Asia-Pacific president of Dassault an app on a passenger’s personal device.
Aviation civil aircraft. “The result is what we consider ‘the
ultimate cabin experience’.” And last but not least, customers will have access to
FalconConnect, a new inflight broadband service that keeps
“Passengers on the 6X will travel in an ultra-quiet cabin that passengers fully connected at all times, anywhere in the world.
benefits from noise suppression advances developed for the FalconConnect integrates all cockpit and cabin ground-based and
Falcon 8X—the quietest business jet on the market. They will fly at satellite communications into a single bundled offering, making
a cabin altitude of just 3,900ft (1,189m) when cruising at 41,000ft on-board connectivity systems easy to use and consumption
(12,479m) and stay fully refreshed throughout long flights thanks simple to manage and control.
to the aircraft’s advanced environmental control system.
“In short,” says Jacob, “the Falcon 6X is designed to be an office
The cabin’s 30 extra-large windows supplemented by a skylight and home in the sky.”
over the galley area ―a first in the business jet industry—provides
abundant natural light,” adds Jacob. This unprecedented level of comfort, combined with the long
range and exceptional short take-off and landing capability that
The 6X will also permit more flexibility in floorplan arrangements. all Falcons are renowned for, will make the 6X a top choice for
For example, work desks can be quickly converted into dining Asian customers, Jacob predicts.

The Falcon 6X will fly up to 5,500nm

(10,186km) and it can cruise at Mach .85.
This translates into flying non-stop from
Singapore to Moscow, Beijing to San
Francisco and Mumbai to Melbourne.
And with a balanced field length of just

5,480 feet (1,670m), the 6X can also use
more airports and get passengers closer
to their destinations than other business
jets of comparable size. Partially loaded,
it can access runways as short as 3,000
feet (914m), an important factor given the
many small size airports that dot the Asia-
Pacific region.
“The Falcon 6X’s short take-off and landing performance can be The aircraft is also equipped with a number of other advanced
attributed to several innovative features,” says Jacob. “The wing is systems, including the FalconSphere II electronic flight bag,
equipped with leading edge slats and trailing edge flaps that are FalconScan on board real time self-diagnosis system, capable
optimized for high and low-speed performance and integrated of monitoring more than 10,000 different system parameters,
into the aircraft’s smart digital flight control system (DFCS). It and an onboard inert gas generator system (OBIGGS) that totally
also carries active, high-speed deflection control surfaces known eliminates the risk of fuel incidents. The 6X is the first business jet
as flaperons ―first introduced on Dassault’s Rafale fighter—that to be equipped with OBIGGS.
allow greater control on steep descents.”
In addition, the aircraft will be qualified to use Dassault’s FalconEye
The 6X comes with a totally redesigned cockpit equipped with four combined vision system, the first civil head up display to combine
large windshields offering 30% more window area for enhanced enhanced and synthetic vision capabilities. FalconEye combines
visibility, improved flight crew seating, an enhanced third synthetic, database-driven terrain mapping, and actual thermal and
generation EASy III all-digital flight deck and an RDR4000 weather low-light camera imaging into a single view on a heads-up display
radar capable of detecting turbulence at greater distances than (HUD), providing pilots with unbeatable situational awareness in
ever before. all conditions, day or night, and enabling them to fly poor visibility
approaches with exceptional safety and reliability margins.

" DASSAULT IS UNIQUE IN BEING THE

ONLY BUSINESS JET MAKER THAT
ALSO MAKES FIGHTER AIRCRAFT
"
“Dassault is unique in being the only business jet maker that also guarantees customers access to a full range of reliable aircraft
makes fighter aircraft,” says Jacob. “The engineers who design and engine services across the Asia-Pacific, from Beijing to
the Rafale fighter are the same ones who design Falcon aircraft. Wellington, New Zealand.
We have found that many crossover technologies from military
applications can directly impact the operational performance and “Providing around-the-clock assistance is a critical part of our
feel of our Falcons.” commitment to maximizing customer satisfaction,” says Jacob.
“The result can be seen in two operator surveys conducted last
“One that I am particularly fond of is the cockpit’s fighter jet-styled year by Pro Pilot Magazine and Aviation International News (AIN),
side-stick controller. In combination with digital flight control which both voted Dassault Aviation the top service provider in
system computers, the smart Dassault side-stick allows pilots the business jet sector. Operators cited spares availability, cost
to control the aircraft with optimal smoothness while providing of parts, speed of AOG service and overall aircraft reliability as the
higher safety margins.” major motivating factors in their decision.”
The Falcon 6X is powered by Pratt & Whitney’s PW812D, a proven “Dassault recently acquired a series of large maintenance, repair
13,000-14,000lb thrust engine designed for fast, long-range and overhaul businesses, in particular ExecuJet, that have enabled
business jets and optimized for the 6X. The PW812D is based the company to expand its company-owned maintenance, repair
on Pratt & Whitney’s latest-generation PW800 geared turbofan and overhaul network in the Asia Pacific,” Jacob says.
design, which combines low noise with high levels of fuel
efficiency and reliability. Final assembly of the first Falcon 6X has already started at the
company’s assembly plant at Bordeaux-Merignac in France. The
“With its best-in-industry technology, much like the 6X itself, aircraft is due to be certified in 2022 in time for entry into service
the PW812D was a natural choice,” says Jacob. “But another that same year.
important factor was Pratt’s peerless support.” Together with
www.dassaultfalcon.com
Dassault’s own Falcon service centre network, the Pratt solution

MARKET TREND
MARKET TREND
BUSINESS JET ADDITIONS AND DEDUCTIONS HISTORICAL MOVEMENTS
2017 2018 2019
1,300 +50
+45
1,202 1,213
0+58058+ 480+ 0+66060+ 540+ 0+960100+ 900+ 0+27028+ 130+

1,200
-84 89 93 84
1,100
61
54 54 56 50
1,000 45
900 25 26
11
800
Fleet New Pre-Owned Deductions Fleet New Pre-owned Deductions Intra-APAC
2018 Deliveries Additions 2019 Deliveries Additions Movements
The Asia-Pacific fleet stood at 1,213 at year end 2019, a net drop in the number of additions compared with 2018 – down to
increase of 11 from the 1,202 aircraft at YE 2018. However, the 95 in 2019 from 110 in 2018. There were also 11 intra-regional
growth rate decreased versus the past year – from 1.4% in 2018 movements in 2019 for a total of 190 aircraft movements for the
to only 0.9% in 2019. The net increase of 11 aircraft was due to year. This was a 17% reduction from 2018 when there was a total
45 new deliveries, 50 pre-owned additions and 84 deductions. of 229 movements.
So, 2019 had fewer deductions than 2018, but it also saw a
The business jet fleet in the Asia-Pacific region posted a net

growth of 0.9% in 2019, falling from 1.4% in 2018. The region TOP MODELS IN LAST 3 YEARS
added 95 business jets in 2019, offset by 84 deductions attributed 2017 2018 2019
to retirement, transactions and relocation out of the region – New Deliveries
0+99063+ 540+ 0+09450+ 0+63036+ 360+ 0+18027+ 180+ 0+99090+ 180+ 0+36045+ 180+
resulting in a net addition of 11 business jets. 11 1110
7 7
Gulfstream had the largest number of new deliveries in the region 6 5 44 3 4 5
– a total of 12 business jets which accounted for 27% of the 2 2 2 2
1
total new deliveries in 2019. The G650/ER family remained the 0
most popular new aircraft delivered for the third consecutive year, G650ER Falcon Global Falcon G650 G550
2000 6000 8X
accounting for eight new aircraft deliveries.
0+36018+ 450+ 0+3609+ 450+ 0+027360+ 0+9+036180+ 0+3609+ 180+ 0+4509+ 0+

Bombardier had the largest number of pre-owned deliveries in the Pre-owned Additions
region – a total of 16 business jets, which accounted for 32% of the 5 4 5 5
4 34 4 4
total pre-owned deliveries in 2019. The G6000 was the most popular 2 1 1 2 1 2 1
0 0
pre-owned Bombardier model with five pre-owned aircraft added.
Global G550 Learjet Learjet G650ER Challenger
6000 35/36 60/XR 800/850
Bombardier also had the largest number of combined additions
(26) in 2019 – 10 new deliveries and 16 pre-owned additions. Deductions
Gulfstream came in second with 24 additions – 12 new deliveries
0+9+054630+ 0+81081+ 630+ 0+36054+ 540+ 0+27036+ 450+ 0+27036+ 180+ 0+45036+ 180+
and 12 pre-owned additions. 9 9
7 7
6 6 6 5
4 5
4 3 4 4
Although Bombardier had the largest number of additions in 3 2 2
1
the region, it also had the highest number of deductions from
the region - a total of 18 Bombardier aircraft (21% of the total Falcon G550 G450 Legacy Challenger Hawker
7X 650 605 800/XP
deductions). Gulfstream, Textron and Dassault also witnessed
significant deductions – 17 (20% of the total deductions) each. Rank by 2019 net fleet growth from the largest.
G550 and Falcon 7X witnessed a total of seven deductions each.

MARKET TREND
Despite leading the market in terms of new deliveries, Mainland The Asia Pacific fleet has been growing y-o-y since 2014, but
China, which had been the business jet fleet growth driver in the at a decreasing rate. However, with the economic conditions
Asia-Pacific region up to 2017, still witnessed a reduction in its deteriorating and chances for future improvement in conditions
fleet for the second consecutive year in a row. The reduction was looking bleak, the business jet fleet is not expected to grow in
bigger in 2019 versus 2018, an increase from -7 to -13. 2020 with ASG forecasting the fleet to contract 0.5%
FOR MORE INFORMATION ON JET MOVEMENTS,

BUSINESS JET MOVEMENTS1 PLEASE REFER TO OEM OVERVIEW.
New Deliveries
NET CHANGE IN 2019 (UNITS) FLEET SIZE (UNITS) AIRCRAFT VALUE ($M)2 NET CHANGE IN 2019 ($M)
100+7541+84+26+156+53 82+10023+943+32+ 1+ 56+10059+18 +5310+0

12 12 GULFSTREAM $593.1 $757.4
9
1
2
1
1
1
2
-
-
6+ 2844+94+ 94100+ 6+ 6+ 619+44+ 75100+ 8+ 17+ 25+ 3358+83100+
10
7
4
3
3
2
2
1
1
45
BOMBARDIER
DASSAULT
TEXTRON
PILATUS
HONDAJET
EMBRAER
CIRRUS
BOEING
AIRBUS
TOTAL
$45.2
$25.7
$14.6
$34.8
$4.8
$2,048.4
$242.0
$332.0
$314.0
$442.2 $48.2
$1.0
$27.1
$7.9
$4.6
$25.5
$4.8
$240.0
$247.0
$207.5
Pre-owned Additions
NET CHANGE IN 2019 FLEET SIZE (UNITS) AIRCRAFT VALUE($M) NET CHANGE IN 2019 ($M)
6 16 BOMBARDIER $224.4 $3.8

5 12 GULFSTREAM $272.2 $106.4
2 7 EMBRAER $61.8 $29.4
6 7 TEXTRON $25.2 $17.3
3 3 AIRBUS $115.8 $115.8
1 1 HONDAJET $4.0 $4.0
5 1 DASSAULT $2.6 $83.5
1 1 BOEING $2.2 $34.8
1 1 ECLIPSE $0.8 $0.8
1 1 IAI $0.3 $0.3
5 50 TOTAL $709.2 $124.9
Deductions
NET CHANGE IN 2019 FLEET SIZE (UNITS) AIRCRAFT VALUE ($M) NET CHANGE IN 2019 ($M)
3 18 BOMBARDIER $198.0 $44.9

13 17 GULFSTREAM $355.5 $265.8
6 17 DASSAULT $211.4 $3.4

5 17 TEXTRON $65.1 $1.6
1 8 EMBRAER $64.3 $21.3
4 5 BOEING $188.5 $164.5
2 1 AIRBUS $36.0 $49.8
1 1 IAI $0.3 $0.2
9 84 TOTAL $1,119.1 $132.6
Note (1): Excludes any intra-APAC movements.

Note (2): Aircraft Value is sourced from Aircraft VREF and ASG estimates, which are based on aircraft's year of manufacture, with assumptions of standard
equipment, configuration and average yearly utilization.

MARKET TREND
BUSINESS JET TRANSACTIONS
Brand New Transactions

FLEET SIZE (UNITS) AIRCRAFT VALUE ($M)
178
162
83100+
55
54
36
54
45
17
13 41
55
69
54
2017
2018
2019
2018
100+8372
Pre-owned Transactions
FLEET SIZE (UNITS)
2017
AIRCRAFT VALUE ($M)
627
984
965
429 195
$2,048
382
$2,256
933
$2,719
519 $2,493
$2,541
120 35 4 31 50 2019 601 339 94 622 $1,656
Domestic Transactions Regional Transactions Into APAC Out of APAC
TRANSACTION: Only include whole sale transactions. Share/lease/
0+13023+ 130+ 0+11014+ 110+ 0+6+0980+ 0+6+0810+ 0+0120+

internal transactions are not included.
DOMESTIC TRANSACTIONS DOMESTIC TRANSACTIONS: Transaction takes place within same country.
2017 2018 2019
REGIONAL TRANSACTIONS: Transaction takes place within Asia Pacific
(E.g., Aircraft sold from China to buyer in Singapore)
23
13 13 111411 INTO APAC: Aircraft sold by seller based outside of Asia Pacific;
6 9 8 68 1 0 1 2 Aircraft is now based in Asia Pacific.
Greater Oceania Southeast South East Asia OUT OF APAC: Aircraft sold by seller based in Asia Pacific; Aircraft is
China Asia Asia now based outside of Asia Pacific.
2019 saw a significant decrease in the number of brand-new transactions decreasing by three (from six in 2018 to three in
and pre-owned aircraft transactions - falling from 54 and 178 2019) and pre-owned transactions decreasing by 13 (from 26 in
in 2018 to only 45 and 120 in 2019, respectively. In terms of 2018 to 13 in 2019). Notable among the pre-owned transactions
market value, the brand-new transactions fell from US$2.26B to was the increase in corporate airliner transactions – from five in
US$2.05B while pre-owned transactions fell from US$2.54B to 2018 to nine in 2019. With just nine pre-owned transactions (8%
US$1.66B. The biggest decrease in transaction activity was in of total pre-owned transactions), corporate airliners accounted for
the long-range aircraft category, as the long-range aircraft have US$0.3B of the total pre-owned transaction value.
the highest value typically. This led to a disproportionate impact
to transaction value for the year. The transactions fell from 87 Despite witnessing the largest decrease in transaction activity, long-
(32 brand-new and 55 pre-owned) in 2018 to 57 (20 brand-new range jets still remained the most frequently transacted aircraft
and 37 pre-owned) in 2019. Medium sized aircraft also saw type in 2019, equating to a transaction value of US$1.9B – US$1B
a drop-in transaction activity, with the number of brand-new worth of brand-new and US$0.9B worth of pre-owned transactions.

Avion Pacific Group
Aviation Consulting Service
Aviation Law/Transaction Consulting
Aircraft transaction full process consulting, cross-border aviation legal consultancy, aircraft transaction
regulation and risk management consulting, Chinese-English bilingual transaction contract drafting,
Chinese-English bilingual business negotiation support, cross border (mainland China) aircraft importation
阿斯蒂芬
(acquisition, delivery and management) consulting & handling
General Aviation Market Analysis

GA project feasibility report, GA market feasibility report, GA business proposal
GA Operations Consulting and Support

GA operations management, flight and operations safety auditing, GA manual drafting, special missions
training service (within & out of China), aircraft management and maintenance, crew support
Avion Pacific Group Introduction

Established in 1993, Avion Pacific Limited is an international team with core members carrying nearly 40
years of professional aviation experience, with many record-breaking achievements in China’s GA industry.
The company have now expanded to provide a range of services including but not limited to aircraft sales
agency, aircraft transaction support, aviation consultancy, GA media, GA operations, and helicopter special
missions training.
For further detail, please contact

Email：marketing@avionpacific.com
Telephone：+86 755 26670729
www.avionpacific.com/en.php
FALCON SPECIAL MISSION AIRCRAFT
SPECIAL FEATURE:
FALCON SPECIAL
MISSION AIRCRAFT
With a long history of designing and building military aircraft, while incorporating fighter jet technology
into its line of civil aircraft, Dassault Aviation is ideally suited to meet a wide-range of military and public
service missions with demanding requirements. It’s high-performing line up of Falcon Jets, with their
cabin flexibility and range, have the proven capabilities to meet such missions.
W
hen equipped with specific systems, a Special Mission Japanese Coast Guard operates four Falcon 2000LXS aircraft for
Aircraft (SMA) can operate missions, such as search maritime surveillance and SAR. The Korean Air Force operates two
and rescue (SAR), medevac transport, reconnaissance Falcon 2000S aircraft for intelligence purposes. And, the Ministry
and surveillance and environment protection. of Interior (Thailand) operates a Falcon 2000S for medevac, while
Beijing 999 operates one Falcon 2000LX for medevac.
To undertake such tasks, each SMA is decked out with
sophisticated equipment. This can include surveillance radar,
forward-looking infrared (FLIR) systems, specific radio-equipment,
AIS system, large observation windows, search and rescue (SAR)
devices, equipment for medical evacuation, jammers and missile
detectors. The integration of such mission system types is
customized to answer the specific need of each customer.
The experience Dassault Aviation has in designing military and

commercial aircraft has allowed the company to design aircraft to
meet the complex requirements laid out by each customer.
The latest of these include three Falcon 7X aircraft operated by

the Royal Australian Air Force for VIP transport. Notable, the
Royal Malaysian Air Force and the Government of Papua New
Guinea operate variants of the Falcon 900 for VIP transport. The

FALCON SPECIAL MISSION AIRCRAFT
The Falcon 2000 has met the need for

several Government operators, not only
in the Asia Pacific but across the world.
This aircraft is well positioned to fulfill
the complex requirements of customers
throughout Asia Pacific and across the
world; This may be related to range
or loitering capabilities, as well as the
convenience of transforming from a
civilian aircraft into an SMA. The large
zero-fuel weight (ZFW) of this aircraft
allows it to embed heavy payload without
hampering the range of the aircraft.
Furthermore, the performance of its
engines and aerodynamics allow it to go
fast and far. The design of its wings fitted
with flaps and slats, coupled with the
engine performance, allow the Falcon 2000
THE FALCON 2000 MRA (MULTI-ROLE AIRCRAFT) CAN BE to take-off and land on a short runway,
CUSTOMIZED TO COMPLETE THE FOLLOWING MISSIONS allowing flexibility to carry-out MEDEVAC
AND TASKS, DEPENDING ON THE SUITE OF EQUIPMENT operations from very demanding airports.
AND SENSORS SELECTED BY THE CUSTOMERS:
www.dassault-aviation.com
• Search And Rescue (SAR),
• Maritime Reconnaissance, THE FALCON 2000
• Reconnaissance & Over The Horizon Targeting (OTHT), HAS MET THE
• Anti-Surface Warfare (AsuW), NEEDS OF SEVERAL
• Intelligence, Surveillance and Reconnaissance (ISR), GOVERNMENT
• Electronic Intelligence (ELINT), OPERATORS, NOT
• Forces Training (Target Towing, EW, Simulation…), ONLY IN THE ASIA
• MEDEVAC capabilities,
PACIFIC BUT ACROSS
THE WORLD.
• Flight Checker (FC)
• Personnel and light equipment transportation.
FALCON 2000 MRA DIMENSIONS

OVERALL LENGTH 66 ft 4 in 20.23 m
OVERALL HEIGHT 23 ft 2 in 7.06 m
SPAN 70 ft 2 in 21.38 m
CROSS SECTION (EXTERNAL) 98.4 in 2.50 m
CABIN HEIGHT 74 in 1.88 m
CABIN WIDTH (MAXIMUM) 92 in 2.34 m
CABIN WIDTH (FLOOR) 75.2 in 1.91 m
CABIN LENGTH 26 ft 2 in 7.98 m
CABIN VOLUME 1024 cu. ft 29 m3
ENTRY DOOR SIZE 31.5 in x 67.7 in 0.8 m x 1.72 m
EMERGENCY EXIT SIZE (TYPE III) 21.0 in x 36 in 0.53 m x 0.92 m
WEIGHT
MAXIMUM TAKE OFF WEIGHT 42,800 lbs 19,414 kg

AIRCRAFT REGRISTRY OVERVIEW
SPECIAL FEATURE:
AIRCRAFT REGISTRY OVERVIEW

OF THE 1,213 OPERATIONAL BUSINESS JETS IN THE ASIA-PACIFIC REGION AS OF YEAR END 2019,
CHINA ‘B-‘ AND UNITED STATES ‘N’ REGISTRIES WERE THE MOST POPULAR AIRCRAFT REGISTRIES,
BOTH ACCOUNTING FOR 21% OF THE TOTAL FLEET. AUSTRALIA ‘VH-‘ AND INDIA ‘VT-‘ REGISTRIES CAME
IN NEXT – WITH 15% AND 11%, RESPECTIVELY. TOGETHER, THE TOP FOUR REGISTRIES MADE UP
NEARLY 67% OF THE TOTAL FLEET IN THE ASIA-PACIFIC REGION.
NET FLEET GROWTH BY REGISTRY
M
010099+ 970 09497+ 950 06365+ 670 05051+ 490 02830+ 320 014+ 170 01415+ 160 011+ 110 01110+ 90 011+ 90
MAINLAND CHINA 263 ainland China, with 332 jets, has the largest
B- 260
fleet in the Asia-Pacific region, of which 250
253
are B- registered (75% of the total fleet).
247 The popularity of the B- registry can be attributed
UNITED STATES 256 to the number of aircraft owners that are based in
N 2017 (1,185)
250 Mainland China and who operate locally. Additionally,
2018 (1,202) aircraft registered with foreign registries are subject
167 to significant restrictions while operating within
AUSTRALIA 2019 (1,213)
170
VH- the region. The remaining quarter of the Mainland
176
China fleet is split between N-reg (13%) and Offshore
024+ 80 087+ 80 067+ 0 086+ 70 098+ 60 06+ 50 01617+ 180
Registry (11%), however the Offshore Registries
132 5
INDIA SAN MARINO 10 are becoming increasingly popular. The increasing
VT- 133
T7- 24 popularity of offshore registry is due to the heavy tax
131
imposed on aircraft being imported into Mainland
73 20 China whereas offshore registries allow tax free/
CAYMAN ISLANDS SOUTH KOREA 19 advantage structures.
VP-C
79
HL 20
83
The United States ‘N’ registry provides operational
17
37 flexibility and cost effectiveness in maintaining
JAPAN TAIWAN 19
JA
37 validations and approvals. These benefits lead most
B- 18
45
aircraft owners to register their aircraft with an ‘N’
20 registry. Macau, New Zealand, Malaysia, Singapore
38
PHILIPPINES BERMUDA 17 and Hong Kong are the regions that prefer ‘N’ registry
40
RP-C VP-B/VQ-B 18
43 over local registries.
24 The number of business jets that are offshore

28
INDONESIA 28
HONG KONG 21 registered have been increasing over the past two
PK- B-H/B-K/B-L 16
28 years – from 134 in 2017 to 165 in 2019. Offshore
registries provide several benefits over local registries.
15
30 Key among them is the tax free/advantaged structure.
ISLE OF MAN MALAYSIA 15
M-
25 Additionally, ownership data on offshore registries
9M- 14
24
are usually confidential and not easily obtainable,
41 increasing privacy. Offshore registries often require
28
THAILAND 28 OTHERS 45
HS- 47
23

less paperwork for the installation and replacement of aircraft Cayman Islands ‘VP-C‘ is the most popular offshore registry and
parts, thus saving on time and expenses. The number of offshore holds a 50% market share among the offshore registries. Isle of
registered aircraft is expected to continue growing as more Man ‘M-‘ and San Marino ‘T7- ‘were the next most popular, each
aircraft owners and operators in the Asia-Pacific region become accounting for 15% of the offshore registered fleet. Bermuda
aware of these advantages. registry came in fourth with a market share of 11%.
OFFSHORE registrations include Cayman Islands, Isle of Man, San Marino,

Bermuda, Malta, Guernsey and Aruba.
OTHERS indicate any registration except for Local, US and Offshore
REGISTRY COMPOSITION Local United States Offshore Others
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
TOTAL
FLEET
MAINLAND CHINA 332 75% 13% 11%
AUSTRALIA 199 83% 15% 2% 1%
INDIA 138 95% 2% 2% 1%
HONG KONG 122 12% 33% 50% 5%
JAPAN 63 71% 29%

BASE COUNTRY/REGION
MALAYSIA 63 22% 51% 24% 3%
SINGAPORE 59 2% 41% 37% 20%
PHILIPPINES 51 80% 12% 8%
INDONESIA 49 57% 27% 16%
THAILAND 35 66% 20% 11% 3%
TAIWAN 27 63% 33% 4%
SOUTH KOREA 21 95% 5%
NEW ZEALAND 19 42% 53% 5%
MACAU 10 10% 60% 30%

OFFSHORE REGISTRY MARKET
Offshore Registry Size Category

Medium 5 (3%)
51+15+131142G 65+19+133G
Guernsey 2-, 6 (4%) Aruba P4-, 3 (2%) Very Light 1 (<1%)
Malta 9H-, 7 (4%) Cayman Islands VP-C, 83 (50%) Corp. Airliner 21 (13%) Long Range 107 (65%)
Bermuda VP-B/
VQ-B, 18 (11%)
San Marino
T7-, 24 (15%)
165 Large 31 (19%)
165
Isle of Man M-, 24 (14%)
San Marino ‘T7-‘ registry witnessed the largest growth in the The majority of the offshore registered aircraft (107 business jet)
offshore registered fleet in 2019 – growing by 14, from 10 in 2018 regularly fly inter-regionally and internationally, and thus belong to
to 24 in 2019. Cayman Islands ‘VP-‘ registry came in second in the long-range size category. Unsurprisingly, large and corporate
terms of registered fleet growth – growing by four, from 79 in 2018 airliners come in second and third with 31 and 21 registered
to 83 in 2019. aircraft, respectively.
OFFSHORE REGISTERED FLEET 2017 (134) 2018 (145) 2019 (165)
Offshore Registry Country Size Category

LONG RANGE =
880+095+ 0100+ 6+0+012029+ 360+030+ 029+ 240+020+ 022+ 0+0508+ 4+0+0707+ 4+0+0504+ 760+086+ 0100+ 290+029+ 029+ 160+017+ 019+ 3+0+0305+ 1+0+0101+ 1+0+00+
83 107
73 79 92 65% OF TOTAL OFFSHORE
81 REGISTERED AIRCRAFT
24 30 25 24 31 31 31
20 17 18 17 18 21
5 10 7 3 6 6
0 4 3 4 3 3 3 5 1 1 1 1 0 0
Cayman Islands
T7-
Isle of Man
9H-
2-
VP-C
San Marino
M-
Bermuda
VP-B/VQ-B
Malta
Guernsey
Aruba
P4-
Long Range
Large
Corp. Airliner
Medium
Very Light
Light
Base Country/Region
HONG KONG AND CHINA BASED =
900+094+ 0100+ 500+053+ 061+ 230+031+ 034+ 160+015+ 024+ 8+0+011013+ 6+0+0606+ 6+0+0506+ 3+0+0305+ 2+0+0505+ 6+0+0303+ 0+002+ 0+0202+ 2+0+0202+ 0+020+ 3+0+0302+
61
56 57 60% OF TOTAL OFFSHORE REGISTERED AIRCRAFT
38
31 34
19 22
14 10 9 15 5 7 8 4 4 4 4 3 4 2 2 3 1 3 3 4 2 3 0 0 1 0 1 1 1 1 1 0 1 0 2 2 1
Hong Kong
Mainland China
Singapore
Indonesia
Australia
Thailand
Macau
South Korea
Malaysia
Philippines
India
Taiwan
Vietnam
Japan
Others

Hong Kong has the largest offshore registered fleet in the Asia- growth of four over 2018), followed by Jet Aviation – 20 business
Pacific region – 61 jets as of year end 2019, followed by Mainland jets (a decrease of two from 2018).
China and Singapore with a fleet of 38 and 22 business jets,
respectively. The majority of the Hong Kong and Mainland China On a percentage basis, 68% of TAG Aviation’s fleet was offshore
offshore registered fleet have a Cayman Islands ‘VP-C‘ registry – registered, the largest among any of the top 10 operators in
45 and 20 respectively. the Asia-Pacific region. Jet Aviation and Hongkong Jet came in
second and third with 63% and 59% of their fleets with offshore-
The top operators in the region have been increasing their use registered, respectively. Deer Jet was the only operator in the top
of offshore registries over the past three years. TAG Aviation had 10 that did not have any offshore registered jet in its fleet, owing
the largest offshore registered fleet in 2019 – 30 business jets (a primarily to its fleet being concentrated in Mainland China.
TOP OPERATORS' REGISTRY LEGEND: 2017

2018
Offshore Registry
COMPOSITION 2019 N Registry
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
TOTAL
FLEET
17% 57%
SINO JET 45 18% 45%
18% 40%
55% 30%
TAG AVIATION 44 57% 33%
68% 30%
4%
DEER JET 41 4%
2%
62% 38%
JET AVIATION 32 65% 32%
63% 34%
9% 19%
BAA 31 5% 24%
13% 16%
33% 33%
HK BELLAWINGS 23 31% 31%
48% 26%
47% 12%
EXECUJET 22 43% 24%
45% 23%
22% 33%
METROJET 19 29% 29%
37% 37%
52% 44%
HONGKONG JET 17 52% 48%
59% 41%
15%
LILY JET 14 15%
7%

INTERVIEW: SINO JET
SINO JET’S HQ OPERATION BASE
SINO JET’S FLEET RANKS 1ST

IN ASIA PACIFIC REGION
With the release of the Asia Pacific Region Business Jet Fleet Report YE 2019, Sino Jet was named the
largest business jet operator in the region with a fleet size of 45. The company also continued its reign
as the fastest growing operator, changing the landscape of China’s thirty-year-old business jet industry.
S
ino Jet has headquarters in Beijing and Hong Kong and jets, including B+ N+ VPC+ M+ and P4+. In recognition of its
focuses on the operational management of large-size management and operation of these aircraft types, the company
business jets – which account for over 70% of its demand. was awarded the ‘Golden Wing Award’ by one of China’s leading
The Sino Jet fleet includes aircraft types, such as Boeing BBJ business jet evaluators.
and Gulfstream G650 aircraft types. Additionally, it has the
ability to manage both China- (42%) and foreign-registered (58%) Founded in 2011, Sino Jet is the first private company in Beijing
to have its own business jet operation approval. Over the years,
the company has always made safety paramount. Adhering to
the culture of "honesty, integrity and attention to detail", Sino Jet
emphasizes the need to focus on detail – in all aspects of its
business – in order to enhance the soft power and competitiveness
of its organization.
Operating from two bases in Beijing and Hong Kong, Sino Jet
has continuously carried forward the spirit of innovation by
SINO JET’S BBJ being first to initiate the service/operation concept of "Air and
Ground Integration”, introducing the world's most advanced

INTERVIEW: SINO JET
SINO JET GAINS IS-BAO LEVEL III ACCREDITATION
SINO JET HAS EXPANDED

ITS SERVICE NETWORK
THROUGHOUT CHINA
AND NOW INTO
SOUTHEAST ASIA
Sino Jet has received repeated praise from industry
organizations and beyond, recognized with the Best
Business Aviation Innovation Award, the Best Private Jet
Service Performance Award, the Best Domestic Business
Jet Operator Performance Award and more. Continuing to
better serve it’s clients, Sino Jet will focus on international
SINO JET HAS THE WORLD’S LEADING GPS AND development, and remains dedicated to become the world's
WEATHER MONITOR SYSTEM leading business aircraft company.
Global Positioning System and weather monitoring system, and

becoming the first business jet company in mainland China to
obtain the highest level certification of international business jet
IS-BAO Stage 3, raising the bar of safe operations.
In an effort to increase its market share, Sino Jet has expanded its
service network throughout China and now into Southeast Asia. In
addition to its dual headquarters in Beijing and Hong Kong, Sino
Jet has set up branches in Shanghai, Chengdu, Shenzhen and
Guangzhou, as well as the most recent branch in Singapore. The
company is now first Chinese business jet company to set up an
operational base in Southeast Asia. In order to better serve its
global customers, Sino Jet has recruited professionals worldwide,
SINO JET’S INTERNATIONAL TEAM
of which 35% are foreign talents and employees from Hong Kong
& Macao regions of China.

INTERVIEW: SINO JET

OPERATOR OVERVIEW
OPERATOR OVERVIEW
A
t year end 2019, the top 20 operators in the Asia-Pacific
region operated a total of 392 business jets, accounting TOP 20 OPERATORS BY FLEET1
for 32% of the total fleet. Sino Jet had the largest fleet,
operating a total of 45 business jets, closely followed by TAG RANK CHANGE 2019 VS 2018
Aviation (44 jets) and Deer Jet (41 jets). Of the top 20 operators
2 SINO JET 45 (+7)
in the region, 14 are based or primarily operate in Greater China.
-- TAG AVIATION 44 (-2)
The past two years have been difficult for business aviation in
the Asia-Pacific region, as can be seen from the slowing growth 2 DEER JET 41 (-7)
in major markets like Greater China. The total fleet operated by
1 JET AVIATION 32 (-2)
the top 20 operators has decreased since year end 2018 – by 11
units – from 403 in 2018 to 392 in 2019, a decrease of nearly 3%. 2 BAA 31 (-7)
Seven of the top 20 operators account for all the deductions in
-- HK BELLAWINGS 23 (-3)
the fleet operated by the top 20 operators in Asia Pacific. Deer Jet
and BAA experienced the largest contractions (seven units each) -- EXECUJET 22 (+1)
followed by Hongkong Jet (four units) and HK Bellawings (three
units). Notable among the top 20 operators was Sino Jet, which 2 METROJET 19 (+5)
managed to increase its fleet for the second consecutive year. By 2 HONGKONG JET 17 (-4)
adding seven jets to its fleet, Sino Jet managed to jump two ranks,
moving past both TAG Aviation and Deer Jet, and ended up as the 1 LILY JET 14 (+1) TOP 10 OPERATORS
largest business jet operator in the Asia-Pacific region; the first
8 AMBER AVIATION 12 (+3)
time it has been ranked first among all the top operators. Sino Jet
was also the fastest growing operator in 2019 – growing from 8 PREMIAIR 12 (+3)
38 in 2018 to 45 in 2019. Metrojet also saw a notable increase
-- BRILLIANT JET 11 (+1)
– growing by units – from 14 in 2018 to 19 in 2019; the second
fastest growth in the region. Amber Aviation and Premiair grew 1 NANSHAN JET 11
their fleet by three units each - allowing them to jump eight ranks;
6 OTT AIRLINES2 10 (-5)
the largest ranking change of any Asia-Pacific operator.
TOP 20
2 RELIANCE COM. DEALERS 10
OPERATORS =
FASTEST GROWING OPERATORS 2 CLUB ONE AIR 10 32% OF
2
TOTAL FLEET
Rank by 2019 net fleet growth from the largest.
2017 (65) ASTRO AIR 10
2018 (77) 6 PHENIX JET 9 (+2)
45
0+67+0841000+ 0+40+031420+ 0+9+020270+ 0+16+020290+ 0+13+016200+

38 2019 (97)
30 -- KOREAN AIR 9
18 14 19
9 12 12
4 7 9 6 7 9 4 ACAM 9 (+1)
Sino Jet Metrojet Amber Premiair Phenix Jet Note(1): Special mission and government operators are not shown here.
Aviation Note(2): OTT Airlines was previously named as China Eastern.

OPERATOR OVERVIEW
FLEET BY OPERATOR AND MODEL

NET GROWTH
Sino Jet BASE
MAINLAND CHINA | HONG KONG
7 16% 2017 (30) 2018 (38) 2019 (45)
0+57043+ 430+ 0+14014+ 140+ 0+43043+ 430+ 0+14086+ 1000+ 0+029290+ 0+14014+ 140+ 0+14014+ 290+ 0+14014+ 290+ 0+57043+ 430+ 0+43057+ 710+ 0+71057+ 570+ 0+14029+ 430+ 0+0140+ 0+57057+ 570+ 0+14029+ 430+ 0+014140+
7
6
5 5
4 4 4 4 4 4 4 4
3 3 3 3 3 3 3 3 3 3
2 2 2 2 2 2
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
0 0 0 0
BBJ
Falcon 7X
Falcon 8X
Challenger 300/350
Challenger 605
Falcon 900
G200
G280
G450
G550
G650
G650ER
Global 6000
Legacy 650
Lineage 1000
Lineage 1000E
HONG KONG | MAINLAND CHINA| NET GROWTH
TAG Aviation BASE
CAMBODIA | MALAYSIA | 2 5% 2017 (47) 2018 (46) 2019 (44)
SINGAPORE | MACAU | THAILAND
0+0990+ 0+9+0990+ 0+9+0990+ 0+27036+ 180+ 0+27027+ 90+ 0+18018+ 180+ 0+9+0990+ 0+9+0990+ 0+090+ 0+55036+ 360+ 0+1809+ 270+ 0+55064+ 640+ 0+45055+ 450+ 0+1000100+ 1000+ 0+090+ 0+36027+ 180+ 0+9+00+
11 11 11
7 7
6 6 6
4 5 5
4 4 4
3 3 3 3 3
2 2 2 2 2 2
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 0 0 1 1 1
0 0 0 1 0 0
Global Express XRS

ACJ318
BBJ
Challenger 604
Challenger 605
Falcon 7X
Challenger 800/850
Falcon 900
G200
G280
G450
G550
G650ER
Global 5000
Global 6000
Global 7500
Legacy 650
NET GROWTH
Deer Jet BASE
MAINLAND CHINA
7 17% 2017 (56) 2018 (48) 2019 (41)
0+6+066+0 0+6+066+0 0+25019+ 60+ 0+6+066+0 0+6+00+ 0+44044+ 380+ 0+1306+ 60+ 0+6+066+0 0+75075+ 560+ 0+100081+ 630+ 0+25025+ 380+ 0+6+01313+0 0+6+00+ 0+25013+ 130+
16
12 12 13
10
7 7 6 9
6
4 3 4 4 4
1 1 1 1 100 2 2 2 2 2
1 1 1 1 1 1 1 1 1 1 1 1 1 0 0
ACJ319
ACJ320
BBJ
Challenger 605
Falcon 2000
Falcon 7X
G200
G280
G450
G550
G650
G650ER
Hawker 4000
Hawker 800/XP
Greater China has historically been a major driver for business jet increase. Apart from Sino Jet and Metrojet; Amber Aviation, Lily
growth in the Asia-Pacific region and is one of the top markets for Jet and Brilliant Jet also increased their fleet size in 2019 – by
business aviation. Despite the decrease in the total business jet three, one and one respectively.
fleet in 2018, the industry was still optimistic about the future of
business aviation in the region. 2019 has, however, not lived up Australia, with 199 business jets, had the second largest fleet in
to the prevailing expectations, with Greater China’s fleet dropping the Asia-Pacific region in 2019. Some notable Australian operators
further by 16 units, the largest reduction in the region. Starting who experienced a decrease in fleet size are Flight Options (by two
with the government mandated deleveraging of corporate debt, to four jets) and Revesco Aviation (by one to three jets). ExecuJet
combined with uncertainty regarding economic prospects and Australian Corporate Jet Centres operate the largest business
caused by the ongoing US-China trade war, finally took a major toll jet fleet among all non-special mission operators in Australia - 7
on the business jet fleet in the region. With business confidence jets each in the region.
dwindling and increasing operating losses, many owners and
charter operators were forced to reduce their number of aircraft. With a fleet of 10 jets each, Reliance Commercial Dealers and Club
Interestingly, as larger operators in Greater China saw a reduction One Air were the joint largest operators in India in 2019, unchanged
in fleet size, some smaller operators are gradually seeing an from the previous year. Air One Aviation, with a fleet of four jets,

OPERATOR OVERVIEW
HONG KONG | JAPAN | SINGAPORE | NET GROWTH

Jet Aviation BASE INDONESIA | THAILAND | MAINLAND CHINA 2 6% 2017 (32) 2018 (34) 2019 (32)
0+100+ 0+ 0+010+0 0+10020+ 20+0 0+01010+0 0+20020+ 10+0 0+60050+ 30+0 0+80080+ 100+0 0+50060+ 50+0 0+30040+ 40+0 0+10010+ 10+0 0+40040+ 40+0 0+10010+ 10+0
9
8 8
6 6
5 5 5
4 4 4 4 4
3 3
2 2
1 1 1 2 2 1 1 1 1 1 1 1
0 0 0 0 0 1 1
Global Express XRS

ACJ318
ACJ330
Falcon 7X
Falcon 8X
G200
G450
G550
G650
G650ER
Global 5000
Global 6000
MAINLAND CHINA | NET GROWTH
BAA BASE HONG KONG 7 18% 2017 (43) 2018 (38) 2019 (31)
0+20010+ 200+ 0+30020+ 200+ 0+200+ 0+ 0+020100+ 0+100+ 100+ 0+700+ 600+ 0+0100+ 0+200+ 200+ 0+80040+ 200+ 0+100070+ 500+ 0+10040+ 300+ 0+010100+ 0+30040+ 500+ 0+100+ 0+ 0+30020+ 0+
10
8
7 7 7
6
5 45
4 4
3 3 3 3
2 2 2 2 2 2 222 2 1 2
1 11 1 1
1 0 0 0 1 0 0 1 0
1 1
0 0
ACJ318
ACJ319
Challenger 605
Challenger 650
Falcon 7X
Falcon 8X
Challenger 800/850
Falcon 900
G450
G550
G650
Global 5000
Global 6000
Learjet 60/XR
Legacy 650
HONG KONG | NET GROWTH
HK Bellawings BASE MAINLAND CHINA 3 13% 2017 (21) 2018 (26) 2019 (23)
0+0200+ 0+40040+ 200+ 0+20020+ 200+ 0+20020+ 200+ 0+20020+ 200+ 0+20020+ 200+ 0+20020+ 200+ 0+40080+ 800+ 0+1000100+ 1000+ 0+0400+ 0+60060+ 400+ 0+40060+ 400+ 0+0200+ 0+20020+ 200+ 0+20020+ 200+
555
44
33 3
2 2 2 2 2 2 2
1 1 111 111 1 1 1 1 1 1 11 1 1 1 1 1 1 11
00 0 0 00
ACJ318
BBJ
Challenger 604
Challenger 605
Falcon 7X
Falcon 8X
Global Express XRS

G200
G450
G550
G650
Global 5000
Global 6000
Global 6500
Lineage 1000E
was the third largest non-government operator operating in India largest operator, followed by ExecuJet, which doubled its fleet and
and saw an increase in fleet size by one jet. now has four business jets in Malaysia.
Phoenix Jet, with a fleet of nine, remained the largest business With a total fleet of nine business jets, Korean Air remained the
jet operator in Japan in 2019. Operating a fleet comprised of largest operator in South Korea by a wide margin, followed by SK
G650/ERs and Global 6000s, Phoenix Jet is the largest aircraft Telecom and FIC, with three and two business jets, respectively..
charter service provider in the country, and also provides aircraft
management and maintenance. Jet Aviation, Aero Asahi, Philippine operators did not witness any major changes in fleet
Nakanihon Air and Diamond Air Service are the joint-second size during 2019, with the fleet of the top 10 operators remaining
largest non-government operators, each with a fleet of three unchanged. Challenger Aero Air and Asian Aerospace remained
business jets in Japan. the joint largest operators in the Philippines, both operating a fleet
of six business jets each.
Malaysia witnessed a significant change in operator ranking
during 2019. Redland Aviation increased their fleet by one, to Thai operator MJets, saw a reduction in fleet size by one and
seven jets, and was the largest non-government operator in ended 2019 with a fleet of six business jets, remaining the largest
Malaysia. With a fleet of five jets, Smooth Route is the second operator and charter company in the country.

OPERATOR OVERVIEW
SINGAPORE | AUSTRALIA | MALAYSIA | NET GROWTH

ExecuJet BASE MAINLAND CHINA | INDIA | HONG KONG 1 5% 2017 (17) 2018 (21) 2019 (22)
0+25050+ 50+0 0+25050+ 50+0 0+25025+ 25+0 0+025+0 0+25025+ 25+0 0+02525+0 0+25025+ 25+0 0+1000100+ 75+0 0+750100+ 100+0 0+25050+ 50+0 0+75050+ 75+0 0+25025+ 25+0
4 4 4 4
3 3 3 3
2 2 2 2 2 2 2
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
0 0 0
Challenger 300/350
Challenger 604
Challenger 605
Falcon 2000
Falcon 7X
Global Express
Global Express XRS

G200
G650
Global 5000
Global 6000
Hawker 800/XP
NET GROWTH
Metrojet BASE
HONG KONG | VIETNAM
5 26% 2017 (18) 2018 (14) 2019 (19)
0+013+0 0+130+ 0+ 0+013+0 0+38038+ 38+0 0+75075+ 63+0 0+013+0 0+50050+ 100+0 0+130+ 0+ 0+130+ 0+ 0+130+ 0+ 0+13013+ 0+
8
6 6
5
4 4
3 3 3
1 1 1 1 1 1 1 1 1
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
BBJ
Challenger 605
Challenger 800/850
G450
G550
G650
G650ER
GV/GV-SP
Hawker 4000
Legacy 600
Legacy 650
MAINLAND CHINA | MALAYSIA | NET GROWTH
Hongkong Jet BASE HONG KONG | THAILAND 4 24% 2017 (27) 2018 (21) 2019 (17)
0+25025+ 250+ 0+50050+ 500+ 0+750100+ 750+ 0+25025+ 250+ 0+025250+ 0+025250+ 0+500+ 0+ 0+0250+ 0+250+ 0+ 0+250+ 0+ 0+50025+ 250+ 0+100050+ 250+ 0+100050+ 250+ 0+750100+ 750+ 0+250+ 0+ 0+25025+ 0+ 0+25025+ 250+
4 4 4 4
3 3 3 3
2 2 2 2 2 2 2
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
0 0 0 0 0 0 0 0 0 0 0 0 0
ACJ318
ACJ319
BBJ
Cessna Citation CJ4

BBJ 787-8
BBJ2
Falcon 7X
Falcon 8X
Global Express XRS

G200
G300/G350
G450
G550
G650
G650ER
GIV/GIV-SP/G400
Global 5000
MAINLAND CHINA | NET GROWTH

Lily Jet BASE HONG KONG 1 7% 2017 (13) 2018 (13) 2019 (14)
0+50+0500+500+ 0+25+00+ 0+ 0+0+00+250+ 0+1000100+0100+0 0+25+0250+250+ 0+50+0500+250+ 0+25+0500+750+ 0+25+0250+250+ 0+25+0250+250+

4 4 4
3
2 2 2 2 2 2
1 1 1 1 1 1 1 1 1 1 1 1 1
0 0 0 0
Global Express
Global Express XRS

Challenger 604
Challenger 605
Challenger 650
Challenger 800/850
G200
Global 5000
Global 6000

INTERVIEW: GARY DOLSKI, METROJET
EVOLVING WITH CLIENTS

IN MIND
INTERVIEW WITH GARY DOLSKI, CEO; METROJET
Interview by Litalia Yoakum
E
stablished in 1997, Hong Kong-based business jet operator and
maintenance services provider Metrojet – part of the Kadoorie
Group – has evolved significantly since its beginnings,
providing all-inclusive aircraft management, maintenance and
aviation consultancy services. With an ever-expanding presence
in Asia, the company continues to concentrate on bringing forth
unrivalled service coupled with stringent safety measures and
operational excellence. In a bid to better serve business aviation and
it’s clients, Metrojet recently broke ground on a new maintenance
facility in the Philippines. In an interview with Asian Sky Group,
Metrojet CEO, Gary Dolski discussed the new facility, the future of
maintenance services and expectations moving forward.
CAN YOU TELL ME ABOUT THE NEW business jets. There will also be an additional 11,000m2 of apron
area, offering ample ramp parking in front of the hangar with
MAINTENANCE FACILITY? access via an exclusive taxiway. Another 2,500m2 will encompass
The new facility, which will provide aircraft parking and workshops, stores, staff and customer offices and space for a
maintenance services to regional business jets, is located in dedicated fixed-base operation (FBO), which will be in a two-story
Clark, the Philippines. With over 7,100m2 of floor space, the hangar annex building on the rear of the hangar. Our target is for this new
will have the capacity of accommodating up to 10 long-range facility to be operational in Q2 of 2020.

WHY DID YOU CHOOSE THE now dedicate specific areas to training, as well as high-quality
PHILIPPINES AS A BASE? customer and pilot lounges.
Clark is a key strategic location in the Philippines, as the

Government has implemented strategies to decongest HOW DOES METROJET PLAN TO
Manila. The Clark Freeport Zone area is supported by ATTRACT QUALIFIED PERSONNEL?
Government investment through improved transport links and
infrastructure. Metrojet has been able to attract qualified talent and is now focused
on building a core team of professionals. We are committed to
The Metrojet facility will support this strategic direction for hiring locally as well as “bringing home” some of the well-trained
the area, providing high-quality and competitive services to Filipino maintenance engineers from abroad. We have a solid mix
Philippine-based clients and attracting businesses and clients of experienced expat engineers and up-and-coming local talent.
from across Asia.
We provide a regionally competitive remuneration package, training
and an opportunity to grow in a dynamic work environment, in
WHAT ARE THE BENEFITS OF PARKING addition to providing the opportunity for Filipinos to come home
AN AIRCRAFT AT THIS LOCATION? to work and be with their families.
With the lower cost of business operations, aircraft parts and

supplies associated with the Clark Freeport Zone, we can now WHAT ARE YOUR EXPECTATIONS FOR
pass on cost savings to our clients. This is a major motivating THE NEW METROJET FACILITY?
factor for our clients.
We have been placing significant effort into our manpower and
Additionally, the Clark facility has a high-tech, safety-compliant maintenance capabilities. With the new Clark MRO facility coming
fire suppression system and is built to the highest standards in, we wish to develop into an MRO of choice in the region in the
for typhoon and earthquake protection. Further to that, for each next five to 10 years, in addition to being a safe haven for aircraft
hangered aircraft, there will also be individual-secured climate parking focusing on corrosion protection.
controlled storage rooms.
Geographically well-placed, we see our facility as being a
The skilled labour force in the Philippines, which will have a complimentary option to the OEM’s and one that works together
strong focus on corrosion protection, also presents cost saving within the collective Asia region maintenance environment for the
benefits. Finally, with such a significant amount of space, we can betterment of the end-user client.
THE ONGOING COVID-19 SITUATION HAS

CREATED CHALLENGES FOR BUSINESSES
ACROSS THE REGION. HOW HAS THIS
IMPACTED METROJET?
First, and foremost, our main concern is the protection of our
staff and clientele. We are ensuring appropriate measures and
safety supplies are in place - be it masks or hand sanitizer. We
have also just updated our policies, procedures and Emergency
Response Plan to address pandemic situations.
Overall, the virus is causing a reduction in flying impacting

both the maintenance and aircraft management side of the
business. The various travel restrictions are now inhibiting the
ability to access aircraft.
At the moment, we are needing to manage resources and costs

in this downturn while looking ahead as to how we will deal
with a definite projected upswing in maintenance requirements
once flying levels return to pre-virus levels (or more) due to the
pent-up demand.

WHAT ARE YOUR PREDICTIONS FOR DATA AND AI IN WHAT DO THIRD-PARTY SERVICE PROVIDERS NEED
THE MRO SECTOR? TO DO TO STAY COMPETITIVE, AS OEMS MOVE INTO
Data, in particular, has incredible potential in the maintenance field.
THE AFTERMARKET SPACE?
Engine OEM’s have been gathering operating parameter data for many In a weak new aircraft sales market, business aircraft OEMs have
years to predict engine maintenance requirements, avoid unscheduled discovered the revenue potential of aftermarket sales and support and
down time and map trends to improve products and performance over are eyeing an even bigger piece of the pie resulting in an element of
the long run. With the continued digitization of business jets this data protectionism kicking in. The best option for third party MROs is to target
is increasingly being gathered by the airframe OEM’s to be used in the competitive services for out of warranty aircraft, including maintenance,
same way as the engine data. The increasing use of AI to process and upgrades and developing proprietary STCs.
interpret the massive amount of data collected is allowing much faster
and in some case more accurate analysis to allow preventative measures
Working alongside the OEMs is a strong option and one where both
to avoid unscheduled or more expensive maintenance requirements.
parties plus the end customer can benefit. A strong Authorized Service
Facility network compliments the OEM’s and reduces their investment in
As this trend develops, I would predict MROs to transition to more specific capital expenditure, while solidifying their support network and ensuring
and targeted preventative maintenance rather than regular physical that their end customer - the one that spends tens of millions of dollars
inspections to determine airworthiness and serviceability. The trend has on their asset – is well served anywhere in the world.
already moved away from the on aircraft analysis of the maintenance
engineer from there education, training and qualifications to the down Working together versus against each other just makes logical sense.
load and transmission of the fault data to the OEM for analysis and OEMs and third-party providers should work together to grow the size
‘direction’ on what maintenance actions to take. of the pie vs. trying to get a bigger portion of a smaller pie. Service sells
aircraft and the OEMs will benefit here as well.
Aircraft components are being designed with inbuild failure analysis and
prevention tools. An example is the ‘intelligent’ PPG windshield which www.metrojet.com
has built in technology that analyses impending failures like heat fail
and delamination and alerts operators so they can plan corrective action
rather than have an AOG in a remote location.

OEM OVERVIEW
OEM OVERVIEW
AIRBUS
TOTAL NEW NET
FLEET DELIVERY PRE-OWNED
NET GROWTH MOST POPULAR LARGEST FLEET
2018 32 1 -3
3 9.4% ACJ319 Mainland China 2019 35 1 2
100 + 36 + 29 + 21 + 21 + 21 + 7 + 7 + 7
14
5
4
3 3 3
1 1 1
MAINLAND CHINA
SOUTH KOREA
PHILIPPINES
HONG KONG
AUSTRALIA
MALAYSIA
THAILAND
TAIWAN
TOTAL
INDIA
A310 1 1
A319ER 3 3
A340 1 1
ACJ318 4 1 1 1 7
ACJ319 5 3 1 2 1 3 1 1 17
ACJ320 1 1 1 3
ACJ330 1 2 3
Total 14 5 4 3 3 3 1 1 1 35
ADDITIONS AND DEDUCTIONS Deductions (-1) Pre-owned (+3) New Deliveries (+1)
By Country/Region By Model
Australia 1 ACJ318 1
Hong Kong 1 ACJ319 -1 1
India -1 ACJ330 11
Mainland China 11
Note: Exclude movements between countries in APAC

OEM OVERVIEW
BOEING
TOTAL NEW NET
2018 39 1 1
3 7.7% BBJ Mainland China 2019 36 1 -4
100+ 31 + 31 + 23 + 23 + 15 + 15 + 8 + 8 + 8 + 8 + 8
13
4 4
3 3
2 2
1 1 1 1 1
HONG KONG
SINGAPORE
INDONESIA
MAINLAND
MALAYSIA
THAILAND
VIETNAM
BRUNEI
TAIWAN
KOREA
SOUTH
CHINA
JAPAN
TOTAL
INDIA
BBJ 11 1 3 2 2 1 1 1 1 1 24
BBJ 787-8 1 1 2
BBJ2 1 1 1 3
Boeing 727 1 1
Boeing 737 1 1 2
Boeing 747 2 2
Boeing 767 1 1 2
Total 13 4 4 3 3 2 2 1 1 1 1 1 36
Brunei 1
BBJ -4
Hong Kong -2
-2 BBJ 787-8 1
Mainland China
BBJ2 -1
Malaysia 1
Boeing 737 1
Thailand -1

OEM OVERVIEW
BOMBARDIER
TOTAL NEW NET
2018 327 11 7
8 2.4% Global 6000 Mainland China 2019 335 10 -2
96
100 + 80 + 41 + 31 + 29 + 25 + 10 + 8 + 7 + 4 + 4 + 4 + 2 + 2
77
39 30 28 24 10 8 7 4 4 4 2 2
PHILIPPINES
HONG KONG
SINGAPORE
AUSTRALIA
INDONESIA
MAINLAND
MALAYSIA
THAILAND
ZEALAND
TAIWAN
MACAU
KOREA
SOUTH
CHINA
JAPAN
TOTAL
INDIA
NEW
Challenger 300/350 6 5 1 2 2 1 1 18
Challenger 600/601 4 1 4 1 1 11
Challenger 604 2 11 2 2 1 1 2 21
Challenger 605 11 4 3 2 3 1 2 26
Challenger 650 2 1 1 1 5
Challenger 800/850 28 2 1 1 32
Challenger 870 12 12
CRJ100/200 1 1 2
Global 5000 5 2 9 6 8 4 1 2 1 38
Global 6000 14 5 19 4 7 2 1 1 4 1 58
Global 6500 1 1
Global 7500 1 1 2
Global Express 2 8 1 2 1 14
Global Express XRS 5 11 3 3 2 2 2 1 1 30
Learjet 24/25 1 1 1 1 4
Learjet 31 2 3 2 7
Learjet 35/36 4 24 1 29
Learjet 40/45/XR 4 2 1 1 8
Learjet 60/XR 3 4 2 2 4 1 16
Learjet 70/75 1 1
Total 96 77 39 30 28 24 10 8 7 4 4 4 2 2 335
Challenger 604 -2 1
Challenger 605 -2 1
Australia -3 6 1
Challenger 650 -1 2
Hong Kong -3 1
Challenger 800/850 -2
India -2 3
CRJ100/200 -1
Indonesia -1 1
Global 5000 -4 2 1
Japan -1 1
Global 6000 -1 5 4
Mainland China -5 1 3
Global 6500 1
Malaysia 3 1
Global 7500 2
Marshall Islands -1
Global Express -1
New Zealand 1
Global Express XRS -1
Singapore -2 3
Learjet 24/25 -1 1
Taiwan 1
Learjet 35/36 -2 4
Learjet 60/XR 2

OEM OVERVIEW
DASSAULT
TOTAL NEW NET
2018 106 5 -5
9 8.5% Falcon 7X Mainland China 2019 97 7 -16
100+ 65 + 26 + 21 + 18 + 12 + 9 + 9 + 6 + 6 + 3 + 3 + 3 + 3 + 3
34
22
9 7 6 4 3 3 2 2 1 1 1 1 1
MAINLAND CHINA
NEW ZEALAND
SOUTH KOREA
BANGLADESH
PHILIPPINES
HONG KONG
SINGAPORE
AUSTRALIA
MALAYSIA
THAILAND
VIETNAM
MACAU
JAPAN
TOTAL
INDIA
PNG
Falcon 20 1 1 2
Falcon 2000 1 18 2 5 2 1 1 1 1 1 1 34
Falcon 50 1 1 2
Falcon 7X 26 2 4 1 1 1 1 36
Falcon 8X 2 1 3 1 7
Falcon 900 5 3 3 1 1 1 1 1 16
Total 34 22 9 7 6 4 3 3 2 2 1 1 1 1 1 97
Australia -2 1
Bangladesh -1 Falcon 20 -2
Hong Kong 1 Falcon 2000 -5 5
India -1 Falcon 50 -1
Japan -1 4 Falcon 7X -7
Mainland China -6 1 Falcon 8X 2
Malaysia -4 1 Falcon 900 -2 1
New Zealand -1
Thailand -1

OEM OVERVIEW
EMBRAER
TOTAL NEW NET
2018 -4
India
75 1
1 1.3% Legacy 650 2019 76 2 -1
100 + 71 + 67 + 38 + 29 + 14 + 10 + 10 + 10 + 10 + 5
21
15 14
8
6
3 2 2 2 2 1
MAINLAND CHINA
HONG KONG
SINGAPORE
AUSTRALIA
INDONESIA
MALAYSIA
THAILAND
VIETNAM
TAIWAN
MACAU
TOTAL
INDIA
ERJ135 2 2
ERJ145 2 2
Legacy 500 1 1 1 3
Legacy 600 2 5 1 5 1 2 1 1 1 19
Legacy 650 9 8 4 1 22
Lineage 1000 2 3 1 1 7
Lineage 1000E 1 1 2
Phenom 100 4 2 6
Phenom 300 2 3 1 2 1 1 1 11
Phenom 300E 2 2
Total 21 15 14 8 6 3 2 2 2 2 1 76
Australia -1 1
ERJ145 2
Hong Kong -1 1
Legacy 600 -1 2
India 11
Legacy 650 -5 11
Indonesia -1 2
Lineage 1000 1
Mainland China -4
Phenom 100 -2
Malaysia -1
Phenom 300 1
Singapore 2
Phenom 300E 1
Vietnam 1

OEM OVERVIEW
GULFSTREAM
TOTAL NEW NET
2018 300 24 -23
7 2.3% G550 Mainland China 2019 307 12 -5
100+ 57 + 15 + 13 + 11 + 10 + 10 + 9 + 9 + 7 + 7 + 3 + 3 + 3 + 3 + 2 + 1
117
67
17 15 13 12 12 11 11 8 8 4 3 3 3 2 1
MAINLAND CHINA
NEW ZEALAND
SOUTH KOREA
PHILIPPINES
HONG KONG
SINGAPORE
AUSTRALIA
CAMBODIA
INDONESIA
POLYNESIA
MALAYSIA
THAILAND
VIETNAM
FRENCH
TAIWAN
MACAU
JAPAN
TOTAL
INDIA
G100/G150 2 3 1 2 8
G200 8 2 3 1 3 1 3 1 22
G280 7 1 1 2 1 12
G300/G350 1 1 2
G450 30 11 2 3 1 1 1 3 1 2 55
G550 42 23 5 4 2 3 2 2 3 3 2 1 1 1 1 95
G650 18 9 4 2 1 1 2 5 2 2 1 1 48
G650ER 12 21 4 3 1 1 1 1 1 45
GII 1 1
GIII 3 3
GIV/GIV-SP/G400 1 2 1 3 1 1 1 10
GV/GV-SP 2 1 1 1 1 6
Total 117 67 17 15 13 12 12 11 11 8 8 4 3 3 3 2 1 307
Australia 1
Hong Kong -4 2 4 G200 -1 1
Indonesia 1 G280 -1 1 2
Japan -1 2 1 G450 -6
Macau -1 G550 -7 5 2
Mainland China -10 3 5 G650 -1 1 2
Malaysia 1 G650ER -1 2 6
New Zealand 1 GIII 1
Singapore -1 1 GIV/GIV-SP/G400 1
South Korea 1
Vietnam 1

AIRCRAFT SPOTLIGHT: GULFSTREAM G700
THE GULFSTREAM G700

BUSINESS AVIATION’S NEW FLAGSHIP
Introduced in October 2019, the all-new Gulfstream G700™ powered into business aviation as
the industry’s new flagship. The newest aircraft from Gulfstream captures this leadership role
with the most spacious cabin, the longest range at the highest speeds and the most advanced
technology, all optimized by Gulfstream to deliver an unparalleled travel experience.
" THE ABILITY TO FLY AT FASTER SPEEDS

GIVES CUSTOMERS MORE TIME, LOWER
ANNUAL EXPENSES FOR MAINTENANCE,
PARTS AND SERVICES, AND SHORTER
CREW DAYS FOR SAFER OPERATIONS.
"
T
he G700 harnesses Gulfstream-developed technology long-range cruise speed of Mach 0.85. The ability to fly at faster
both for pilots and passengers. The aircraft features the speeds (Mach 0.90 versus Mach 0.80) gives customers more
award-winning Symmetry Flight Deck™ and other new time, lower annual expenses for maintenance, parts and services,
safety advancements. Along with active-control sidesticks and and shorter crew days for safer operations.
the industry’s most extensive use of touch-screen technology, the
flight deck also comes standard with another Gulfstream award- All-new, high-thrust Rolls-Royce Pearl 700 engines power the
winner, the Predictive Landing Performance System. This system G700 and, along with newly designed Gulfstream winglets,
gives pilots advanced warning of potential runway excursions so ensure the aircraft achieves high performance capabilities with
they can adjust approaches or go around. All these technologies its larger cabin. The aircraft offers excellent takeoff and landing
greatly improve situational awareness and pilot communication, performance and can operate easily at weight-restricted, short-
so they stay alert and focused on flying. runway and high-altitude airports.
The largest aircraft in the Gulfstream family, the G700 offers an In the cabin, the tallest, widest and longest in the industry,
outstanding range of 6,400 nautical miles/11,853 kilometers at passengers can extend their ground-based lifestyle to the air in
its high-speed cruise of Mach 0.90 and 7,500 nm/13,890km at its up to five living areas.

The aircraft’s extra-large ultra-galley features a 10-foot/3.048-

meter countertop, yet another industry best, and a passenger
lounge or crew compartment. Gourmet meals can be catered
with ease in the G700 kitchen, and chefs will enjoy the extra-large
refrigerator and optimized storage. After holding a productive
meeting, passengers can enjoy that gourmet meal at a six-place
dining area with fully-deployable table.
The options throughout the cabin are limitless – settle into

club seating for intimate conversation or become immersed in
the entertainment zone, where the aircraft’s new speakerless
system is embedded in the wall panels, giving new meaning to
surround sound.
Those who plan to leverage the ultralong-range capability of the

G700 will appreciate the master suite with bath, to get restful
sleep. They’ll also have the same amenities they are accustomed
to at home, including a shower.
The technology on the G700 also boosts wellness thanks to

the most advanced circadian lighting system in aviation. The
Gulfstream-developed technology dynamically recreates sunrise
and sunset through thousands of white and amber LEDs, gently
their destination feeling more refreshed than when they departed.
coaxing passengers into their new time zone and greatly reducing
the physical impact of traveling around the world in one stop. Gulfstream has a long history of combining design excellence with
Combined with 20 Gulfstream panoramic oval windows, the advanced technology, and the G700 propels this history into the
industry’s lowest cabin altitude, 100 percent fresh air and whisper- future, doing so in the utmost safety and comfort.
quiet sound levels, the G700 lighting and signature Gulfstream
www.gulfstream.com
Cabin Experience practically give passengers the ability to arrive at

OEM OVERVIEW
TEXTRON
TOTAL NEW NET
Cessna Citation CJ1 Australia 2018 301 7 -9
6 2.0% 2019 295 4 -10
75
100+73+56+41+31+20+13+13+12+12+5+4+3+3+3+1+1+1
55
42
31 23 15 10 10 9 9 4 3 2 2 2 1 1 1
MAINLAND CHINA
NEW CALEDONIA
COOK ISLANDS
NEW ZEALAND
SOUTH KOREA
BANGLADESH
PHILIPPINES
HONG KONG
SINGAPORE
AUSTRALIA
MARSHALL
INDONESIA
MALAYSIA
THAILAND
ISLANDS
TAIWAN
JAPAN
TOTAL
INDIA
PNG
Cessna Citation CJ1 12 2 11 5 2 4 1 37
Cessna Citation CJ2 5 10 5 1 21
Cessna Citation CJ3 3 1 1 5
Cessna Citation CJ4 6 3 1 1 11
Cessna Citation Encore 3 2 5
Cessna Citation Excel 1 10 15 6 2 34
Cessna Citation I 6 1 1 1 1 10
Cessna Citation II 14 6 4 2 1 3 1 2 1 1 35
Cessna Citation III 5 1 1 1 1 3 12
Cessna Citation Latitude 2 2
Cessna Citation Mustang 8 1 1 2 1 2 4 1 20
Cessna Citation Sovereign 3 4 4 1 3 1 16
Cessna Citation V 4 4 4 12
Cessna Citation X 2 1 1 1 1 6
Hawker 400 3 6 1 2 5 1 3 21
Hawker 4000 1 1
Hawker 700/750 2 3 1 6
Hawker 800/XP 3 4 2 3 1 2 1 16
Hawker 850XP 3 5 2 10
Hawker 900XP 6 1 5 1 13
Premier I/IA 1 1 2
Total 75 55 42 31 23 15 10 10 9 9 4 3 2 2 2 1 1 1 295

OEM OVERVIEW
Australia -2 Cessna Citation CJ1 2
India -4 1 Cessna Citation CJ3 -1
Indonesia -1 Cessna Citation CJ4 2
Japan 1 Cessna Citation Excel -1 2 1
Mainland China -2 11 Cessna Citation I -1 1
Malaysia -1 1 Cessna Citation II -2 1
Marshall Islands 1 Cessna Citation Latitude -2 1
New Zealand -1 Cessna Citation Mustang 1
Philippines -2 1 3 Cessna Citation Sovereign -1
PNG -1 Cessna Citation X -1
South Korea 1 Hawker 1000 -1
Thailand -3 Hawker 400 -1
Hawker 4000 -2
Hawker 800/XP -2
Premier I/IA -2

OEM OVERVIEW

ENGINE OVERVIEW
ENGINE OVERVIEW
THERE WERE A TOTAL OF 2,473 TURBINE ENGINES POWERING THE FLEET OF 1,213 BUSINESS JETS IN
THE ASIA-PACIFIC REGION AS OF YEAR END 2019. ROLLS-ROYCE WAS THE MARKET LEADER, WITH 908
ENGINES (37% MARKET SHARE), FOLLOWED BY PRATT & WHITNEY AND HONEYWELL -- WITH 615 (25%
MARKET SHARE) AND 360 (15% MARKET SHARE) ENGINES RESPECTIVELY.
R
olls-royce was the leader for engines powering the long-
range business jet category, with a market share of 83%
ENGINE BY ENGINE OEM
(approximately 74% and 25% all the Rolls-Royce engines
in regional operation were used for powering long-range and large
37+25+1511741G
CFM 116 (5%) CFE 26 (1%)
sized aircraft).
Williams 166 (7%) Lycoming 10 (<1%)
Pratt & Whitney, the second most utilized engine in the region, GE 272 (11%) Rolls-Royce 908 (37%)
showed the opposite, with 42% of its’ engines dedicated to light
aircraft and 21% to long-range.
Rolls-Royce’s BR700 family is the most popular engine model Honeywell 360 (14%)
2,473
in Asia Pacific, with 335 business jets powered by 670 engines.
Honeywell’s TFE731 comes in second, with 139 business jets P&WC 615 (25%)
powered by 294 engines. PW300 is the most popular Pratt &
Whitney engine in the region, with 122 business jets powered by
287 engines. Gulfstream G550 (95 units), Learjet 35/36 (29 units) Short term global economic weakness caused by Covid-19 and
and Falcon 7X (36 units) are the most popular business jets in the long term uncertainty is expected to cause a decrease in the net
region using the BR700, TFE731 and PW300 engines, respectively. business jet fleet in 2020, which in turn is expected to lead to a
decrease in the number of business jet turbine engines in Asia
The continued growth of the business jet market in Asia Pacific Pacific in 2020. However, as noted previously, there is a possibility
has naturally been accompanied by an increase in the number that health and safety concerns among Asia’s HNWI and large
of turbine engines. The turbine engine market has grown at a corporations may power an increase in demands for the use of
compounded annual rate of 1.9% since 2015 - increasing by 184 private aviation, and may ultimately prove to be a more powerful
units, from 2,289 engines in 2015 to 2,473 units in 2019. Engine driver of business jet demand and thereby offset economic
market growth slowed in 2019 in lockstep with the decrease in the weakness and uncertainty.
number of business jets in the fleet.
TOTAL ENGINE GROWTH 2017 2018 2019
868 886 908
0+0+95+0970100+ 0+ 0+ 0+0+71+069068+ 0+ 0+ 0+0+40+040040+ 0+ 0+ 0+0+28+029030+ 0+ 0+ 0+0+16+017018+ 0+ 0+ 0+0+14+014013+ 0+ 0+ 0+0+3+0303+ 0+ 0+ 0+0+0+0101+ 0+ 0+

642 632 615
360 365 360
252 264 272 148 158 166 124 124 116
24 28 26 4 10 10
Rolls-Royce P&WC Honeywell GE Williams CFM CFE Lycoming
ENGINE BY SIZE CATEGORY Very Light Light Medium Large Long Range Corp. Airliner
0 200 400 600 800 1000

Rolls-Royce
P&WC
Honeywell
GE
Williams
CFM
CFE
Lycoming

ENGINE OVERVIEW
CFM
RANKING NET GROWTH MOST POPULAR LARGEST FLEET
No.6 8 6.5% CFM56 Mainland China
100+ 24 + 20 + 16 + 16 + 12 + 12 + 8 + 8 + 4 + 4 + 4 + 4
50
12 10 8 8 6 6 4 4 2 2 2 2
MAINLAND CHINA
SOUTH KOREA
PHILIPPINES
HONG KONG
SINGAPORE
AUSTRALIA
INDONESIA
MALAYSIA
THAILAND
VIETNAM
TAIWAN
JAPAN
TOTAL
INDIA
CFM56 50 12 10 8 8 6 6 4 4 2 2 2 2 116
Total 50 12 10 8 8 6 6 4 4 2 2 2 2 116
ENGINE INSTALLED IN TOP AIRCRAFT MODELS ENGINE FAMILY GROWTH TREND

MODEL CFM56 2017 (124)
BBJ 48 2018 (124)
ACJ319 34 2019 (116)
100
0+100
0+0+89
0+0
+ 0+
ACJ318 14 124 124
116
BBJ2 6
A319ER 6
ACJ320 6
Boeing 737 2
TOTAL 116
CFM56

ENGINE OVERVIEW
GE
No.4 8 3% CF34 Mainland China
100+ 26 + 15 + 15 + 13 + 11 + 10 + 6 + 5 + 3 + 3 + 2 + 2 + 2 + 10
124
32
18 18 18 14 10 12
8 6 4 4 2 2 2
MAINLAND CHINA
NEW ZEALAND
SOUTH KOREA
PHILIPPINES
HONG KONG
SINGAPORE
AUSTRALIA
INDONESIA
MALAYSIA
THAILAND
OTHERS
TAIWAN
MACAU
JAPAN
TOTAL
INDIA
CF34 120 30 18 18 12 10 8 6 4 2 2 230

HF120 2 2 8 2 14
GEnx 2 6 8
CF6 2 6 8
CJ610 2 2 2 6
Passport 2 2 4
CF700 2 2
Total 124 32 18 18 18 14 8 8 6 4 4 2 2 2 12 272

MODEL CF34 HF120 CJ610
2017 (252)
980100+ 098103+ 0730+ 0330+ 0330+ 0310+ 010+02

Challenger 800/850 64 2018 (264)
Challenger 605 52 230 234 230 2019 (272)
Challenger 604 42
Challenger 870 24
Challenger 600/601 16
Lineage 1000 14
Challenger 650 10
HondaJet ELITE 8
HondaJet 6
Learjet 24/25 6 14 6 8 8 6 6 8 6 8 6
2 6 2 2 2 0 0 4
TOTAL 222 14 6
CF34 HF120 CF6 GEnx CJ610 CF700 Passport

ENGINE OVERVIEW
HONEYWELL
No.3 5 1.4% TFE731 Australia
100+ 59 + 53 + 35 + 20 + 19 + 15 + 8 + 7 + 7 + 3 + 2 + 2 + 7
107
63 57
37
21 20 16 9 8 8 3 2 2 7
MAINLAND CHINA
NEW ZEALAND
SOUTH KOREA
PHILIPPINES
HONG KONG
SINGAPORE
AUSTRALIA
INDONESIA
MALAYSIA
THAILAND
OTHERS
TAIWAN
JAPAN
TOTAL
INDIA
TFE731 105 53 31 33 13 18 12 7 2 8 3 2 7 294

HTF7000 2 10 26 4 8 2 4 2 6 2 66
Total 107 63 57 37 21 20 16 9 8 8 3 2 2 7 360

MODEL TFE731 HTF7000
2017 (360)
Learjet 35/36 58
2018 (365)
Falcon 900 48
2019 (360)
Challenger 300/350 36
Hawker 800/XP 32
Hawker 900XP 26
0+10001000+ 980
+ + 0+19+0200210
++
Cessna Citation III 24 302 303 294
G280 24
Hawker 850XP 20
Westwind 1/2 18
G100/G150 16 58 62 66
TOTAL 242 60
TFE731 HTF7000

ENGINE OVERVIEW
P&WC
No.2 17 2.7% PW300 Mainland China
100+ 72 + 51 + 24 + 18 + 17 + 16 + 14 + 14 + 12 + 11 + 8 + 5 + 1 + 1 + 5
166
120
85
40 30 28 27 23
24 20 18 13 8 2 2 9
MAINLAND CHINA
NEW ZEALAND
SOUTH KOREA
PHILIPPINES
HONG KONG
SINGAPORE
AUSTRALIA
INDONESIA
MALAYSIA
THAILAND
VIETNAM
OTHERS
TAIWAN
MACAU
JAPAN
TOTAL
INDIA
PW300 116 22 25 18 20 8 25 20 11 4 6 3 2 2 5 287

JT15D 12 58 26 14 4 6 2 2 8 10 4 10 6 4 166
PW500 36 16 24 4 2 12 2 6 2 104
PW600 2 24 10 4 2 2 4 8 56
JT8D 2 2
Total 166 120 85 40 30 28 27 24 23 20 18 13 8 2 2 9 615

MODEL PW300 JT15D PW500 PW600
2017 (642)
0+1000+ 940 0+58056+ 540 0+310+ 340 0+21018+ 0 0+1+01+0

Falcon 7X 108 2018 (632)
Cessna Citation II 70 306306
287 2019 (615)
Cessna Citation Excel 68
G200 44
Hawker 400 42
176 172 166
Falcon 2000 42
Cessna Citation Mustang 40
Cessna Citation Sovereign 32 94 96 104
Learjet 60/XR 32 64 56 56
Cessna Citation V 24
2 2 2
TOTAL 258 136 68 40
PW300 JT15D PW500 PW600 JT8D

ENGINE OVERVIEW
ROLLS-ROYCE
No.1 22 2.5% BR700 Mainland China
100+ 71 + 28 + 23 + 22 + 15 + 15 + 14 + 10 + 9 + 7 + 4 + 4 + 4 + 1 + 2
276
196
76 64 60 42 40 40 28 26 20 10 10 10 4 6
MAINLAND CHINA
NEW ZEALAND
SOUTH KOREA
PHILIPPINES
HONG KONG
SINGAPORE
AUSTRALIA
INDONESIA
MALAYSIA
THAILAND
VIETNAM
OTHERS
TAIWAN
MACAU
JAPAN
TOTAL
INDIA
BR700 198 168 64 48 32 38 14 28 26 20 8 2 10 8 2 4 670

Tay 60 22 10 4 2 2 8 4 2 12 4 4 134
AE3007 16 2 2 12 26 18 2 4 4 2 88
Spey 2 6 8
Trent 700 2 4 6
Trent 500 2 2
Total 276 196 76 64 60 42 40 40 28 26 20 10 10 10 6 4 908

MODEL BR700 TAY AE3007
2017 (868)
90096+ 0100 23021+ 020 15014+ 013 10+ 01 0+01 0+0

G550 190 2018 (886)
Global 6000 116 640 670 2019 (908)
G450 110 604
G650 96
G650ER 90
Global 5000 76
Global Express XRS 60
Legacy 650 44
156 144 134
Legacy 600 38 98 92 88
Global Express 28 6 6 8 2 2 6 2 2 2
TOTAL 656 110 82
BR700 Tay AE3007 Spey Trent 700 Trent 500

ENGINE OVERVIEW
WILLIAMS
No.5 8 5.1% FJ44 Australia
52 + 32 + 26 + 24 + 10 + 8 + 4 + 2 + 8
52
32 26 24
10 8 4 2 8
MAINLAND CHINA
NEW ZEALAND
SOUTH KOREA
PHILIPPINES
HONG KONG
AUSTRALIA
OTHERS
JAPAN
TOTAL
INDIA
FJ44 52 32 26 24 10 8 4 2 8 166
Total 52 32 26 24 10 8 4 2 8 166

MODEL FJ44
2017 (148)
Cessna Citation CJ1 74 2018 (158)
Cessna Citation CJ2 42
89+0+0
0+95+0
0+0+100
2019 (166)
Cessna Citation CJ4 22 158 166
148
Pilatus PC-24 10
Cessna Citation CJ3 10
Premier I/IA 4
Nextant 400XT/XTi 4
TOTAL 166
FJ44

APPENDIX
REGION BREAKDOWN
EAST ASIA OCEANIA SOUTHEAST ASIA
Japan Australia New Caledonia Brunei Philippines
South Korea Cook Islands New Zealand Cambodia Singapore
French Polynesia Papua New Guinea Indonesia Thailand
Marshall Islands Solomon Islands Malaysia Vietnam
GREATER CHINA SOUTH ASIA

Hong Kong Bangladesh
Macau India
Mainland China
Taiwan
SIZE CATEGORIES
CORP. AIRLINER LONG RANGE LARGE MEDIUM
A310 Falcon 7X Challenger 600/601 Cessna Citation Latitude

A319ER Falcon 8X Challenger 604 Cessna Citation Sovereign
A340 G550 Challenger 605 Cessna Citation X
ACJ318 G650 Challenger 650 Challenger 300/350
ACJ319 G650ER Challenger 800/850 Falcon 20
ACJ320 Global 5000 Challenger 870 Falcon 50
ACJ330 Global 6000 CRJ100/200 G200
BAe 146 Global 6500 Dornier 328JET G280
BBJ Global 7500 ERJ135 Hawker 4000
BBJ 787-8 Global Express ERJ145 Hawker 700/750
BBJ2 Global Express Falcon 2000 Hawker 800/XP
Boeing 727 XRS Falcon 900 Hawker 850XP
Boeing 737 GV/GV-SP G300/G350 Hawker 900XP
Boeing 747 G450 Learjet 60/XR
Boeing 767 GII Legacy 500
Fokker 100 GIII
Lineage 1000 GIV/GIV-SP/G400
Lineage 1000E Legacy 600
Legacy 650
LIGHT VERY LIGHT
Cessna Citation CJ2 Cessna Citation V Learjet 70/75 Cessna Citation CJ1
Cessna Citation CJ3 G100/G150 Nextant 400XT/XTi Cessna Citation Mustang
Cessna Citation CJ4 Hawker 400 Phenom 300 EA500
Cessna Citation Encore HondaJet Phenom 300E Learjet 24/25
Cessna Citation Excel HondaJet ELITE Pilatus PC-24 Phenom 100
Cessna Citation I Learjet 31 Sabreliner Premier I/IA
Cessna Citation II Learjet 35/36 Westwind 1/2 VISION SF50
Cessna Citation III Learjet 40/45/XR

Beijing
Shanghai
Shenzhen Hong Kong
DISCLAIMER
Kuala Lumpur
The information contained in this report is for reference only. While
Singapore
such information was compiled using the best available data as of
December 31, 2019, ASG makes no warranties, either expressed
or implied, concerning the accuracy, completeness, reliability, or
ABOUT ASIAN SKY GROUP suitability of such information. ASG is not responsible for, and
ASIAN SKY GROUP (ASG), headquartered in Hong Kong with expressly disclaims any and all liability for damages of any kind,
offices throughout Asia, has assembled the most experienced either direct or indirect, arising out of use, reference to, or reliance
aviation team in the Asia Pacific region to provide a wide range of on any information contained within this report.
independent services for both fixed and rotary-wing aircraft. ASG
also provides access to a significant customer base around the
world with the help of its exclusive partners.
CONTRIBUTION
ASG would like to acknowledge the gracious contributions
ASG provides its clients with the following services: made by numerous organization, including aircraft operators,
OEMs, aviation authorities and JETNET LLC in providing data
Aircraft Sales & Acquisition | Aviation Consulting
for this report.
Market Research | Charter Services
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ASIA PACIFIC REGION YE 2019

ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019 I

3 OPERATIONAL CHALLENGES &

5 DELIVERIES & DEDUCTIONS

12 AIRCRAFT SPOTLIGHT: DASSAULT FALCON 6X

20 SPECIAL FEATURE: 20 FALCON SPECIAL MISSION AIRCRAFT

26 COMPANY PROFILE: SINO JET

42 AIRCRAFT SPOTLIGHT: GULFSTREAM G700

844.436.8200 \ info@globaljetcapital.com \ globaljetcapital.com

NET FLEET GROWTH Positive Negative No Change

OEM Size Category

Falcon 7X being the most popular Falcon model

come in second, third and fourth with 199, 138 -6%

Pacific’s total operational business jet fleet. 1

experienced a net fleet growth of 10 jets each. The

4 ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019

Historical & Forecast

ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019 5

SOUTH KOREA JAPAN

2.2% 1.4% 0.9%

66 ASIA PACIFIC REGION

Australia is the second largest market a fleet of 199 +10

Oceania and South East Asia registered the largest

NEW Rank by 2019 net fleet growth from the largest.

ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019 7

GREATER CHINA INDIA

8 ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019

FOR ALL COUNTRY PROFILES PLEASE VISIT: WWW.ASIANSKYMEDIA.COM

INDONESIA NEW ZEALAND

ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019 9

TOTAL FLEET BY COUNTRY/REGION AND OEM 1,213 in Total

10060+ 42+ 37+ 19+ 19+ 18+ 15+ 15+ 11+ 8+ 6+ 6+ 3+ 2+ 5+

AUSTRALIA 77 11 75 9 8 3 16 199 16% 199

INDIA 30 8 55 22 21 1 1 138 11% 138

HONG KONG 39 67 2 7 2 2 3 122 10% 122

TOTAL 335 307 295 97 76 36 35 7 25 1,213 100%

10 ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019

The Greatest Value for IS HERE FOR

Your Aviation Training YOU

Your Advantages Your Satisfaction Your Safety Partner

flightsafety.com • 314.785.7815 • A Berkshire Hathaway company

12 ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019

The space provided by the 6X’s 40-foot, 4-inch (12.3m) long

But spaciousness is not the only criterion of comfort that

ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019 13

The Falcon 6X will fly up to 5,500nm

And with a balanced field length of just

14 ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019

" DASSAULT IS UNIQUE IN BEING THE

ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019 15

0+58058+ 480+ 0+66060+ 540+ 0+960100+ 900+ 0+27028+ 130+

The business jet fleet in the Asia-Pacific region posted a net

0+36018+ 450+ 0+3609+ 450+ 0+027360+ 0+9+036180+ 0+3609+ 180+ 0+4509+ 0+

16 ASIA PACIFIC BUSINESS JET FLEET REPORT – YEAR END 2019

FOR MORE INFORMATION ON JET MOVEMENTS,

100+7541+84+26+156+53 82+10023+943+32+ 1+ 56+10059+18 +5310+0

6 16 BOMBARDIER $224.4 $3.8