Charter market accelerating in Asia, says Avinode
ABACE, Shanghai, 17 April 2018: The Asian business aviation charter market is expanding rapidly, according to new figures from Avinode (ABACE booth H1105), a leading technology and data partner for the business aviation industry.
Requests for arrivals into Asian airports made through Avinode rose by 43% for the period April 2017 to March 2018 compared to the same period in 2016-17, from 78,269 to 111,964.
The most significant increases in flight requests for arrivals into Asia were from Russia and the US, with requests from the US surging 72.4%. For trips from Russia to Asia, flight requests made through Avinode leapt 41.4%, from 24,580 in 2016-2017, to 34,765 in the same period 2017-2018.
Requests for departures from Asia through Avinode saw a 53% hike for the period April 2017 to March 2018 compared to the same period in 2016-17, from 37,522 to 57,438. International departures from Asia to Russia and the US again saw the most dramatic boost, increasing by 84.5% and 80% respectively.
For domestic charter trips requested through Avinode, China’s key position in the global economy saw it experience the greatest growth. For arrivals, China overtook India to become the second most popular destination in Asia, with requests up 70.6%. Thailand retained its position as the most popular destination, with a 64.6% increase in requests.
For domestic departures, Chinese airports climbed from the fourth to the first most requested in Asia, with requests more than doubling from 2,286 to 4,765.
Oliver King, CEO of the Avinode Group, says: “Such positive growth reflects the accelerating demand for business aviation across the globe, as well as the consolidation of Asia’s position in the charter market. The growth in flight requests made through Avinode demonstrates how our commitment to the Asian market is being appreciated by those operating in the region.
“The Asian market is a tech-savvy one. Avinode’s adaptability for digital and mobile use is essential in this market, ensuring requests and quotes across all of Avinode’s platforms are sent quickly and easily. Plus, all of our platforms integrate seamlessly, helping our customers maximize the efficiency of their workflow. We look forward to further developing our offering for the Asian market, as business aviation in the region continues to flourish.”