Chinese business jet fleet grew by 40% in 2012
The size of the business jet fleet in Greater China grew by 40% throughout 2012 to 336, according to a study published by Asian Sky Group, an aircraft brokerage headquartered in Hong Kong.
Reflecting recent trends in the wider market, 70% of business jets based in China are large cabin jets or bigger – including aircraft in the super large, ultra-long range and corporate airliner categories – and these aircraft types were also responsible for 91% of the fleet’s growth last year.
The report titled ‘Greater China Business Jet Fleet Study for 2012’ claimed that China accounted for 57% of the total fleet, with 33% of Chinese business jets based in Hong Kong at the year end.
Gulfstream remains the most popular business jet manufacturer in Greater China – largely due to the G550 and G450 – with a 36% share of the market at (122 aircraft) and Bombardier follows with 29% (97 aircraft).
There were also 18 Airbus corporate airliners based in Greater China at the end of 2012.
For a copy of the full report, please contact Asian Sky Group at: [email protected]