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Asian Business Aviation Association

Macau International Airport

Associations

Press Release

Issued by Asian Business Aviation Association.

November 4, 2017

Asian Business Aviation Association announces cooperation with authorities in Macau to significantly enhance general aviation infrastructure

AsBAA, Asia's non-profit representative trade body for business and general aviation (BA/GA), took a lead at the Macau Business Aviation Exhibition (MBAE2017) today where announcements have been made that significant enhancements will be made to BA/GA infrastructure at Macau Airport along with potential changes to the further development of the leisure industry in Cotai that will see more attention given to the importance of general aviation in connection with the Greater Bay Area (GBA) initiative.

The announcement comes following the release of the executive summary of its 10 year masterplan for Macau International Airport which outlines its long term development. AsBAA leaders have commented at today's forum that its members fully support the authorities' direction and foresight and made a commitment to play an advisory role with the airport authorities to ensure that BA/GA will thrive in Macau.

The various positive announcements, which took place 3rd November at Macau International Airport as part of MBAE2017, signify a commitment from the Macau government to prioritise BA/GA development to facilitate and enhance the user experience within the GBA. The expansion and improvement of BA/GA services in Macau, along with some shifts in policy direction to move away from monopolies and encourage international companies to tender and partner with is significant and will drive competition and new investment into the region and sector.

AsBAA chairperson, Jenny Lau commented, "In 2016, there were 30 million visitors to Macau per annum, with 2,976 private jet movements. The government has today indicated plans to grow private jet movements to more than 5,000 per annum over the next five years. AsBAA is delighted to see and hear such a commitment to enhancing the user experience within BA/GA, which has been proven to lead to economic growth in the regions in which it is permitted to thrive. AsBAA will work closely with the relevant authorities whereby we recommend that a working committee is established between industry and the Macau Airport development body. We will continue to represent our members and advocate the development of BA/GA in greater China by liaising closely with the planning authorities in an advisory capacity".