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Business Air News
Business Air News
The monthly news publication for aviation professionals.
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The monthly news publication for aviation professionals.

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ASG reports on a challenging year for Greater China
In the lastest edition of the Asian Sky Quarterly, ASG looks at the challenges in China during 2019 and updates its forecast for Asia Pacific jet and helicopter markets.

Hong Kong-headquartered business aviation consulting firm Asian Sky Group (ASG) has released its 2019 Q4 edition of Asian Sky Quarterly, complete with an updated forecast on the business jet and civil helicopter markets throughout the Asia-Pacific region.

“2019 was a challenging year for Greater China, considering the economy, the US/China trade dispute and most recently the outbreak of a virus, impacting travel and businesses across the board,” says managing director Jeffrey Lowe. “In Q4, almost all regions, with the exception of Central Asia, reported increased economic optimism levels; albeit still low. And, of course, we can expect this sentiment to change as we move into Q1 considering the recent events in the region.”

He continues: “In terms of flight activity, Greater China's aircraft utilisation continued to worsen, with the highest decrease in the region. This was driven by an 18 per cent y-o-y decrease in flights departing from mainland China. Still, Beijing Capital airport remained one of the busiest for outbound business jet flights.”

A full understanding of what's going on in the market can be found in the 'Mood & Intentions' section, along with more data on regional business jet flight activity and a detailed analysis of the pre-owned Gulfstream G450 market.

This issue also includes a spotlight on Gulfstream's new G700, with a podcast where Gulfstream's Charles Etter, responsible for environmental strategy and regulatory affairs, speaks on the efforts Gulfstream has made towards sustainability.

Law firm HFW shares its insights on the developing regulatory environment surrounding 'going green' in business aviation, Global Jet Capital tackles the 'top five myths about operating leases' and Universal Weather & Aviation gives an update on the operational requirements for business jets flying into Japan.

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