Private charter activity in Asia grew faster than the global average over the first nine months of the year, with Air Charter Service’s Singapore office reporting record performance. The team arranged 61% more charters than during the same period last year.

“We have had a great first nine months of the year, with charter numbers up by 61%, and we surpassed last year's total last month. We have seen even larger growth in revenue figures, as we are up 155% on last year,” says Air Charter Service Singapore CEO Brendan Toomey.

He adds: “The economic climate of the region, and Singapore in particular, has played its part in our success. With many companies relocating their regional headquarters out of Hong Kong in recent years, Singapore has benefitted, emerging as one of the top choices for several global corporations. The country's growth is not only in the business world, it is also one of Asia's main aviation hubs, the fourth busiest airport in the world for international passengers and an extremely busy one with cargo shipments.”

Revenue was also supported by large cargo aircraft charters between Cambodia and Thailand following border closures, although Toomey says underlying growth remains strong at 65%. “By the end of this year, we are set to have record levels both of charter numbers and revenue, our best since we opened in 2020. It's an exciting time for the office; we have an amazing group here, and we are looking to add new members to the team over the coming months to cope with our growth in business.”