Membership of the Asian Business Aviation Association (AsBAA) has risen from 45 to 58 over the past year, with the most recent company to sign up joining just before yesterday’s annual general meeting held on the eve of the ABACE show in Shanghai. The new member is AIN, publisher of ABACE Convention News.
In anticipation of increased capacity needs, Hong Hong’s government has approved an expansion plan that will give Hong Kong International Airport (HKIA) a third runway. Airport Authority Hong Kong (AAHK) believes that construction will start within three years.
Business aircraft sales, acquisitions, trading and brokerage services firm Jetcraft opened a new office in Hong Kong today under the Jetcraft Asia banner. This establishes a permanent base in Asia for the company, which has been active in the region despite not having a “formal presence” there. Jetcraft co-owner and board member Jahid Fazal-Karim predicts a growing market for pre-owned business aircraft in Asia, particularly in China, within the next five years.
Not without reason, China continues to dominate expectations for business aviation growth in Asia, but the continent as a whole presents a vast if complex opportunity for the industry.
Membership of the Asian Business Aviation Association (AsBAA) is growing as the group’s new leadership team takes steps to expand its operations. According to AsBAA chairman Jean-Noel Robert, 10 new member companies have joined the Hong Kong-based group in recent weeks.
Based on a memorandum of understanding with Metrojet of Hong Kong, Flying Colours of Peterborough, Ontario, will open a base of operation in the region that will focus on interior refurbishment for a range midsize to large-cabin business jets, including models from Bombardier, Dassault and Gulfstream.
Aviation maintenance management software developer Mxi Technologies is opening an office in Hong Kong and has named Witono Lukman as managing director. The company cites a growing demand for its Maintenix software throughout the Asia-Pacific region as the reason behind its decision to open the new office.
Business aircraft operators frustrated by the lack of space, inconvenient access and uncompetitive prices at key airports in the Asia-Pacific region now have an alternative with the opening by Aviation Concepts of a new FBO at Subic Bay in the Philippines.
Eurocopter has opened a new global logistics facility in Les Florides industrial park near its production plant in Marignane in the south of France. It joins a logistics distribution system that includes facilities in Donauwörth, Germany; Roissy-Charles de Gaulle Airport, France; and Hong Kong as well as customer service centers in both Hong Kong and Dallas.
Many companies boast of being the best, but Metrojet bills itself as “Asia Pacific’s business aviation leader” with some justification. It is a subsidiary of The Hong Kong Aviation Group HKAG (itself a subsidiary of the Kadoorie Group, which owns China Light and Power and the Peninsula hotel chain).