Aerochine Aviation (Booth P702), the independent representative for Bell Helicopter in China, Hong Kong and Macau since 2009, reports that last year was a banner one for the company’s sales in China.
No one doubts that demand for business aviation is growing in Asia, but is the available aircraft capacity being developed sufficiently to meet this demand? It is not, according to Jean Noel Robert, president of the Asian Business Aviation Association (AsBAA), who believes that the lack of available charter aircraft is a real impediment to growth.
Jet Aviation (ABACE Booth P516), a wholly owned subsidiary of U.S.-based General Dynamics, has added interior completions to the capabilities of its facility in Hong Kong.
Continued overcrowding and access problems at key Asia Pacific airports such as Hong Kong International mean that Subic Bay in the Philippines is well placed to serve as a business aviation hub for the region, according to Aviation Concepts, which last year opened an FBO there.
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.