Requests for charter flight price quotes, a bellwether of business aviation activity, have been growing in China by more than 20 percent annually over the past three years, according to data released this week at ABACE 2014 by Avinode. Quote requests for flights to and from China, Hong Kong and Taiwan grew from 9,701 in 2011 to 11,684 in 2012 (up around 20.5 percent), and to 14,369 last year (up around 23 percent).
Republic of China
The defense industries of the People’s Republic of China (PRC) are looking to expand their export market share beyond their traditional customer base–and for the first time are challenging some of the world-leading U.S., European and Russian firms.
The People’s Republic of China (PRC) holds 57 percent of the 336-strong business jet fleet of the Greater China area, while Hong Kong holds 33 percent; Macau is in third place, with 5 percent; and the Republic of China (Taiwan) has 3 percent of the fleet, according to a report released by Asian Sky Group (ASG), a Hong Kong-based business aviation consulting group. The company announced its formal launch at ABACE last year.
Recent upgrades to India’s Defense Procurement Policy (DPP) 2011 that are to be incorporated in DPP 2012 could soon allow foreign vendors to buy from Indian companies assemblies that contain foreign content while getting credit for the entire assembly, as long as the content is paid for in rupees.
With precious little sign of a meaningful economic recovery in the main Western economies of North America and Europe, the business aviation industry is pursuing growth more intently than ever in the emerging markets of the East. Nowhere epitomizes these expectations quite like China, with its soaring corporate and private wealth.
This year we could finally find out whether China will fully realize its potential as the world’s most dynamic new market for business aviation. For all the high-octane speculation about growth in China, 2011 closed with fewer than 200 business aircraft registered in the country and continuing difficulties in getting them imported and flying for the new jet-set in the People’s Republic.
China is launching its own helicopter show. The China Helicopter Exposition 2011 (Booth No. 503) will be held September 15 to 18 in Tianjin and is sponsored by the state-owned Aviation Industry Corporation of China (AVIC) and its Avicopter division. Currently China has a population of 1.4 billion but has only 200 civil helicopters.
WinAir of Taiwan announced at the NBAA Convention that it will launch a charter and aircraft management service in Taipei, Taiwan, on October 29. It will be the country's first such service. WinAir, which began as a private flight department, operates two U.S.-registered aircraft, a Gulfstream IV and a G450. The company recently took delivery of a G550 that was the first business jet to receive Taiwanese registration.
Taiwan’s air force is giving a hangar at Taipei Songshan Airport to the Civil Aeronautics Administration for use as the Asian country’s first business aviation zone. The hangar is “on loan” until the legal proceedings to make the deal permanent are completed. The new business aviation zone is expected to be up and running next month.
China has threatened to impose sanctions against the U.S. companies whose equipment forms part of a controversial new arms package for Taiwan that was announced last Friday. They include Boeing and Sikorsky, who enjoy brisk sales
to China of airliners and civilian helicopters, respectively.
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