Asian Sky Quarterly

Discover Asia-Pacific’s Q1 Mood & Intentions: Analysis of responses to our famous Mood & Intentions survey showed that optimism levels increased across all Asia-Pacific subregions when compared to the last quarter of 2023.
Market Spotlight on the Airbus ACJ320 family: By the end of Q1 2024, the global in service fleet of ACJ320 family aircraft consisted of 118 aircraft. The ACJ319 had the largest number of aircraft, with a total of 70. The ACJ319neo and ACJ320neo had the lowest numbers, with four and six aircraft respectively.
Business Jet Flight Activity: The total business aircraft flights in the first quarter of 2024 was 31,167, a slight increase compared to the same period in 2023. Each month of Q1 2024 saw over 10,000 flights, reflecting the steady upward trend of the regional economy.
Market Trends in Business Jets: Following a minor decline in January and February, the global inventory value of business jets reached its highest point in recent years by the end of the first quarter, amounting to USD 8.90 billion. This indicated a substantial increase of 26.0% when compared to the same period in 2023.
Contributors include: Airbus, AMSTAT, Dassault Aviation, Gulfstream, IADA and WINGX.