Asian Sky Quarterly – 2024 Q2

Asian Sky Quarterly – 2024 Q2

  • Discover Asia-Pacific’s Q2 Mood & Intentions: Analysis of responses to our famous Mood & Intentions survey showed that the overall percentage of respondents who felt optimistic about the regional economies in Asia-Pacific, the Middle East & North Africa declined to 79.7% from 85.5% in the previous quarter. The optimism levels decreased across all subregions, with only South Asia, Southeast & Northeast Asia remaining above the average.
  • Country Spotlight on Vietnam: Asian Sky Group takes a deep look into the Vietnamese business jet fleet from 2021, when there were a total of eight aircraft in the country. Since then a number of aircraft have left the fleet, which has been balanced out by a number of new aircraft joining the fleet.
  • Market Spotlight on Super Medium Helicopters: Asia-Pacific had the largest based fleet of Super Mediums at the end of Q2 2024 with a fleet of 46, followed by Europe with 40 and Latin and South America with 18. There were no H175s based in the Middle East or North America.
  • Business Jet Flight Activity: The total business aircraft flights departing from Asia-Pacific in the second quarter was 28,448, a decrease of 8.7% compared to the first quarter. Compared to the same period in 2023, there was a slight decline of 1.9%.
  • Market Trends in Business Jets: The global inventory value continued to rise in the second quarter, reaching USD 9.45 billion by the end of Q2. This was the highest value in the last three years. Compared to the previous quarter, the inventory value increased by USD 547 million, an increase of 6.2%.

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INDUSTRY REPORTS