Jet Asia carves Pacific Rim bizav market niche
When large areas of the Asian economy tanked in the late 1990s, business aviation in the region suffered.

When large areas of the Asian economy tanked in the late 1990s, business aviation in the region suffered. In the Macau/Hong Kong vicinity alone, as many as 30 bizjets ceased operating and have yet to return.

Now, with the economy on the rebound, business aviation is also beginning to recover, and according to its new CEO, Michael Woods, Jet Asia is ideally positioned to take advantage of the growing demand throughout the Pacific Rim for private air travel. “Our shareholders are bullish on the future of business aviation in Asia,” he said. “We weathered the economic downturn nicely and are retooling in preparation for growth.”