Asia Business Jet Fleet Growth Slows
Mainland China growth stalled in 2018 after a stellar 2017.

Poor market sentiments in China amidst uncertain economic prospects have dampened the growth for the business aviation fleet in the Asia-Pacific region. According to the Asian Sky Group 2018 Fleet Report, the total Asia-Pacific fleet grew by 17 aircraft, or 1.4 percent year-over-year (YOY) to 1,201 jets. However, the biggest driver for the region’s growth, Mainland China, experienced a decline, with a reduction of six aircraft in 2018, or -2 percent YOY, reversing the more robust 10 percent growth in 2017. Including, Taiwan, Hong Kong, and Macau, the Greater China region shrunk by 0.2 percent.