Jeffrey Lowe - Good news is here!
12:30 AM00:30

Jeffrey Lowe - Good news is here!

Are we there yet? Are we there yet? This question has been in the mind of most industry members for several months now. Has the business jet market finally bottomed out? Is there light at the end of the tunnel? Well, the good news is — from the data and analysis Asian Sky Group (ASG) has done — yes!

If you consult the Market Dynamics section of this issue of Asian Sky Quarterly, you’ll find a number of indicators that — taken as a whole — represent the stabilization of the market we’ve all have been hoping for.

The percentage of the fleet for sale in the Asia-Pacific region has topped out at around 12% and held steady for the last 12 to 15 months. Likewise, average asking prices have bottomed out at approximately US$22M and held steady for the last 4 to 6 months. So, the market trend which we saw start to change in April of last year, has now balanced out. We even see a convergence with the signal line indicating sustainability.

These positive signs are further supported by the results from this quarter’s ‘Mood & Intentions” survey. Optimism has been growing since Q3 2016 across all regions and reached its highest level this quarter. Aircraft utilization is increasing, as well. The industry, in the Asia-Pacific region, generally has better feelings about the future.

The market is still decidedly a ‘Buyer’s Market’ – plenty of supply and attractive prices. Although with a stable market and growing optimism, ASG expects sellers to be firmer with their pricing positions going forward. Therefore, now is the time to buy.

However, this mindset hasn’t translated into sales just yet. The average days on market for an aircraft continues to grow and purchase intention uncertainty remains high, but ASG expects to see this change over the second half of 2017.

In addition to bringing you the latest data on the market, there is also our regularly featured country profile and aircraft spotlights. This issue, we look at Malaysia’s business jet and civil helicopter fleets, as well as available infrastructure and closely examine the pre-owned G450 market and the new Legacy 650E.

Read more from our Asian Sky Quarterly Q2 in the Publishers Note section (P.1) the Asian Sky Quarterly report can be found here.

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Civil Helicopters Fleet Report Year End Released
to Mar 7

Civil Helicopters Fleet Report Year End Released

The Long awaited Civil Helicopters Asian Sky Fleet Report Year End 2016 is out now.

This issue we will be looking at:

  • Helicopter Leasing Section - Presenting First ever overview of the Asia-Pacific Leasing Market by Lessor, Model, Mission and Country
  • Overview of Offshore Activities in the Asia Pacific Region
  • Country Profile on Greater China
  • Complete Overview of the Current State of the Civil Helicopter Market in the Asia Pacific Region

Delay no longer, file can be found here

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