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Jetsolution Releases Annual Report of Asia Business Aviation at Singapore Airshow

jetsolution_One of the important aerospace and defence exhibitions in Asia took place in Singapore earlier this month.

The Singapore Airshow 2014 was held at Singapore Changi Exhibition Centre on 11-16 February.

Jetsolution International Services Limited attended to acquire market intelligence and share business plans with international industry expertise.

On the same day, Jetsolution released its annual report, “Asia Business Aviation: 2013 Review and 2014 Prediction”, with up-to-date analysis of the business aviation industry.

The Hong Kong Business Aviation Center (HKBAC) is the only business aviation support facility in Hong Kong.

The number of business aircraft based in Hong Kong has risen from two aircraft in 1998, when HKBAC was established with its first hangar, emerging to over 100 aircraft in 2013.

Hangar 2 launched in 2007 as business aviation continues its growth in Hong Kong with 15 aircraft residing in HKBAC at that time.

Despite the fact that HKBAC opened its third hangar in May 2012 to boost HKBAC parking and maintenance capacity, the demand of aircraft parking space and resources are still insufficient in Hong Kong.

Some of the commercial aircraft hangars and service providers, such as China Aircraft Services Limited (CASL), extended their services to increase business aircraft nowadays. A significant number of Hong Kong-based business aircraft are required to reside and to be served in airports of Shenzhen, Macau and the Philippines.

Jackie Wu, President and Aviation Specialist of Jetsolution, attended Singapore Airshow 2014. Ms Wu possesses over 14 years extensive experience in aviation and is former chief operation officer and senior management of leading business aircraft management companies, nurturing networks with aviation personnel globally while leading Jetsolution offices in Hong Kong and Singapore to provide analysis and aircraft transaction services to Asian aircraft owners.

Visit www.jetsolution.hk to view the 2013 Review and 2014 Prediction report.