Sino Jet, one of Asia’s largest and fastest-growing
business jet operators, has opened the first
fixed-base operator facility (FBO) at Nanchang Changbei
International Airport in China.
The investment forms part of Sino Jet’s expansion
into mainland China ahead of an expected 20% year-on-year
increase in business jet use in Jiangxi Province over the next three years.
Business jet movements in China exceeded
27,000 in 2019, with Nanchang Airport accounting for less than one
percent of the total flights.
“Despite the strong demand for
business aviation in Nanchang, growth is slowed by a lack of
facilities when compared with other regional airports. Sino Jet’s
investment stems from our confidence in the growth potential of Jiangxi Province as part of China’s growing business aviation
ecosystem,” a spokesperson of Sino Jet said.
Demand for
business aviation at Nanchang Airport has grown in parallel with
Jiangxi Province’s economic expansion and an increase in
international trade. For example, Jiangxi Airport VIP Service
Company reported that 20% of business aviation flights over the
past three years at Nanchang Airport were taken by local
passengers and first-time users of business aviation. Data from
Sino Jet’s Flight Operations Centre mirrored this trend, reporting
a surge in movements from 66 in 2019 to a (projected) 100+ in
2020.
“We believe that there is a great opportunity in the
optimisation of China’s 2nd tier city aviation infrastructure.
According to Asian Sky Infrastructure Report 2019, just 12 of
China’s 250 airports have FBO facilities, indicating an extensive opportunity for improvement and development as the region works
towards economic recovery. Demand from Jiangxi has grown
significantly and has huge future potential because there is a
growing understanding of the benefits of business aviation. In
addition, the government supports general aviation development,
and recognises it is an enabler for economic development,” added
the
Sino Jet spokesperson.
See latest
Travel News,
Video
Interviews,
Podcasts
and other
news regarding:
COVID19,
Sino Jet.
Headlines: |
|
|