ASG: Market stabilization & purchase intent rise in Q3 2017
Hong Kong business aviation consulting firm Asian Sky Group (ASG) has released its 2017 Q3 edition of Asian Sky Quarterly, complete with an updated forecast on the business jet and civil helicopter markets throughout the Asia-Pacific region. The report provides the usual insights on market intelligence and trends, data on market mood, as well as the availability and prices for specific pre-owned aircraft types.
“2017 Q3 sees the same positive trends in the region that we highlighted last quarter persisting: pre-owned inventory declining, asking prices flattening out, market stabilizing and the trend line continuing to move towards a more balanced market between supply and demand,” says Jeffrey Lowe, ASG Managing Director.
“The ‘feel good’ factor has been growing consistently each quarter and finally this quarter we see the anticipated spike in purchase intent: an 11% increase for a new aircraft and 8% increase for a pre-owned aircraft, where the preferred type remains a large cabin aircraft,” adds Lowe.
This instalment also features a profile on business aviation in Thailand, an in-depth look at the pre-owned Gulfstream G200/G280 market, and a spotlight on Bombardier’s Global 7000. A wide-range of interviews with key industry players are also included: Comlux Executive Vice President of Marketing, Severine Cosma; ASG’s Director of Completion Management, Ed Harris; Aircraft Interior Designer, Michael Reichenecker; and Amber Aviation Vice President, Sales & Marketing / Customer Service, Vicky Tsui.
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