The market for private business jet rentals in the Asia Pacific region is driven by the increasing movement of top officials of various along with the increasing number of HNWI’s coupled with the growing disposable income

Date: 7 June 2016

According to recently published Azoth Analytics report titled “Asia Pacific Business Jet Rental Market (By Type, By End-Use, By Country): Opportunities and Forecasts (2016-2021): (By Type of Jets-Light Jets, Medium Jets & Heavy Jets; By End-Use - Business, Leisure & Ambulance; By Country-China, India & Australia; Company Analysis)”, Asia Pacific Business Jet Rental Market in terms of value is anticipated to grow at a CAGR of 14% during the year 2016E-2021F on account of the increasing customer base in the region, improving infrastructure, overhauling of the jet fleet, implementing new measures of revenue generation and technological advancement of the jets.

With the industry witnessing significant growth rate, it is anticipated that the Asia Pacific Business Jet Rental Market will exhibit higher growth in the forecast period as well. In terms of country analysis, India is expected to achieve maximum penetration followed by China and Australia with huge growth opportunities by the government inputs in the infrastructure to uplift the business aviation sector.  Growing presence of multinationals in the region, increasing trade and globalisation and the geographical location of the region is facilitation growth of private jet rentals market. 

The report titled “Asia Pacific Business Jet Rental Market (By Type, By End-Use, By Country): Opportunities and Forecasts (2016-2021): (By Type of Jets-Light Jets, Medium Jets & Heavy Jets; By End-Use - Business, Leisure & Ambulance; By Country-China, India & Australia; Company Analysis)” has analysed the potential of Business Jet Rental market regionally and provides statistics and information on market size, shares and trends. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Asia Pacific Business Jet Rental market.
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