Private Jets
a Tough Find in Asia-Pacific
BOONSONG
KOSITCHOTETHANA ON MAR 24, 2017
SOURCE: MCCLATCHY
March
23--Thailand ranks fourth in Asia-Pacific when it comes to local options in
chartered private jets for the ultra-rich, says a Hong Kong-based chartering
firm.
There are 18
executive jets available locally for the 26 billionaires in Thailand, hence a ratio
of 0.7:1, good for fourth on the nine-country list, according to new research
by L'Voyage.
The study
found that while China, Hong Kong and South Korea are among the 15 countries
that have the most billionaires globally, they offer the fewest number of
chartered jets per billionaire in Asia.
Sluggish
development of an aircraft-sharing culture, a shortage of talent, and
challenging and diverse business aviation regulations have contributed to the
current situation, said L'Voyage chairman Diana Chou.
Overall,
northern Asia's charter jet industry lags behind its Southeast Asian
counterparts in Singapore, Indonesia and Thailand.
Subsequently,
the well-heeled in Japan, Hong Kong, China and South Korea are often
hard-pressed to book private jets during peak holiday seasons in Asia.
Key findings
from the research:
Greater
China's 609 billionaires have just 70 chartered private jets to choose from,
compared with the 552 billionaires in the US who can choose from more than
2,600 private aircraft. That comes to 4.7 chartered jets per billionaire in the
US, compared with 0.1 in Greater China.
Hong Kong's
72 billionaires have to jostle for 13 private charter aircraft and face the
challenges of landing slots and parking. Fortunately, they can opt to take off
from Shenzhen's Bao'an airport when the city's only private jet terminal is
overbooked.
Australian
billionaires are the luckiest, with two charter jets available for every
ultra-rich person. Australia's chartered jet sector has grown as a result of
demand from users in the mining and tourism industries.
Singapore
ranks second in terms of convenience, with one charter jet available for every
billionaire. Singapore's government has been investing in the infrastructure
needed to support the industry and is currently the region's most active
aircraft leasing hub.
L'Voyage said
the situation in Greater China is set to improve, thanks to government support.
Greater China
has the fastest-growing number of billionaires in the world -- up 41 from 595
in 2016 -- and its charter jet industry is catching up as well.
In March,
China's Civil Aviation Administration abolished the need for government
approval of the purchase and registration of new or pre-owned private jets.
China also
plans to build more than 500 airports by 2020 and boost the operating
environment for general aviation.
By next
month, Hong Kong will begin legislating a new tax regime designed to appeal to
commercial aircraft leasing companies.
"Such
measures should also help expedite business aircraft leasing and spare demand
for locally registered aircraft for charter," Ms Chou said.
Flying High:
Thailand's Top 5 Private Jets
Planning a
holiday in Thailand, and around the region, is a breeze, thanks to
top-of-the-line air services available in the Kingdom.
The Land of
Smiles is one of those rare destinations where it’s easy to combine business
and pleasure. Thailand’s growing economy brings many foreigners here for the
first time on commerce and trade. Soon enough, they are hooked on the country’s
sunshine and charm – either coming back for a straightforward holiday, or
turning a business trip into a family getaway or couple’s vacation on the side.
By Barbara
Woolsey
In response
to such rising demand, Thailand lays claim to some of Southeast Asia’s best air
service providers. When it comes to delivering five-star connections around the
region, Thailand is a hub of splendour and elegance. For chartering a private
jet, to and from exotic destinations, the options are endless.
What makes
indulgent travel in this country really stand out is the traditional way of
life that’s been built over time. Thais are known for their generosity and
service-mindedness, and as a result the service standard here reflect both in
generous doses. We’ve put together a list of five air service providers in
Thailand that are the cream of the crop. But trust us when we say, it wasn’t
easy to choose.
MJETS
MJETS is Thailand’s leading specialist
in private aviation, providing luxury flights by charter around the region.
Based out of Bangkok, the company was founded in 2007 and remains the country’s
first and only fixed based operator (FBO) with a private jet terminal at Don
Mueang Airport. MJETS operates an impressive fleet of Gulfstream and Cessna
aircrafts boasting bespoke cabin configurations and in-flight amenities, and of
course, fast-track immigration and customs clearance go without saying. www.mjets.com
SIAM LAND
FLYING
For more than
20 years, Siam Land Flying has been at the head of the pack
when it comes to executive air travel across the region. Whether chartering for
business or pleasure, the company’s Hawker and King Air airplanes provide top
comfort as well as cutting-edge design, performance and technology to its
ultra-premium clientele. Siam Land also offers emergency medical services,
handling evacuations with a team of doctors on 24 hours standby, ready to fly
anywhere.
www.aircharterthailand.com
OrientSKYs
This Bangkok
based independent aviation company facilitates private jet charters across
Asia-Pacific primarily for customers from the U.S., Europe and China. Founded
in 2004, OrientSKYs works with a network of trusted operators
based in strategic locations like Bangkok, Shanghai and Tokyo, in order to
match clients to the most perfect charter. OrientSKYs is also able to provide
Asian customers with charter in Europe and Americas through its full-time U.S.
and European offices. Through a partnership with Global Jet Sales, the company
helps to broker private jets sales. Their inventory is highly exclusive,
featuring only the most top-quality aircraft and coveted off-market products. www.orientskys.com
Stratos Jet
Charters
There is no
destination too far for Stratos Jet Charters. They source private
aircrafts and provide global access to private jets, on both an international
and domestic basis. By matching clients with charters, they are free of the
strenuous responsibilities that come with owning and maintaining aircraft –
leaving the company able to focus entirely on the execution of its guests’
travel itineraries. They coordinate everything from Point A to B, whether it’s
chauffeured ground transfer to in-flight catering, and even hotel booking. www.stratosjets.com/jet-charter-airports/thailand
Advance
Aviation
Advance
Aviation is
Thailand’s largest VIP helicopter charter service. Also offering private jet
charters, the company’s fleet consists of a Gulfstream G-200 aircraft and five
top-notch EC-135 and EC-130 helicopters in flashy red and white. Since Advance
Aviation’s founding in 2010, the company has expanded to three strategic
locations around the country: Bangkok, Chiang Mai and Phuket. They can fly
anywhere around the region.www.advanceaviation.co.th