Mick Doohan

Australia’s vast landscape, coupled with its growing economy, has positioned the country as a key player in business aviation. It is the second largest market in the Asia Pacific, with approximately 230 business aircraft. This fleet has seen significant evolution over the past five years and experienced a net increase of around 10%, spurred by a mix of pre-owned and new aircraft acquisitions. At Corporate Jet Investor Asia last month, decision makers from across business aviation came together to explore topics ranging from the current turboprop market in Australia to the future of the market in the region.

Here are our key takeaways.

Fleet modernization and demand

Older models traditionally dominated the Australian fleet, but today we’re seeing rapid modernization, as owners are upgrading their aircraft. The Australian charter market has also matured significantly and many new clients, particularly those introduced to business aviation during the pandemic, are transitioning f...

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When it comes to seizing opportunities within the global growth of business aviation, Jetcraft‘s perspective is truly international. This includes responding to the significant activity throughout Australia and the wider Asia-Pacific region.

In the last Five years, Jetcraft alone has added close to 15% to Australia’s market in terms of aircraft sold to new business aviation users, with corporate buyers in particular contributing significantly to this figure. The considerable distance between Australia and other major cities is also prompting buyers to invest in the flexibility offered by private travel, which is driving the growth of the market.

Mick Doohan, President, Jetcraft Australia and New Zealand, says: “Activity is off the charts across our region and there’s every reason to expect our market will continue to grow at around the pace we’ve seen over the last 10 years. Jetcraft – with our unrivaled expertise and impartial view of the entire market – can suppor...

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