Asian Bizav Fleet Vs. MRO Demand Growth
The in-service business aviation fleet in Asia is expected to climb from just under 1,600 aircraft in 2026 to more than 1,700 units at the end of 2035. That equates to a 1.3% compound annual growth rate, just under the world average of 1.4%.
Gulfstream, Textron Aviation and Bombardier are projected to deliver the most aircraft to Asia. The three OEMs are forecast to hand over nearly 400 units worth $18.1 billion at retail rates, out of the $21.9 billion total in the region. With just over 50 new units, the Bombardier Global 7500/8000 alone stands out as the leading aircraft variant to be delivered to customers in the region. At an aircraft family level, almost 70 Cessna Citations are forecast to be shipped to Asian customers during the forecast period.
MRO dollar demand for business aircraft in Asia will grow at a 2.4% annual rate, lower than the 3.0% global trend before inflation.