FLY CORPORATE YOUR BIZAV RESOURCE FC ISSUE 17 - 2013 ISSN: 2030-0468 flycorporate.com BRINGING TOGETHER BUSINESS AVIATION AND BUSINESS LEADERS Asia Market Focus Large Jets on Centre Stage FC Interview: Captain Steve Taylor Boeing Business Jets Interiors & Completions • Aircraft Management • Finance & Leasing Landings: FC’s Guide to Hong Kong • BizApps
FlyCorporate reaches out to the Board Members, CEOs, Managing Directors, Presidents, COOs, CFOs and CIOs - plus the Pilots - of successful international corporations who are considering or are currently operating business aircraft.
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FLYCORPORATEYOUR BIZAV RESOURCEFC
ISSUE 17 - 2013ISSN: 2030-0468
flycorporate.com
BRINGING TOGETHER BUSINESS AVIATION AND BUSINESS LEADERS
Asia Market Focus
Large Jets on Centre Stage
FC Interview:Captain
Steve TaylorBoeing Business Jets
Interiors & Completions • Aircraft Management • Finance & LeasingLandings: FC’s Guide to Hong Kong • BizApps
Every Signature FBO is full of character Everywhere you turn there’s a story. Our people bring a dedication for aviation and
a commitment to service that you can feel. You’ll know that we’re glad to see you.
Every one of us. Everywhere. Check out our worldwide network at SignatureFlight.com.
FUELING A PASSIONFOR A HIGHER STANDARD
13-SIGFLI-4774 FlyCorporate March: Trim Size: 11 1/4” x 17 1/2” Bleed Page: 11 3/4” x 17 3/4” Safe Area:10 3/4” x 15 3/4”
SAV
Lon HardenDuty Manager
Devoted to personalservice for 25 years.
S I G N A T U R E
Every Signature FBO is full of character Everywhere you turn there’s a story. Our people bring a dedication for aviation and
a commitment to service that you can feel. You’ll know that we’re glad to see you.
Every one of us. Everywhere. Check out our worldwide network at SignatureFlight.com.
FUELING A PASSIONFOR A HIGHER STANDARD
13-SIGFLI-4774 FlyCorporate March: Trim Size: 11 1/4” x 17 1/2” Bleed Page: 11 3/4” x 17 3/4” Safe Area:10 3/4” x 15 3/4”
SAV
Lon HardenDuty Manager
Devoted to personalservice for 25 years.
S I G N A T U R E
YOUR BIZAV RESOURCE
4
ContentsFC UPFRONT
8MeettheTeam
10ReferenceIndex
12Memo–FlyCorporate’snewwebsite
14 NewsAnalysis:PartnershipsKeyinChina
16 NewsAnalysis:OEMsinIndia
17 Opinion:UnitedAviationServices(UAS)
18 Opinion:SignatureFlightSupport
20 AskanExpert:ARINCDirect
FC INTeRvIew
22 Steve Taylor, President of Boeing Business Jets, is a second-generation pilot who was destined for a career in aviation. FlyCorporate’s Cameron Heffernan sat down with him to discuss why Boeing’s aircraft are so well suited to the Chinese market.
MARKeT FOCUS: ASIA
28 NewDawninAsianBusinessAviation Sanjay Rampal explores how China’s economic powerhouse is a hotbed of activity with the rest of Asia playing catch up in the business aviation game.
34 China:AnEconomicPowerhouse, AManufacturingWonderland Ciel Jolley looks at how dramatically business aircraft deliveries have grown in China in the last decade, fuelled by a strong economy, improving infrastructure and more favourable regulations. Can supply match the strong demand?
36 TrendsinCompletions New technologies are now appearing in the interiors and completions arena, significantly improving the utility of business aircraft and bringing new levels of comfort and passenger facilities, as Rod Simpson reports.
40 AircraftFinance–TheNewWorld LendingOrder The days of superheated corporate jet deals and easy credit are long gone in this frigid era of austere lending. Have the banks learned their lessons well enough to push through a recovery? Sanjay Rampal investigates.
44 WhenOutsourcingMakesSense Aircraft management companies offer a turnkey solution for looking after your aircraft. But deciding when these services are right for your business depends on a number of key factors, as Wendy Wilson reports.
48 Long-RangeBusinessJetsinDemand The OEMs have been busy despite a tough economy, with nearly 250 new, large-jet deliveries each year from 2009 to 2011. Rod Simpson explores how increasing globalisation has been a boon to the long-range aircraft trade.
FC RevIew
53 BIZAPPS:Thelatesttoolsforbusinessaviation
54 LANDINGS:FC’SGuidetoHongKong
60DISTRIBUTION Where to find FlyCorporate in our global distribution network
62 ONTHEHORIZON What to look for in our next issue
Contents
Whether it’s a routine domestic flight or a trip to an unfamiliar international destination, Rockwell Collins Ascend flight information solutions has you covered. Our integrated scheduling software, flight planning tools and full-service trip support cut time, trouble and cost from every trip. So you can focus on the job at hand – flying safely to your destination.
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FlyCorporate magazine is published by .Mach Media. All rights reserved. Reproduction in whole or in part without written permission is prohibited. Total global print-run: 10,000.
Subscribers: If the postal service alerts us that your magazine is undeliverable, we have no further obligation unless we receive a corrected address.
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[email protected] or to .Mach Media, Kortrijksesteenweg 62, Suite 11a, 9830 Sint-Martens-Latem, Belgium. You can also call us on +32 9 262 03 30 or fax on +32 9 262 03 39.
Customer Service and Subscriptions: FlyCorporate’s magazine, weekly newsfeeds and our monthly e-reports are free to subscribers. To subscribe to any of our products, please visit flycorporate.com/subscribe.
Please recycle this magazine when you are finished
Iwanted to take thisopportunity topointout thatourwebsite,www.flycorporate.com,recentlyrelaunched.Enhancementsincludeanexcitingnewlookandfeel,expandedcontentandmultimediacapabilities,andimprovedusability.Italladdsuptoamorecomprehensiveviewofthebusinessaviationindustryaroundtheworld.
Finally,Iwanttoremindyoutosignupforourweeklynewsfeed,anemailwithablastofthelatestnewsanddevelopmentsfromtheworldofbusinessaviation;andourmonthlyOn the Fly Report,anin-depthanalysisofimportantissuestouchingtheindustry.Boththenewsfeedandreportarefreeandyoucansubscribetothematwww.flycorporate.com/subscribe.
Innovative and flexible training solutionsCAE innovation is transforming the training experience. CAE Virtual Ground School e-learning options. CAE RealCase evidence-based training of real-life events. Dynamic simulator debrief using CAE Flightscape data analysis. Training documents on your iPad. CAE-APS upset prevention and recovery training. We provide a unique service experience – from check-in to checkride – with programs that are customized to your operational requirements. And CAE has more international locations to serve your businessaviation training needs. Optimize efficiency, effectiveness, safety – train with CAE.
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With the Chinese business aviation market, the potential is enormous. But is the Government willing to do what it takes to help this fledgling industry really get off
the ground? RickAdams takes a closer look.
NewS ANALYSIS: A-LIST PARTNeRS ARe KeY TO CHINA’S BIZAv INFRASTRUCTURe
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YOUR BIZAV RESOURCE
WINGS OF YOUR BUSINESSOUR SERVICES
BUSINESS AVIATION TERMINAL AIRPORT SLOT COORDINATIONHANDLING AND SUPERVISION
February’s AeroIndia 2013, organised by the country’s Ministry of Defence, saw increased emphasis on business jets, marking a new stage in an anticipated long-
term courtship between the OEMs and the promising ‘BRIC’ country. Although still dominated by military aircraft, the show saw Bombardier, Cessna, Dassault, Embraer and Beechcraft all lining up their business aircraft to make a lasting impression on the market. By CielJolley.
Emerging markets share common characteristics – attention as centres for growth in business aviation balanced against a reputation for being challenging to serve.
Historically, it was not uncommon for pilots and crew to report difficulties with elements like planning flights, managing ground handling, paying fees quickly without being gouged or having to carry cash. These and other issues brought up an age-old question: How do you deliver VIP service in a place lacking a service-oriented culture?
OPINION: BY MOHAMMed HUSARY, CO-OwNeR & eXeCUTIve PReSIdeNT, UAS
China is a country that represents huge potential for business aviation – distances are long and the desire for big jets appears insatiable. At the same time, parts of
China are untested, and there are concerns about infrastructure, airspace and licensing. Which sentiment is right?
18
FCUPFRONT
OPINION: BY dAvId BeST, PReSIdeNT ASIA PACIFIC, BBA AvIATION
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A New Experience Theonceelusive“officeinthesky”hasnowbecomearealityformanybusinessjetoperatorsthathavemadethedecisiontoaddhigh-speedconnectivitytotheaircraft.WiththeintroductionofbroadbandservicesfromInmarsat,ViaSatandAircell,operatorsarefindingthatspeedsupto1.2Mbpsarepossibleat37,000ft,enablinguseofthesamebusinesstoolsasbackattheoffice.Compressionandaccelerationarebecomingstandardoptionsthatspeeduptransmissiontimes,ensuringapleasurableend-userexperienceatalowercost.Accesstoonboardnetworksarealsomuchmoreuserfriendlythaninyearspast.MostaircraftconfigurationsprovideastandardWi-Fihotspotloginand,dependingontheavionicsconfiguration,VoIPcallscanbemadedirectlyfromapassenger’spersonaliPhoneorAndroiddevice.Toolsarenowavailableforchartercompaniestochargefordatausageviacreditcardiftheychoosetodoso.
“The Chinese market remains a very significant opportunity for us as the years go on”
23
FCINTERVIEW
Steve Taylor, President of Boeing Business Jets, is a second-generation pilot who was destined for a career in aviation.
FlyCorporate’s CameronHeffernan recently sat down with him to discuss why the Seattle-based OEM’s aircraft are ideally suited for the Chinese market, why they deliver their interiors green and why his being certified on every Boeing production aircraft is an advantage.
Last year at ABACE in China you said that China is the key business jet market for the next decade. How do you feel about prospects in China one year later?Chinacontinuestobeaverysignificantopportunityforus.WehadgoodbusinessinChinain2012,butprobablynotasgoodasIhadanticipated,andIthinkthathadtodowithsomeoftheuncertaintythatcamewiththegovernmentchangesattheendoftheyear.Havingsaidthat,IthinkthefundamentalsforwhybusinessjetsareagoodopportunityinChinaarestillthere.Therestillisaverysignificantbusinessneedinthemarket,thedistancesthatthebusinesstravellersinChinaaretransitingarestillthekindofdistancesforwhichyouneedanairplanelikeours.Thesizeoftheteamsthatthey’retransportingstillmandatelargerairplanesinordertoaccommodatewhatthey’redoing,andChina’sglobalpresenceinthebusinessworldstillmandatesaneedforthosebusinessleadersinChinatohaveanairplanelikeaBBJ[BoeingBusinessJet].SoIstandbymystatementthatthefundamentalsareinplacefortheBBJtobeverysuccessfulinthatmarket,andtheChinesemarketremainsaverysignificantopportunityforusastheyearsgoon.
FCINTERVIEW
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YOUR BIZAV RESOURCE
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FCINTERVIEW
We don’t want to categorise all emerging markets as the same, just as we wouldn’t do for developed markets, but what are some of the specific characteristics that are unique to the Chinese market that may be different from, say, the American or European market?Chinesecustomerstypicallycarryalargerteam.Theytypicallyaremoreselfsufficient,carryingtheirowncrewswiththemforanentiretrip.Sotheyhavealargerflightcrew,alargerflightattendantcrew,andverytypicallytheycarryamaintenancestaffbecauseChinese-registeredairplanesarealittlemoredifficulttoworkonifyoudon’thaveaChineselicensedmechaniconboard.Sotheytypicallyhavearequirementforabiggersupportstaffonboardtheairplanethanweseeinsomeoftheotherregionsoftheworld.
We’ve written a lot in our magazine about expectations for growth in the Chinese market. Some say up to 25% per year, but there are also a lot of challenges from taxation, infrastructure, restrictions on airspace, lack of experienced pilots, operators or crew. Are those challenges surmountable?Ithinkallofthosemarketchallengesareverytrue,forthebusinessjetindustryasawhole.Ibelieve,however,thatbecausetheBBJisbasedonaBoeingproductthathassomuchpresenceinChina,someofthosechallengesareslightlyalleviatedfortheoperator.Forexample,findingqualifiedpilotstoflya737inChinaisnotnearlythechallengeitistofindaGulfstreampilot,toputitsimply,ortouseanotherexample,tofindpartsormaintenance.Withallthe737sthatareoperatinginChina,thereisalreadyaverysignificantpresenceoftrainedtechniciansandspareparts,andsoon.Soinsomeways,thosechallengesarealittlelessdauntingforBBJoperatorsthantheywouldbefortraditionalbusinessjetoperators.
How important a market is China for BBJ’s growth?OurallocationinatypicalyearissixBBJs.Andwe’vebeenverysuccessfulinfindingamarketforthoseairplanes.Really,thechallengehasn’tbeenwhetherwecanfilltheskyline.It’smoreaboutwhichcustomersweareabletosatisfyinagivenpieceofthemarketinagiventimeframe.SoIwouldn’tnecessarilysaythat,ifChinadoesn’tpanout,I’moutofbusinessorthatIneedChinatobesuccessfulasabusinessenterprise.Rather,Iwouldsay,ChinaneedsbusinessjetstobesuccessfulingrowingChineseindustriesandwethinkwehavetherightproducttohelpthembesuccessful.
“China needs business jets to be successful in growing Chinese industries and we think we have the right product to help them be successful”
BBJ with luxury interior and new high-speed digital system
FCINTERVIEW
26
YOUR BIZAV RESOURCE
Historically, the bigger jets have been crucial in leading market recoveries and it’s been the emerging markets, specifically the BRICs, that seem to prefer those big aircraft as they start making their initial purchases. To what extent do those market dynamics play to Boeing’s strengths?Ithinkthat’satruestatementthatemergingmarketssortofenterinthehighendofthebusiness,andIthinkthat’sareflectionofthebusinessneedsofthoseusers.WhenyoulookatthedistancesbetweentheChinesemanufacturersandthewesternmarketsthey’reserving,theyneedaverycapableairplanetodothat.Andlikewise,IthinkitdoesplaytothestrengthoftheBBJ,becausetheChinese,thewaytheydobusiness,typicallycallsforalotofpeoplesupportingthedifferentpartsofthebusiness.SoIthinkitdoesplaytothestrengthofourproduct,thatwehaveanairplanethathastherangecapabilitytogetthemnonstoptotheirmarketsandthesizecapabilitytoallowthemtotakethesortofteamsthattheywanttotakeinordertobesuccessfulintheirbusinesses.
At NBAA last year, you announced the BBJ Max 8 and 9, with deliveries in the 2018 timeframe, and the 7 following after that. These are long-range planes that cover huge distances. So where does it end? How large of a jet do customers need?We’resellingairplanestodaythatcangoalittlemorethanhalfwayaroundtheworld,andtherefore,candononstopsbetweenanytwocitypairs.Wehavea777-200LRthatjustcameoutofcompletionandisinservicenow,andthatairplane
BBJs are delivered green – no interior or paint. You leave a lot of those decisions up to the customer. How important is this as a differentiation point for BBJ – the interior design and customisation?Webelieveit’sveryimportantatthisendofthemarket.Youknow,ifyoulookataGulfstreamoraGlobal,theyobviouslyhavebeautifulinteriorsandit’saverycomfortableplacetofly.Butfundamentallyifyougoonanyofthoseairplanes,theconfigurationiswithinawhiskerofthesame.Maybethesofaisontheleftsideinsteadoftheright,ormaybethegalleyisinthefrontinsteadoftheback,butfundamentallytherearen’talotofdifferencespossibleinthatsortofaspace.WhereaswhenyougoonanygivenBBJ,itcanbemassivelydifferentfromoneairplanetothenext.Andourexperienceisthatthecustomersthatwantourproduct,wantthatinteriorthatreallyspeakstothem.Theyareasuniqueaseachoftheirindividualhomesare,andtheywantthatlevelofindividualityintheirairplane.
So you in fact are Captain Stephen Taylor, of course. You are second-generation Boeing and you grew up in this industry. Is it true you soloed a Piper Cub on your 16th birthday, and obtained a private pilot’s licence on your 17th; And that you learned to fly before you could drive a car?Alltrue.IbadgeredmyDadtoflyfromthetimeIcouldputwordstogether.WhenIwas14,myDadandIboughtthatPiperCubasabasketcase.Itcameonatrailerinamillionboxes,andwespenttwoyearsrestoringthatairplaneandthat’sthe
You are licensed as a pilot on all the current Boeing production airplanes and you have logged more than 5,000 flight hours. With all of this experience as a pilot, what kind of advantage does that give you running BBJ?Ithinkit’sveryhelpful,particularlywheninterfacingwithcustomers,becausethecustomersknowthatIunderstandtheairplane,allthewaythrough,fromthedesignelementsofittohowitwascertified,andhowitgetsoperated.TheyknowthatwhenItellthemsomethingabouttheperformanceoftheairplane,it’sdrawingfrommyactualexperienceofhavingdonethesethings.SowhenItellyouthatourairplanehasmorethan6,000milesofrange,it’sbecauseIhaveflowntheseairplanesmorethan6,000milesandIknowwhatittakestodothat.SoIthinkthatthatreallydoeshelpmycredibilityinconversationswithourcustomers.
Across the full BBJ line in 2012, 12 planes were delivered and 12 planes entered into service. Since the launch of the brand some 17 years ago, orders for 207 Boeing Business Jets have been placed, 185 have been delivered and 161 are in service. One BBJ was ordered in China in 2012, according to the company. - Editor
MARKETFOCUS:ASIA
YOUR BIZAV RESOURCE
28
New Dawn in Asian Business Aviation
Gulfstream G550
29
MARKETFOCUS:ASIA
The Chinese economic powerhouse continues to be a hotbed of activity with the rest of Asia
starting to catch the business aviation bug. SanjayRampal investigates if it is a matter of time before the new Asian tiger economies get a touch of large-cabin jet fever.
“It really is growing, as business-aviation-inspired trade from the US and Europe is encouraging some local entrepreneurs to fly out and invest for themselves”
30
MARKETFOCUS:ASIA
YOUR BIZAV RESOURCE
The “Next” ChinaNodoubtChinaisthrivingandconsultantDavidTangofMinshengFinancialLeasingbelievesinthepotencyofthemainlandeconomyforsustainingitself.“Chineselabourcostsarerisingtomakeexportsveryexpensive,somanyforeigninvestorsareshiftingtocheaperlocationssuchasVietnamandIndonesia.ButChinaisatthenextlevelandinvestingintoEurope,Africa andelsewhere.”
“The provinces of China are growing by 20% and churning out billionaires at a rate that Indonesia could never match”
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Leader of the PackChinaremainstopdrawwithOEMssuchasBombardier,GulfstreamandDassaultlayingthegroundworkforamainlandpresence.TangofMinshengFinancialbelievesthatthegovernment-ledfive-yearplanswillbenefitbusinessaviation.“Thisyearwillseetheopeningoflower-altitudeairspaceandthegovernmentfundingthefirstdedicatedprivateairportinBeijing,”hesaid.
Poles Apart but Kindred Spirits?SouthKorea,Asia’ssiliconvalley,iscausingmuchofastirwithitshighlevelofbusinessjettraffic.Remarkingonhisexperience,Näfventured“Koreansareveryvalueconsciousandsavvyenoughnottouselarge-cabinjetsifamid-sizeaircraftissufficientfortheirmostlydomestictravelneeds.” IndustrialJapanisstillcountingthecostsofthe2011earthquakeandtsunamialthoughaccordingtoBombardier’smarketforecastitremainslargelyunderdevelopedonthebusinessaviationfront.Barrierstoentryincludehighhandlingcostsandstringentgovernmentregulations.
The Asian DreamBusinessaviationisflourishingacrossAsiabut,aswithmostemergingmarkets,acceptancewilltaketime.Bizjetscomewithsuccess,asentimentechoedbyMoore.“Ifacountry’sGDPisrisingthenexpectjetstobeonthetarmac,”hesaid.“Itwillnothappenovernight,asthesecountriesarecreatingbusinessopportunitiesforthemselves.”
BUSINESS AVIATION ON FULL DISPLAY IN SHANGHAI —MAKE PLANS TO
BE THERE
� MORE THAN 150 EXHIBITORS � OVER 6,500 ATTENDEES
� OVER 30 AIRCRAFT ON STATIC DISPLAY
� REPRESENTATION BY ALL MAJOR AIRCRAFT MANUFACTURERS
� EDUCATION SESSIONS FOCUSING ON SAFETY AND OWNING,
OPERATING AND MAINTAINING BUSINESS AIRCRAFT
� PARTICIPATION BY HIGH-LEVEL GOVERNMENT OFFICIALS FROM FROM CHINA AND THE U.S.
Shanghai Hongqiao International Airport atShanghai Hawker Pacific Business Aviation Service Centre
In Partnership With Shanghai Airport Authority (SAA) and Co-hosted by NBAA, the Asian Business Aviation Association (AsBAA) and the Shanghai Exhibition Centre (SEC)
WWW.ABACE.AERO
China: An Economic Powerhouse, A Manufacturing Wonderland
China’s business aircraft deliveries have risen dramatically over the last decade,
with growth being fuelled by an array of factors, including the increasing number of high-net-worth individuals, a healthy economy
and corporate sector, fast-improving infrastructure and more favourable regulations. Where is this market headed? CielJolley reports.
Business is brisk for the world’s aircraft completions specialists. Notably, work
on large airliners destined for private and governmental clients is filling the hangars of the large completion centres, particularly with an increasing flow of Boeing 747-8s from the
Seattle production line. Some important new technologies are now appearing which will significantly improve the utility of business aircraft and bring new levels of comfort and passenger facilities, as RodSimpson reports.
/Aircraft ManagementMaintenanceSales and AcquisitionsAir Charter Broker
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Due DiligenceTheglobalcreditcrunchstifledlending,andfinanciers todayarealotmorediscerningastothetypeofborrowerstheywishtoattract.Thewillingnesstolendisreflectedbythedegreeofcompetitionandcapacityinthemarket. Takingaholisticview,MichaelRentsch,GlobalHeadofAviationFinanceatCreditSuisse,stated:“Themarketisstableandisinlinewithanaircraftindustryexhibitingaflatsidewaystrend.”
Charter ChallengesThepursestringsmaybelooseningbutcharteroperatorsarefindingitdifficulttogetcreditandmostremaintight-lippedabouttheirfundingarrangements.
Competition in Emerging MarketsTheinternationalbanksarefacingstiffercompetitionfromemergingmarkets.“Thelast18monthshaveseengreaterinterestfromexperiencedChineseinstitutionsasfinancingpartnerssuchasICBCleasingandMinshengFinancialLeasing,”Melochesaid.“Thisdemonstratesthegrowingimportanceofforeigncapitalinjets.”
come with big comfortable cabins and broadly similar performance
Long-Range Business Jets
Bombardier Global 6000
FCREVIEW:AIRCRAFT
49
Although the business jet industry has suffered during the recent years of world economic crisis, it has not
all been bad news. The manufacturers of large, long-range jets have been delivering a respectable stream of aircraft to buyers around the world with nearly 250 new deliveries each year from 2009 to 2011. While business
has been suffering in local markets, with limited demand for small- and medium-sized aircraft, increasing globalisation has stimulated pressure for long-distance travel, and long-range jets are proving to be essential tools for the international business community. RodSimpson reports.
Range MattersWithinthisclassofaircraftthereare13modelsincurrentproduction,withsomevariations,manufacturedbyBombardier,Dassault,EmbraerandGulfstream.Additionally,thereareearlierversionsoftheseaircraftavailableintheusedaircraftmarket.AtthetopofthisclassistherecentlycertificatedGulfstreamG650whichisthemostexpensivebutwiththelongestrange(at7,000nmi),thelargestcabinandthehighestspeed.ItsclosecompetitoristheBombardierGlobal6000whichisverysimilarinsizebuthas1,000nmilessrange.However,thisisduetobejoinedin2018bytheGlobal8000whichwillraisetherangestakesevenhigheratnearly8,000nmi,sufficienttoflyfromMexicoCitytoDubai.BombardierisalsodevelopingtheGlobal7000whichwillhavea7,300nmirangebutasubstantiallylongercabingivingenoughspaceforanadditionalseatingzone.
The iPad has totally changed the way we work and communicate and provides a new platform for business applications and information sharing. FlyCorporate looks at some of the latest apps designed for the bizav market.
FCREVIEW:BIZAPPS
Although Hong Kong is a special administrative area of the Republic of China, the city-state is not representative of the general standard of Chinese bizav. For the
last decade, China has been somewhat of a background character in the business aviation game, but with the general optimism regarding the future of this market, slowly but steadily, China is rising, and as South Asia’s principal business aviation hub, Hong Kong performs an important role. That importance grew with the opening of the third hangar of the Hong Kong Business Aviation Centre (HKBAC) in May 2012 at Chek Lap Kok, Hong Kong’s International airport, boosting its present-day hangar capacity by 55%. In addition, in 2011 the HKBAC recorded a 24% increase on aircraft handling compared to 2010. With 4,000sq m of hangar floor area, the third hangar can accommodate six to eight aircraft, increasing the total HKBAC capacity to 18. Earlier in 2012 the HKBAC proudly commented on their steady progress: “We are well-positioned to contribute to the development of the business aviation industry both here in Hong Kong and in Asia while reinforcing our position as a premier gateway for entrepreneurs and executives doing business in China.”
Landings:
Hong Kong
FC’s trip planning tool for executives
55
FCREVIEW:LANDINGS
China is rising, and as South Asia’s principal
business aviation hub, Hong Kong performs an important role
hong Kong BuSineSS aviation Centre HKBACisAsia’spremierexecutiveaviationsupportfacilityforbusinessaircraft.Openedin1998,HKBAChasbeenvotedsecondintheleagueofBestInternationalFBO’sforthemarketsoutsideoftheAmericasforfiveyearsinarowbyAviationInternationalNews.ProfessionalPilotMagazinehas,yetagain,namedHKBACthebestFBOinAsia.
CheK Lap KoK hong Kong internationaL airport Locatedinthecentreoftheregionandoperatingaroundtheclock,HongKongInternationalAirportisthemostconvenientarrivalanddeparturepointfordestinationsinmainlandChina,Asiaandbeyond.Lastyear,over53.9millionpassengersusedHKIAandsome3.9milliontonnesofaircargopassedthroughHongKong.Itfeaturestwoterminalsandtworunways,andfurtherexpansionplansareinplay.ApublicopinionsurveyconcerningthefutureofHKIArevealedthatover70%oftherespondentsapprovedtheexpansionoftheairport’srunwaystothree.InMarch2012,afterasubmissionforplanningpurposes,theHongKongGovernmentgaveHKIAthegreenlight.
Shun taK heLiportLocatedattheHongKong-MacauFerryTerminal,theShunTakHeliporthastwohelipads,providingtransportationevery30minutesbetweenHongKong,MacauandShenzhen.Withafulloperationalfleetofnewgenerationmedium-twinengineAgustaWestlandAW139helicopters,themaintransportproviderattheShunTakHeliport,SkyShuttle,offersafullheliportservice,includingaccesstothenewSkyShuttleHeliportLoungeinHongKong.
the peninSuLa hong Kongpeninsula.com/hongkongThestaroftheshowisthePeninsula,whichhasoftenbeenvotedtheworld’sbesthotel,bypublicationssuchasNationalGeographic’sTravelermagazine.The300roomsarespaciousandtastefullydecoratedintraditionalChinesestylewithamoderntwist.Thehotelalsoboastsoneofonlytwoprivaterooftophelipadsintheterritory.LocatedinTsimShaTsui,itisideallyplacedforthemajorbusinessdistricts.
Four SeaSonSfourseasons.com/hongkongOverlookingVictoriaHarbourandthefinancialdistrict,the380-roomFourSeasonsformspartoftheprestigiousInternationalFinanceCentre.ItisideallysituatedforHongKongStationandthefamousStarFerry.
FeLix reStaurant and Barpeninsula.com/hongkongThisPhilippeStarck-designedrestaurantishousedonthe28thfloorofThePeninsulaandhasitsownseparatelift.Thetruegourmetcanoptforthe“FelixExperience,”asix-courseextravaganzaofcontemporarycuisine,featuringdishesrangingfromduckeggstolobster.
the oLd peaK CaFethepeaklookout.com.hkTheOldPeakCafehasbeenclassifiedahistoricbuilding.UndoubtedlyamongthemostcharmingofallHongKong’srestaurants,itsbeautifulgardenoffersspectacularviews.CombineitwithatriponthePeakTramforatrulymemorableexperience.
You could eat out for every meal for ten
years in Hong Kong and still not repeat a restaurant
aqua Spiritaqua.com.hk/#/eng/globalOneofCondeNastTravelers’top100newrestaurants,althoughthegorgeousstaffseemtobeasmuchtheattractionasthefoodanddrinks.SituatedontheedgeofSoho,regularsarecreativemediatypesandmoneyedbankers.
MeS aMiSmesamis.com.hk/mesamis/menus/venues/wan-chaiHongKong’sWanchaidistrictisfamoustheworldoverforitsupbeatnightlife.ForalivelysampleofthebestHongKonghastooffer,MesAmisWanchaiisperfectlylocatedonthecornerofLockhartandLuardroads.Nottobemissed.
Hong Kong’s Wanchai district is famous the world over for its upbeat nightlife
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