Sino Jet Expands with Charter Demand, Focus on Large Jets
Sino Jet, a leading business jet operator in Greater China, is experiencing growth in the charter market, driven by booming sectors like IT, healthcare, and manufacturing. The company is focused on large jets as the cornerstone of its expansion strategy. Vice chair Jenny Lau noted that despite recent economic challenges causing many business elites to sell their private jets, new players, especially from the IT and online gaming industries, have created strong demand for charter services and new aircraft purchases.
Sino Jet is adjusting to the market’s needs by upgrading its fleet. For example, the company recently replaced a Falcon 7X with a larger G550 to meet growing demand for more seats. This change reflects a wider trend, with many owners upgrading to newer, larger aircraft like the G700 and Global 7500.
Operating primarily under its Part 91 management certificate, Sino Jet owns a portion of its fleet and manages aircraft on various global registers, including the Cayman Islands and the US. The company has also expanded internationally with offices in Dubai, Singapore, Zurich, and North America. As part of its growth, Sino Jet plans to add more ultra-long-range jets to its fleet, focusing on aircraft like the Global 6500 and Gulfstream G700.
With an increasing preference for long-range aircraft, Sino Jet continues to cater to high-net-worth individuals seeking efficient global travel. The company remains optimistic about its expansion prospects, particularly in the US market despite geopolitical challenges.
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Sources: AirGuide Business airguide.info, bing.com, ch-aviation.com