50 SKY SHADES - World aviation news

AsBAA presents at fifth Xi'an CIGAC 2017 Summit Forum

Download: Printable PDF Date: 03 Sep 2017 10:54 categories:
Publisher:
AsBAA presents at fifth Xi'an CIGAC 2017 Summit Forum - Events / Festivals publisher
Krista Kuznecova
Country: China Aircraft: Airplanes

The 5th China International General Aviation Convention & Summit Forum was successfully held on August 24, 2017 in Xi’an, Shaanxi Province. Mr. Qiang Xiao’an, Vice-Mayor of Xi’an City, during his opening speech set the encourage “aviation corporations to take full advantage of this conference to enhance cooperation, mutual benefit, and seek common development”. Mr. Rocky Zhang, Chair of Mainland China Regional Committee of AsBAA, was invited to deliver a keynote speech on the development of Business Aviation in West China.

In front of over 600 attendees, Mr. Zhang shared data covering take-off and landing statistics and prospects of the Fixed Base Operators (FBOs) for Corporate and

Business Jets in East and West China. He indicated that corporations are encouraged to take part in the market for maintenance, repair and overhaul (MRO) of business and general aviation aircrafts in west china. He also presented a case study highlighting the business models of North American FBOs. He used cases from AsBAA member companies who have formed joint venture entities for the MRO, and interior refit of domestic BA/GA aircrafts, as well as the storage and transportation of aviation materials, to show the attendees of the opportunity within the industry. Through the case studies, Mr. Zhang advocated the sustainable development for business and general aviation in Western China and expressed the commitment of AsBBA to building a platform to facilitate the communication between the government and corporations.

According to Mr. Zhang, “70% of business jet charters are serviced to corporate executives and entrepreneurs. These statistics support the notion that business aircrafts are all about time saving, and if business people can conveniently travel to regional areas it can lead to potential investment and the creation of job opportunities for local economies. Additionally, short-distance business visiting and commuter services provided by mid-and-short range piston-engine and propeller-driven aircrafts is highly applicable to the vast territory of West China.”

Asian Business Aviation Association (AsBAA) is a non-profit association, representing approximately 140 entities based in Asia, including greater China and south-east Asia and around the world, with approximately 500 aircrafts within our membership base excluding OEM fleets.

Staff of CAIB (China Aviation Hi-tech Industrial Base, Xi’an Yanliang), the organizer of the summit forum said, “the presentation made by Mr. Zhang has generated high interest among the attendees, who have reached out to the conference organizer for his presentation materials and contact information”.

CIGAC (China International General Aviation Convention) co-hosted by the Government of Shaanxi Province, CCPIT, CAAC and AVIC is held every 2 years.  CIGAC 2017, the 5th year, attracted more than 600 professionals attending the summit forum from government, aviation authorities, industry professionals and universities. The forum encouraged in-depth discussion covering GA short-distance transportation, aviation hubs, emergency air-rescue operations, pilot zones of GA, air finance, drones and legislation for GA and GA airport construction.



Loading comments for AsBAA presents at fifth Xi'an CIGAC 2017 Summit Forum...


Recommended

Russian Helicopters lands first export order for Mi-171A2

Russian Helicopters has signed a contract with India’s Vectra Group to deliver a single Mil Mi-171A2 medium utility rotorcraft. This first export contract for the type was signed at Dubai Air Sh...

Jet Aviation holds groundbreaking ceremony for new wide-body hangar in Basel

Jet Aviation hosted an official groundbreaking for its new wide-body hangar project in Basel earlier this afternoon. The event also acknowledged the support of all the many contributors to the project...

Airbus A350-1000 receives EASA and FAA Type Certification

Aircraft on target to first customer delivery by year end Following an intensive flight test campaign performed in less than a year, the A350-1000 has received Type Certification from the European...

Boeing, Avolon Finalize Deal for 75 737 MAX Airplanes

Agreement includes firm orders for 55 MAX 8s, 20 MAX 10s and options for 20 MAX 8s Dublin-based lessor joins growing customer base of the 737 MAX 10, the newest member of Boeing's 737 MAX famil...