Development and Market of General Aviation in Globe and China 2015-2020
LONDON, Oct. 26, 2016 /PRNewswire/ -- General aviation (GA) is all civil aviation operations other than scheduled air services and non-scheduled air transport operations for remuneration or hire. General aviation covers a large range of activities, both commercial and non-commercial, including flying clubs, flight training, agricultural aviation, light aircraft manufacturing and maintenance
By the end of 2014, China has 246 enterprises that were authorized general purpose aviation license. The aviation industry had completed 591,000 flight hours in 2013, 14.3% YOY increase. It's estimated that, the aviation industry will complete 700,000 flight hours in 2014. China's general aviation industry is gradually entering developmental stage from preparing stage. 2014 and 2015 will become the important period of the fast development of China's general aviation industry. Process of reform in low-altitude airspace deregulation will speed up, more and more related policies will be issued, and general aviation industry will become a strategic emerging industry which fueling economic growth and realizing industrial upgrade.
Base on the prediction from Civil Aviation Administration of China (CACC), the number of general aviation aircrafts will meet 10,000 in 2020, and industry compound growth rate will reach 30%; the market size will hit RMB150 billion. Moreover, market size for upstream industry and downstream industry is estimated to reach more than RMB1000 billion, calculated by the input-output ratio of 1:10.
It's estimated that the numbers of fixed-wing aircraft, helicopter and other general aviation will be up to 7500, 2000 and 500 respectively in 2020; while the flight time of general aviation in China will reach 1.75 million hours.
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