Singapore Airshow 2026: Private jets fly to Singapore Airshow; Demand for private jets increased by 35%
- Asia’s largest airshow in Singapore
- A race to attract super-rich buyers
- Increased strength of the jet industry
Singapore Airshow 2026: Singapore (Singapore) Airshow, Asia’s largest aviation and defense trade fair, clearly demonstrated the growing strength of the private jet industry. Aircraft manufacturers are now gearing up to serve ultra-wealthy private customers and large corporates rather than commercial airlines. As part of this strategy, Gulfstream launched its flagship business jet, the G700, priced at around Rs 620-660 crore.
Long queues were formed to see these private jets parked at the Airashi complex, apart from passenger and military aircraft. Transactions with potential customers continue inside the aircraft. Light from the plane’s panoramic windows falls on the light-colored leather seats and polished wood. The cabin has a separate living area. A grand suite with TV console and rear shower is available. This design represents not just luxury, but a strategic shift in the industry.
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Now the demand for commercial aircraft is increasing. Scott Neal, Gulfstream’s head of global sales, said there is a significant shift in demand for aircraft from large companies and high-net-worth individuals. They need to facilitate travel to more places. The most efficient way to do this is with commercial aircraft. From Bombardier to Dassault, all companies are facing each other.
Reducing passenger fatigue has become a major focus for private jet manufacturers today. The companies claim to have improved cabin air pressure, reduced noise and redesigned the interior to make long flights more comfortable. Its improvements and time-saving features are attracting today’s affluent customers to private jets. Over 70% increase in super rich in five years.
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According to aviation intelligence firm WingX, the number of private jet flights globally is forecast to reach 3.7 million in 2025, up 5% from 2024 and 35% more than before the pandemic. Between 2020 and 2025, the number of ultra-high-net-worth individuals in the world is expected to increase by more than 70%.
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