Building on successful debut, Business Aviation Asia Forum & Expo (BAAFEx) set to expand alongside accelerating demand across Asia Pacific
SINGAPORE, 22 April 2026 – The Business Aviation Asia Forum & Expo (BAAFEx) will be returning for its second edition on 22–24 March 2027 as business aviation in Asia Pacific enters a new phase of growth.
The second edition of BAAFEx is set to be bigger, with expanded participation across all show elements, including:
- Over 3,000 industry professionals and trade visitors expected
- More than 75 participating companies to be represented across exhibitions, sponsorships and the conference programme
- A curated conference programme addressing key industry topics, including sustainability, airport infrastructure and regulatory developments
- Static aircraft display, with further details to be announced in due course
Leck Chet Lam, Managing Director of Experia Events, says: “BAAFEx was launched to fill a clear gap in Asia Pacific’s business aviation landscape, and the response to the first edition exceeded expectations. With the region entering a new phase of growth, the 2027 edition will be larger in scale, reflecting the momentum of the market and the increasing importance of bringing the industry together.”
A Region on the Rise
The fleet of business jets in Asia-Pacific grew 1.5% last year to 1,168 aircraft, up from 1,151 in 2024, according to Asian Sky Group data. Growth was led by India, which recorded the largest net addition in the region with 20 aircraft, representing 11.9% growth. Vietnam also emerged as a fast-growing market, with its fleet expanding by 66.7% year-on-year, underscoring rising demand in emerging Southeast Asian markets. Southeast Asia remains the second-largest market in the region, with a fleet of 280 aircraft, behind only Greater China.
Despite being a fast-growing region for business jets, Asia Pacific holds just 7% of the global business jet fleet. This shows there is still enormous potential for further growth in the fleet. North America remains the largest market by far, accounting for more than 70% of the fleet
Relatively high GDP growth, as compared to Europe and North America, underpin the increase in Asia Pacific’s business jet fleet. The Asian Development Bank forecasts that Asia’s GDP will grow 4.6% this year. Goldman Sachs, meanwhile, forecasts that GDP growth in the US and Europe will be 2.8% and 1.3% respectively this year.
Besides the economic activity, another key factor driving the growth of business aviation in Asia Pacific is rising wealth and an increase in the number of new high-net-worth individuals residing in Asia Pacific.
According to Knight Frank’s 2025 Wealth Report, Asia Pacific is on track to account for nearly half (47.5%) of all new high-net-worth individuals (HNWIs) globally between 2024 and 2028.
The population of HNWIs in Asia grew 5% in 2024 and is accelerating. Knight Frank forecasts that the annual growth in Asia’s HNWI population will increase to 8.7% by 2028.
Knight Frank says Singapore alone is home to 9,674 individuals with assets of US$10 million or more – a concentration of wealth that reinforces the city-state’s status as a premier business and financial hub, underpinning rising demand for business aviation.
This expanding pool of affluent individuals and entrepreneurs, combined with increasing cross-border business activity, is driving a new generation of first-time business aviation users across the region. Demand is also shifting towards ultra-long-range, large-cabin aircraft capable of connecting Asia directly to Europe and North America.
Singapore: APAC’s Aviation Hub
Against this backdrop, Singapore serves as the region’s premier hub for the business aviation industry. Sitting at the heart of Asia’s aerospace ecosystem, Singapore is home to over 130 aerospace companies spanning the sector’s full value chain and supported by a 22,000-strong workforce.
According to Singapore’s Economic Development Board (EDB), the city-state’s aerospace output exceeded S$18 billion (US$14 billion) in 2024, with 19% year-on-year growth, and the country accounts for approximately 10% of global MRO output and close to 20% of global engine MRO output. This deep industrial base, encompassing aircraft management companies, charter operators, MRO facilities, avionics providers, and regulatory bodies, makes Singapore a natural convening point for the sector.
Building on a Strong Foundation
BAAFEx debuted in March 2025, drawing more than 2,000 visitors and over 50 participating companies from across the global business aviation ecosystem, including manufacturers, operators, MRO providers, regulators and service providers. The inaugural conference featured 46 speakers across 12 sessions, covering Southeast Asia’s emergence as a growth hub, sustainability, regulatory harmonisation, and developments in China’s business aviation market.
BAAFEx forms part of Singapore’s broader aviation ecosystem, alongside established global platforms such as the Singapore Airshow, reinforcing the country’s role as a trusted hub for the global aviation community and supporting long-term industry growth across Asia Pacific.
Participation and Sponsorship:
For more information about participation or sponsorship opportunities at BAAFEx 2027, please contact Experia Events at +65 6595 6122 and theresagan@experiaevents.com.
About Experia Events Pte Ltd
Specialist in conceptualising, creating and curating trade events of strategic interest that spur industry development, Experia brings together captains of industries from all over the world to inspire ideas and influence decisions that move the needle in strategic issues for global, national and societal needs and progress. With its genesis in the Singapore Airshow, one of the most influential airshows globally, Experia’s portfolio of events has expanded to span aerospace, defence, government, lifestyle and space sectors today. Experia is certified with the Data Protection Trustmark issued by the Infocomm Media Development Authority of Singapore, ISO27001 Information Security Management System and the MICE Sustainability Certification. For more information, visit http://www.experiaevents.com
