January 21, 2022  ·  Peter Antonenko

The benefits of a global business structure

As an established aircraft transaction specialist, Jetcraft has a long history of finding creative solutions during times of turbulence and COVID-19 has proved no different. A key part of our success has been a deliberate decision to develop a global business structure, to ensure Jetcraft can withstand world events and continue to serve our customers.

Jetcraft is now located in more than 20 countries worldwide and our team are experts at dealing with regional aviation requirements and regulations. This ‘boots on the ground’ structure has enabled us to source and move business aircraft our clients would otherwise not have access to during the pandemic.

Forming a global structure

Jetcraft began as a predominantly North American-based organization. When Jahid Fazal-Karim, Owner and Chairman of the Board at Jetcraft, joined the company he brought a global perspective with him, guiding Jetcraft’s direction and growth strategies, and determining where staff should be located.

Since that time, we have transitioned to an expanding international corporation with the introduction of operations in Russia, Dubai, Switzerland, Asia, Turkey, Australia, Africa and the UK.

How our clients benefit

Our global structure has given us a significant advantage to facilitate transactions over the last two years. With international travel restricted, we leveraged our local teams on the ground. This enabled us to provide up-to-the-minute insight into regional markets and meant our teams could always assess each business jet in person, understand its technical condition and plan its movement.

As a result of our global presence, in 2020 we were able to close a transaction of a Dassault Falcon 900LX in only 14 days and we arranged the sale of a Dassault Falcon 7X during the height of the pandemic. Having experts on hand in the location made both these transactions possible and removed the need for our team to cross international borders.

Jetcraft’s structure has also meant it can capitalize on both high and low performing regions to weather global shocks. Right now, the United States makes up a sizeable portion of the global business aviation market and due to our international presence, we’re able to react to higher regional demand and move inventory between several countries.

By carefully building our global company and creating a strong foundation, we have been able to withstand the downturns. To find out more about how we can assist you, please contact your nearest Jetcraft sales representative to discuss your options.

Minneapolis, MN, US


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