To our Clients, Partners and Friends,
2025 will be remembered as a year of contrasts, with the industry experiencing growth, challenges and having its resilience tested.
Heading into the year, the market was in a period of stability, and confidence among buyers and sellers was returning. At Jetcraft, we were seeing this assurance reflected in our predictions of sustained growth through 2025, with a five-year forecast of 11,202 pre-owned aircraft transactions, bringing in $73.9 billion.
As the year progressed, the world saw the unexpected announcement of US tariffs, which slowed most markets globally, throughout the first quarter. These changes in US policy, and subsequent retaliatory tariffs, added a layer of complexity in transacting.
Knowing from experience that the industry rarely stands still, we have made use of our global network to navigate challenges posed by tariffs and wider geopolitical tensions, as difficulties in aircraft supply and availability began to slow the market, ensuring our clients can continue to trade.
Despite the uncertainty, we have seen strong demand in the Middle East and Southeast Asia, while in the US, the reintroduction of bonus depreciation has fueled a renewed confidence in the market as buyers are eager to take advantage of the benefits the program offers.
For me, this year was fundamental in demonstrating the strengths of Jetcraft and our adaptability. We were able to work across multiple jurisdictions and secure deals for clients through the support of our carefully curated global network. By offering this confidence to our clients we have continued to see an appetite for transactions globally, including in and around the US.
Looking ahead to 2026, the market should continue to stabilize as it acclimatizes to the new business environment. The US administration will have a year under its belt, which should bring further clarity on policies that have been impacting the industry.
Thank you, as always, for your continued trust in us. Our strategy remains focused on building relationships across the globe and ensuring we can offer you the strongest support and expertise.
Jahid Fazal-Karim
Owner and Chairman of the Board
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