January 26, 2017
On 25 January 2017, Jetcraft Chairman Jahid Fazal-Karim spoke with Sally Bundock and Rachel Horne on BBC Business Live. Below is a transcript of the interview.
Now let’s get to the inside track on how the worlds top business leaders get a ride. We’re talking corporate jets and private planes. They can be the fastest way to get between back-to-back meetings in different countries.
The market is quite a tricky one as you can imagine. Jet inventory is rising as manufacturers churn out hundreds of these jets a year. And once it’s been bought, the value of a jet falls rapidly but aircraft broker Jetcraft says that the resale market is still strong with large ultra-long-range aircraft particularly popular among business jet buyers. These types of large cabin jets can link nearly any two points in the globe.
Now, let’s talk to a man that knows all about this, Jahid Fazal-Karim, who is the co-owner and Chairman of the Board at Jetcraft. Good morning and welcome to Business Live.
Jahid: Good morning.
Host: Now before we talk about your business and what it does right now, let’s talk about your story. You escaped civil war at a very young age, at the age of 8, in Madagascar. What happened next and where did you go?