News

CoinPayments Inc, a pioneer in digital payments since 2013 and partner of the Stake Sauber Formula 1 Team for the 2025 season, has today announced a groundbreaking partnership with Jetcraft, the global leader in business aircraft sales, acquisitions, and trades. Through the blockchain-based collaboration, Jetcraft clients will benefit from streamlined transactions, faster escrow processes, and enhanced purchasing experiences.

Aiming to bring private aviation into the modern digital era, the partnership addresses growing demand from high-net-worth individuals (HNWI) and corporations seeking to use their digital asset holdings for premium aviation services. By integrating CoinPayments’ secure payment infrastructure with Jetcraft’s aviation services, clients will enjoy unprecedented payment flexibility, reduced transaction times, and enhanced privacy.

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Jetcraft, is today announcing the appointment of Philip Baer as a Sales Director in the United States. 

Based in Dallas, Baer will lead sales across the South Central territory, including Arkansas, Arizona, Louisiana, New Mexico, Oklahoma, and Texas. His appointment further boosts Jetcraft’s US market presence, bringing extensive local expertise to Jetcraft’s expanded Americas sales team. 

Prior to joining Jetcraft, Baer spent two decades with NetJets and NetJets Europe, leading a team responsible for half the company’s billion-dollar revenue.  

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Jetcraft is announcing the promotion of Jennifer Jewett from Controller to Senior Vice President (SVP) of Finance, underscoring the company’s commitment to financial excellence and growth in the industry.

In her new role, Jewett will manage Jetcraft’s financial planning, reporting and risk management, ensuring the company remains commercially strong in a changing business environment. She will also lead the implementation of new financial and HR systems while mentoring the next generation of aviation finance professionals, with a focus on supporting women in the field.

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Jetcraft delivers a five-year forecast of 11,202 pre-owned aircraft sales, totaling $73.9B in revenue 

A new generation is recognizing aircraft ownership as an essential business and travel tool, according to Ever Forward: The Pre-Owned Business Aviation Report . 

The report shows the share of Jetcraft buyers under 45 has nearly doubled in the last decade to a record 29% in 2024. Younger high-net-worth-individuals also lead pre-owned aircraft sales in emerging markets in the Middle East and Africa, fueling long-term industry growth. 

Jahid Fazal-Karim, Owner and Chairman of the Board, Jetcraft, says: “It’s no longer rare to see Millennials or even Gen Z becoming ‘new tech’ billionaires, selling companies in their 20s or inheriting family investments younger as part of the ‘Great Wealth Transfer.’ 

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Jetcraft was once again honored to receive the prestigious Best Aircraft Broker award at the Asian Business Aviation Association (AsBAA) Icons of Aviation Awards, held on Saturday November 9^th at Studio City in Macau.

This remarkable achievement marks Jetcraft Asia’s seventh consecutive win, reflecting its enduring commitment to excellence in business aviation.

Commenting on behalf of Jetcraft Asia, Executive Chairman David Dixon expressed his gratitude: “The Icons of Aviation Awards is a fantastic evening and a wonderful place to connect with our industry partners and friends across Asia. It is always an honor to be recognized by our industry associates and partners but especially so when this is the seventh year in succession.

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Jetcraft, is today announcing the appointment of Anna Gulbas as Sales Director, marking the final piece of its newly-structured EMEA sales team.

Gulbas will oversee the Italian, Scandinavian, Eastern European, and Baltic regions, bringing a wealth of industry knowledge and regional expertise to Jetcraft’s European clients. Prior to joining Jetcraft, Gulbas worked with leading European business aviation companies, developing a strong reputation for delivering tailored solutions to clients and driving growth in her regions.

Pascal Bachmann, SVP Sales, EMEA, says: “Europe continues to be critical for Jetcraft, with sustained demand for business aviation. Anna’s deep understanding of the market, combined with her dedication to exceptional client service reinforces our commitment to meeting the needs of this region. We’re confident our customers across Europe will benefit from enhanced insights and Jetcraft’s world-class service as we continue to expand our presence.”

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Jetcraft, is announcing the appointment of Chris Hollingsworth and Sean O’Leary as Regional Vice Presidents (RVPs) to spearhead its operations across the United States.

As two of Jetcraft’s top Sales Directors, Hollingsworth and O’Leary’s promotions recognize their excellence in structuring some of business aviation’s most complex, cross-border transactions, with the new strategic leadership positions enhancing the company’s offer of unparalleled service, complemented by on-the-ground market intelligence.

Dan Kilkeary, SVP Sales, Americas at Jetcraft, says: “Following years of confident organic and inorganic business expansion, these appointments are another piece in the intricate global Jetcraft puzzle, strategically designed to deliver excellence for our clients.

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Jetcraft Commercial, has named Fiona O’Malley as Vice President, Fleet Acquisitions. The appointment further reinforces the company’s industry-leading expertise, with O’Malley bringing more than 25 years’ experience in operations, leasing, sales and marketing to the role.

Raphael Haddad, President, Jetcraft Commercial, says: “Fiona is a powerhouse in the world of commercial aviation, with a career that spans the world’s largest lessors, and access to a global customer network.

“At Jetcraft Commercial, we have a proven record of carrying out large, strategic fleet acquisitions and turning these into global aircraft placements to fuel aviation opportunities. Fiona’s appointment enriches our approach and we’re confident she will be an asset to our team.”

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Jetcraft’s 10^th edition predicts 10,307 transactions totaling $70.7B in revenue

Business aircraft are spending less time for sale than ever before, according to the latest edition of the Pre-Owned Business Jet Market Forecast by Jetcraft.

The report shows that in 2022-2023, aircraft spent an average of 129 days on the market compared to 233 days in 2018-2019, driven by unprecedented post-pandemic demand. Furthermore, the data affirms that the industry is in a much-needed market correction period, with a dip in both volume and value in 2023. However, ongoing transaction volumes are similar to 2019 levels, while values remain higher than the pre-pandemic peak, with an expected 59% increase in total transaction value between 2019 and 2028.

Chad Anderson, Chief Executive Officer, Jetcraft says: “For the first time, we’re including an analysis of market dynamics in the Pre-Owned Business Jet Market Forecast. As our data shows, since 2022 the number of days an aircraft spends on the market has decreased by almost half – due to borders opening and international travel resuming, along with buyers making faster, more emotional purchase decisions due to increased demand. We expect transaction rates will settle at this new level, even with more inventory available, culminating in a total forecast revenue of $15.6B annually by 2028.”

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