News

Jetcraft is landing at Nice Airport’s FBO this month. Following months of high demand tempered by travel restrictions, the company is bringing its sale, acquisition and trade opportunities directly to those holidaying on the Côte d’Azur, via a kiosk in the private terminal.

The airport is a popular choice for private jet companies – charter operators such as VistaJet already have a presence there, with offerings such as a ‘Jet-to-Yacht’ package. Nice Airport typically has the second-highest level of business aviation traffic in Europe, with analysts expecting a leap in activity as intra-European travel restrictions are lifted, as seen in the UK in the past few days. The latest data from WingX shows Europe is now leading the recovery in bizav activity worldwide.

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Jetcraft is teaming up with the leading independent provider of maintenance support programs, Jet Support Services, Inc. (JSSI), to offer customers worldwide a unique, post-purchase unscheduled maintenance program for virtually all business jet makes and models.

The six-month post-purchase program will cover engines, airframe and APU after closing on all in-service aircraft acquired through Jetcraft.

Chad Anderson, president at Jetcraft, says: “What we are offering is peace of mind for aircraft buyers. Owners can feel confident in their new aircraft because, with this program, we are standing by the quality of the products in our inventory. Sellers who list with Jetcraft will also have an additional feature, which cannot be offered by any other dealer, to use in the marketing of their aircraft.

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Jetcraft, the global leader in business jet sales and acquisitions, is reporting strong activity at the beginning of 2020 as owners seek faster upgrades to new or longer-range models.

This activity can be attributed to the start of the Bombardier Global 7500 resale market, increased trade-in transactions to the company’s owned and listed inventory, and the ability to capitalize on both high and low performing regions through Jetcraft’s global reach.

Chad Anderson, President at Jetcraft, says: “The speed with which buyers are upgrading is unprecedented, with average ownership cycles now taking 4-5 years, down from the previous 7-10 years.”

Anderson cites the start of the Bombardier Global 7500 resale market as a key source of activity.  “The Global 7500 resale market has begun and energy around the product is building.  We sold one of the world’s first pre-owned 7500 jets at the end of 2019 and closed a second one this past February. We have other 7500 options coming soon, and the more units Bombardier delivers, the more acceptance this flagship seems to receive.”

As one of few companies with the ability to take in aircraft trades, Jetcraft is seeing a surge in trade-in activity right now.

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We want to thank all of our customers and partners for your continued support in 2019. From all of us at Jetcraft, Happy Holidays and all the best for 2020.

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Jetcraft Asia has been named as the Best Aircraft Sales Broker for the 5^th year running by the Asian Business Aviation Association (AsBAA). The awards, which are voted on by industry peers, were presented at the Icons of Aviation charity gala on the 2^nd November.

David Dixon, President of Jetcraft Asia, says: “It’s humbling to receive this award for the fifth time, and I’m incredibly proud of our team in Asia, whose hard work will ensure we can deliver the same level of service for the next five years. I must also thank the rest of the Jetcraft team worldwide for their support as well.”

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Jetcraft, the global leader in business jet sales and acquisitions, is announcing the addition of two new team members in North America, coinciding with its completion of the world’s first transaction of a pre-owned Gulfstream G500 aircraft.

The sale comes at a time of substantial growth in resources for the company worldwide, with a 25% expansion of the team over the past two years.

Chad Anderson, president at Jetcraft, says: “Jetcraft’s growth puts us in a strong position to facilitate pioneering transactions in the long-range aircraft market, which, with an influx of new models, is entering a dynamic period – as evidenced by our recent milestone transaction.

“The definition of ‘pre-owned’ is changing – it no longer means ‘old’ in private jet sales. With innovation among manufacturers focused heavily on large-cabin aircraft, some buyers are choosing to sell after just one or two years of ownership, to upgrade to an even newer model. For example, the G500 ...

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As summer draws to a close and with Q4 on the horizon, it’s the perfect opportunity to reflect and celebrate our recent achievements as we look ahead to what the rest of 2019 has in store.

Jetcraft has been experiencing a period of accelerated growth and, in the past two years, we have expanded our team by more than 25%.

We announced the opening of our London headquarters in early 2018 and doubled our employees in Europe; crucial for serving the world’s second-largest business aviation market. It’s good news for our customers too, who use London as both a cultural and financial hub.

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We are honoured to announce that Jetcraft has facilitated the first-ever pre-owned transaction for the prestigious Gulfstream G500 aircraft.

Thank you to our loyal clients and partners for trusting us with over 100 Gulfstream transactions over the past 10 years, and for allowing us the opportunity to make history with the G500 model.

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This article first appeared in Corporate Jet Investor‘s CJIQ Issue 3. Their posting of the article can be viewed here. An excerpt from the article is posted below.

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