News

It is with a great deal of gratitude to our partners, clients and friends that we announce, for the first time in our history, the completion of more than 100 transactions in one year.

There are no shortcuts to success. For more than 55 years, you have gifted us your loyalty, trust and support. In return, we’ve been able to extend the Jetcraft family to over 20 locations across the globe. And whether we’re in Hong Kong, New York or London, the warm welcome we’ve received has helped us to become a global company without losing that essential, local feel.

This is due to the helping hands and open minds of each person we’ve encountered who has become a part of our network. We started as a small company and we still have that mentality. Each individual makes up an integral part of this milestone, and it is to you that we are indebted.

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At the AsBAA Icons of Aviation Awards Charity Gala Dinner on November 10, 2018, Jetcraft Asia was awarded the Best Aircraft Sales Broker 2018 for an unprecedented fourth year in a row. Presented by the Asian Business Aviation Association (AsBAA), the annual awards are voted on by industry members.

"We would like to thank our industry peers and all members of AsBAA for their vote of confidence in Jetcraft for the past four years and beyond," said Jetcraft Asia President, David Dixon. "We will continue to work hard to meet and exceed your expectations and to stay focused on our core strengths – delivering the best in the business of aircraft sales, acquisitions and trading. I am personally humbled and honored by your support."

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Next 10 years predicted to outpace previous
decade on both units and revenues.

Jetcraft, the global leader in business aircraft sales and acquisitions, is today releasing its fourth annual 10-year business aviation market forecast.

The annual market forecast reaffirms that steady growth in the private jet industry is set to continue, with predictions of 8,736 unit deliveries over the next 10 years, representing $271bn in revenues (based on 2018 pricing). North America will once again take the lead, accounting for 60% (5,241) of predicted new unit deliveries over the forecast period, with Europe expecting 18% (1,572), and Asia-Pacific 13% (1,136).

Jahid Fazal-Karim, Owner and Chairman of the Board at Jetcraft, says: “2018 has been a real turning point for business aviation, as we have now successfully navigated through our industry’s most difficult period. This year’s forecast predicts the continuation of our current business cycle of steady and healthy growth, driven by an increase in wealth creation and the demand for larger and more expensive aircraft.”

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Business aviation in Africa is a diverse and evolving market, and this year’s Africa Aerospace & Defence (AAD) exhibition is the ideal place to demonstrate its potential.

Nobody understands this better than Danie Joubert, Africa’s Vice President of Sales for Jetcraft. After two decades spent traveling the continent, Joubert’s market expertise is unsurpassed. Joubert embodies the local feel in a global network that makes up the company’s philosophy.

“Just one year since setting up a dedicated resource in South Africa, Jetcraft has brought global connectivity to the continent,” he says. “One example is how African aircraft sellers now have options on their doorstep, rather than needing to contact US or European brokers.”

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On 20 February 2018, Jetcraft Chairman Jahid Fazal-Karim spoke with Francine Lacqua on Bloomberg Surveillance. Below is a transcript of the interview.

Host intro:

Have you ever fancied owning your own private jet? Now might be the time to buy with the global economy picking up. Broker Jetcraft says supply is back to pre-recession levels and the U.S. tax cuts are also set to benefit buyers worldwide. Joining us now is co-owner of Jetcraft. He is Jahid Fazal-Karim and his company is the worlds biggest international buyer and seller of business aircraft. Over the last 10 years it has facilitated more than 550 transactions worth $10 billion. It has also recently opened an office in London. Jahid, thank you so much for joining us.

Jahid: Thank you.

Host: So most, or 80%, of what you sell is second hand aircraft. What is the lifespan of alot of these aircraft?

Jahid: You can fly these airplanes for 20 years. So it really depends on what people want to do with their airplanes. ...

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January 29, 2018 (Raleigh, NC) – Jetcraft, the global leader in business aircraft sales and acquisitions, today announces the opening of its first London office through its new UK company, Jetcraft Global (UK) Limited.

The new London base cements Jetcraft’s commitment to the European region and demonstrates its confidence in the UK as a continuing hub of business opportunity.

Chad Anderson, President at Jetcraft, says: “The opening of our London office comes as Jetcraft celebrates another record year — with 93 transactions completed in 2017 – and rounds off a remarkable decade of more than 550 transactions exceeding $10bn in value. Our new London location creates even more ways for us to serve our clients and we are excited about the opportunities it presents.”

Jetcraft’s new office comes at a time of significant growth in resources for the company, with the appointment of four senior sales posts from within the team, including Sean O’Leary, who will take on the role of Sales Director based in the new London office. Additional promotions go to Pat Harvey, Sales Director, North Central United States and Canada; Chris Brenner, Senior Vice President of Sales, Americas; and Pascal Bachmann, Senior Vice President of Sales, EMEA.

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At the AsBAA Icons of Aviation Awards Charity Gala Dinner on November 10, Jetcraft Asia was bestowed the Best Aircraft Sales Broker award for 2017, making it an unbelievable three years in a row. Presented by the Asian Business Aviation Association (AsBAA), the annual awards are voted on by industry members.

“It is a great honor to receive the prestigious award from AsBAA with the recognition from members and our industry peers in the field of aircraft sales and acquisitions worldwide,” said Jetcraft Asia President, David Dixon. “We do not plan to rest on our laurels. We will continue to put our customers at the centre of everything we do and expand our worldwide coverage, which already has over 20 separate locations across the globe.   Thank you very much again for your confidence and continuous support.”

Header photo credit to Cherry Wong

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Jetcraft, the leader in business aircraft sales, marketing and ownership strategies, today announced a strategic partnership with Aerolineas Ejecutivas, further expanding the company’s presence in Latin America. Through this partnership, the aircraft sales division of Aerolineas Ejecutivas, based in Toluca, Mexico, will now operate as a Jetcraft authorized representative in Mexico, Central America, the Caribbean and the latin market in Florida and Texas.

“Our partnership with Aerolineas Ejecutivas further strengthens Jetcraft’s position in the market,” said Jetcraft President Chad Anderson. “The worldwide reach of Jetcraft combined with the local on-the-ground expertise of Aerolineas Ejecutivas allows us to offer increased value to our latin american clients looking to buy, sell or trade their aircraft.”

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Ten-year projection points to new business cycle, improved absorption rates of pre-owned aircraft and predicts the trend for widebody aircraft will continue

October 4, 2017 (Raleigh, NC) – Jetcraft, the leader in business aircraft sales, marketing and ownership strategies, today released its third annual 10-year business aviation market forecast. The global business aviation installed base of just more than 21,000 aircraft will surpass the 28,000 unit mark (net retirements) in 2026, growing 33% during the forecast period.

Jetcraft’s 2017 forecast calls for 8,349 unit deliveries representing $252 billion in revenues (based on 2017 pricing) to be realized by 2026. North America will again lead the way with 62% (5,176 units) marketshare of unit deliveries, followed by Europe with 17% and Asia with 12% (1,420 units and 1,002 units, respectively).

“Pinpointing the transition into a new business cycle is challenging,” said Jetcraft’s Chairman Jahid Fazal-Karim. “Our forecast indicates we are finally exiting the post-2008 recession period, entering several years of steadier, healthier growth and expanding revenues. This new business cycle should shape our industry for years to come.”

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