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Industry Insights

October 2, 2020  ·  Peter Antonenko

Acquire an aircraft before the end of 2020

Acquire an aircraft before the end of 2020

An upsurge in demand for aircraft as we approach the year’s end isn’t unusual. But the dual influences of Covid-19 and the imminent US election have combined to make this year’s fourth quarter unlike any we’ve experienced before. The pace of business is set to skyrocket between now and year end – and with that comes the potential for closing delays beyond December 31.

Prepare now, purchase later

If you want to close in 2020, you need to start your purchase now as pre-purchase inspection slots are already filling up fast.

Many maintenance providers were forced to make changes during lockdown, resulting in modified or reduced staffing levels. Meanwhile, owners are taking advantage of the downtime to complete due or upcoming maintenance. These factors are creating capacity challenges, leaving fewer pre-buy slots and less time to close on an acquisition.

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News

October 1, 2020

Jetcraft partners with contemporary artist Richard Orlinski; unveils bespoke sculpture at Nice FBO

Jetcraft partners with contemporary artist Richard Orlinski; unveils bespoke sculpture at Nice FBO

Jetcraft is celebrating a new partnership with French sculptor Richard Orlinski with a bespoke installation at the company’s kiosk at the Nice business aviation terminal.

Richard Orlinski is a contemporary French pop artist who crafts colorful sculptures inspired by wild animals and is known for popular iconography such as skulls, King Kong and Superman. He has completed several customized collaborations including the trophy for the French Grand Prix, a watch for Hublot and exclusive designs for Lamborghini and Porsche. His collaboration with Jetcraft features his iconic King Kong sculpture holding aloft a Bombardier Global 7500.

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Aircraft Overviews

September 29, 2020

Cessna Citation CJ1 Overview (2000-2005)

Cessna Citation CJ1 Overview (2000-2005)

Product Overview

The Cessna CJ1 model is classified in the Light Jet category with six seats and an enclosed lavatory. The Citation CJ1 improved upon the original CitationJet with an updated EFIS avionics suite and an increased maximum takeoff weight. The CJ1 can be single-pilot operated.

As of June 2020, 88% of the Citation CJ1 aircraft were purchased pre-owned by their current owners, the other 12% new. 11.3% are for sale with more than half of those (64%) under an exclusive broker agreement. When for sale the average time on the market is 367 days.

Brief History

The original CitationJet (model 525) had its first flight in 1991 with FAA Certification in 1992 and then the first delivery in 1993. The Citation CJ1 was the second aircraft in the CitationJet/CJ series which replaced the original model CitationJet (CJ). It began production in 2000 and ended manufacturing in 2005. During that time, a total of 198 aircraft were produced with all but three currently in operation.

Worldwide Appeal

There are 195 Citation CJ1 business jets in operation today. The majority of these (182) are wholly owned with 13 in shared ownership. 6.2% are currently leased. North America has the largest percentage of wholly owned Citation CJ1 aircraft (62%), followed by Europe (17%) and South America (13%).

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Industry Insights

September 24, 2020  ·  Sean O'Leary

Answering the 10 most-asked questions from first-time buyers

Answering the 10 most-asked questions from first-time buyers

With more than 55 years’ experience helping our customers buy and sell their private jets, we regularly talk to new people who are taking the first step into aircraft ownership.

We have many resources on our website, including a Guide to Buying and Selling and a detailed article that walks you through the acquisition process.

The Covid-19 pandemic has brought safer travel into sharp relief in recent months and we’ve received an increasing number of inquiries from first-time buyers who are looking to business aviation as the route to safe, flexible and controlled travel. Here, we answer their most frequently asked questions.

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News

September 22, 2020

Jetcraft strengthens European team

Jetcraft strengthens European team

Jetcraft is bolstering  its European team with the appointment of Fabrice Roger (pictured right) and Massimo Burotti (pictured left) as Sales Directors for the region.

Roger, a French national  who has been with Jetcraft since 2013, is relocating from Miami, USA to Nice, France, and will cover France, Benelux, Southern Europe and Northern Africa, while Burotti joins Jetcraft from Bombardier as Sales Director for Italy, Switzerland, Austria, Germany and Hungary. He will be based at the company’s London, UK, headquarters.

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People of the Industry

September 17, 2020

Q&A with Mia Aboujdid

Q&A with Mia Aboujdid

Mia Aboujdid, Sales Manager
Location: Nice, France

How long have you been working with Jetcraft?

I have been working with Jetcraft since November 2019.

What are your responsibilities within the global Jetcraft team?

I work as a Sales Manager and have Sales Directors in the EMEA region that I support. I provide any materials that they need to send to a client or to help keep a deal moving forward. I live in Nice, France and have been spending most of my time these last few months at our stand in the Nice business aviation terminal.

Describe a typical day or week in your role.

Every day I wake up early and catch up on some emails or whatsapp from clients, prospects, and the Jetcraft team. I follow up on deals for my sales directors, make sure all their supportive documentation is accurate and updated such as Aircraft Valuations, Specifications, Market Summaries. My main focus is on prospecting and generating leads for my sales directors by setting up meetings or conference calls. I also set up internal objectives with my sales directors as to strengthen their long-term relationship with clients.

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Industry Insights

September 10, 2020  ·  David Dixon

Safe travels: why business jets offer the ultimate healthy cabin experience

Safe travels: why business jets offer the ultimate healthy cabin experience

It has started cautiously, and it’s still carefully controlled. But we’re confident: the business aviation industry will start to return to normal. Even if this winter sees a resurgence of the virus, we are better prepared.  Skies will be busier, borders will start reopening, and FBOs will see a stream of travelers passing through.

Undoubtedly, Covid-19 has changed our priorities. Travelers are rightfully demanding more control of their environment than before, prioritizing personal safety, hygiene and cleanliness. Here are three reasons why the nature of business jet cabin design, usage patterns, and upkeep, make this the healthiest way to fly.

A breath of fresh air

There has always been discussion around air quality when flying and, now more than ever, the perceived risk of spreading airborne viruses in the cabin has brought the use of High Efficiency Particulate Air (HEPA) filters to the fore. This system uses 50/50 fresh air from outside the cabin and recirculated air, which passes through filters. For those aircraft types that don’t have a 100% fresh air system, entirely replenishing the air every few minutes (as found in all Gulfstream models), HEPA filters are the main form of purification.

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Industry Insights

September 8, 2020

Guide to Aircraft OEM Cabin Air Quality

Guide to Aircraft OEM Cabin Air Quality

Download a PDF version of this guide here.

As a passenger on a business aircraft, you are very much in control of your world and your environment. With Covid-19 bringing cabin air quality into sharp focus, we have developed this guide to show what options are available from each aircraft manufacturer to remove pathogens and bacteria from the air in aircraft cabins. Health and safety are our priority and this guide is designed to provide reassurance of the health benefits afforded by business aviation.

There are many ways to ensure high quality cabin air, and the systems used will largely depend on the aircraft type and what it is used for. Many business jets use 100% fresh air systems, compressing and sterilizing air before it enters the cabin. For systems that recirculate a proportion of the cabin’s air, HEPA (High-Efficiency Particle Assurance) filters are the most used on airlines and are also found in business aircraft. A HEPA filter must capture a minimum of 99.97% of contaminants at 0.3 microns in size. As well as on aircraft, they are largely used in medical facilities and surgical rooms where pure, high-quality air is needed.

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Aircraft Overviews

August 28, 2020

Hawker 800XP Overview (1995 – 2005)

Hawker 800XP Overview (1995 – 2005)

Product Overview

The Hawker 800XP is a variant/replacement of the Hawker 800A/800B. It offers improved payload capabilities, enhanced performance, and updated systems. The uprated engines of the Hawker 800XP provide greater thrust and lower specific fuel consumption. It also offers enhanced aerodynamics, increased weight, and system upgrades on preceding models.  This aircraft is RVSM certified from the factory after serial number 258359 or after required service bulletins.                             

As of June 2020, 90% of Hawker 800XP aircraft were purchased pre-owned by their current owners, the other 10% new. 14.6% are for sale with the majority of those (83%) under an exclusive broker agreement. When for sale the average time on the market is 292 days.

Brief History

The Hawker 800XP is a derivative from the design of the UK-built de Havilland/Hawker Siddely, and British Aerospace 125 that was first built in 1962. The HS.125 evolved into the Series 400 through 800 and was produced until 1993 when Raytheon purchased the Series 800 program and the aircraft was renamed the Hawker 800. The Hawker 800XP entered service in 1995 after production of the Hawker 800 model ended production. Production of the 800XP ended in 2005 After a total of 426 deliveries, of which 29 have been retired.

Worldwide Appeal

There are 397 Hawker 800XP business jets in operation today.  The majority of these (384) are wholly owned, with 7 in shared ownership and 6 in fractional ownership. 6% are currently leased. North America has the largest percentage of wholly owned Hawker 800XP aircraft (76%), followed by Asia (8%) and Europe (8%).

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