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Jetcraft anticipates the growth of the pre-owned market in Asia
April 2013; Executive & VIP Aviation International - Jetcraft has been in the new and pre-owned jet brokering business for some 50 years. Having built up a solid base in the US, with customers in Europe and Latin America and now with business starting to come in from Asia, Jetcraft CEO Chad Anderson is laying plans to capitalise on the inevitable appearance of a pre-owned market in Asia. “Few would dispute that Asia is one of the hottest markets for sales of new long-range/large cabin business aircraft. Our sales figures for 2011 and 2012 more than bear this out. We’ve been selling new and pre-owned into Asia for some time now and while the vast majority of orders are for new jets, about 10% to 20% of what we sell is good pre-owned,” he says.
The major reason driving the pre-owned market at present in Indonesia and Asia generally is not that high net worth individuals have ...