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Aircraft Overviews

February 11, 2016

Cessna Citation CJ1+ Overview (2005-2011)

Cessna Citation CJ1+ Overview  (2005-2011)

Product Overview

The Cessna Citation Jet 1+ is a turbofan-powered light corporate jet built by Textron Cessna. It was developed as an improved version of the CJ1 with the ability to fly faster plus a 100 pound gross weight increase allowing it to carry more payload over greater distances.

As of January 2016, 53% of the Citation CJ1+ aircraft were purchased pre-owned by their current owners, the other 47% new. 8.8% are currently for sale, with the majority of those (78%) under an exclusive broker agreement. When for sale, the average number of days on the market is 453.

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People of the Industry

February 3, 2016

Q&A with David Dixon

Q&A with David Dixon

David Headshot JSDavid Dixon, President – Jetcraft Asia
Location: Hong Kong
[email protected]     +852 2178 1808

What are your responsibilities within the global Jetcraft team?

When I joined Jetcraft in 2012 I was happy to continue working in the Asia region since I have been based here for over 30 years. As President of Jetcraft Asia, the overall direction of sales in the Asia region is my responsibility. Although the region is very large, there are still less business aircraft in the region than in California. There is scope to grow, which is why Jetcraft is here.

Describe a typical day or week in your role.

Being 12 hours adrift timewise with the US and Europe means that I always wake to many emails. One advantage of the time difference is that answers can be forthcoming overnight enabling me to respond quickly to the needs of the day. A key portion of my time is spent looking for buyers that need an aircraft we represent, or sourcing an aircraft that meets the needs of a buyer I am working with. Being located in the region is a major plus – this is not a region where you can work through emails alone. Getting out to meet people is crucial and a major part of the working day.

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Destinations

January 21, 2016

The Idyllic Island of Crete

The Idyllic Island of Crete

Crete Beach JSLanguidly perched at the southernmost point in Europe, the island of Crete is an extraordinary destination. Magnificent mountain ranges, serene, white sanded beaches, warm seas and an ever present and lively nightlife make it a spellbinding location for holidaymakers from around the globe.

Distinguishing itself as something exceptional, Crete is a great deal more than just another Greek island. Known as ‘Megalónisos’ or the ‘Great Island’, Crete doesn’t feel water-locked at all, instead it has its own national identity, especially in the bigger towns along the more developed north coast.

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Aircraft Overviews

January 13, 2016

Gulfstream G200 Overview (1997 – 2011)

Gulfstream G200 Overview (1997 – 2011)

Product Overview

The Gulfstream G200 (formerly known as the Galaxy 1126) is a super-midsize medium-range twin-turbofan corporate jet.

As of November 2015, 65% of the G200 aircraft were purchased pre-owned by their current owners, the other 35%, new. 12.6% are currently for sale with the majority of those (74%) under an exclusive broker agreement. When for sale, the average number of days on the market is 326.

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Avionics

January 12, 2016

Avionics Connectivity Part 1: Introduction & Overview

Avionics Connectivity Part 1: Introduction & Overview

AvBuyer Magazine, January 2016
by Ken Elliott

Helping you understand the technology, integration and advances of aircraft avionics and equipage, Ken Elliott begins a five-part series on aircraft connectivity, starting with an introduction and overview of this vast subject.

For the last several years, designers, developers, providers and integrators have each contributed enormously to a revolution in aircraft connectivity, both internal to the fuselage and externally to destinations throughout the world. We are: Read more →

People of the Industry

January 7, 2016

Q&A with Yildirim Demir

Q&A with Yildirim Demir

Yildirim Demir, Sales Representative, Jetcraft
Location: Istanbul, Turkey
[email protected]     +90 532 616 5462

How long have you been at Jetcraft?

I have been working with Jetcraft for 2 years. I work with all customers in Turkey, assisting them with their aircraft sales or acquisition needs.

Describe a typical day or week in your role.

Every day is different. Sometimes I am on the phone, or sometimes I am going to meetings, but either way I am speaking with my customers. I am there to help them move through the steps of their sale or acquisition from beginning through closing.

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Aircraft Overviews

December 28, 2015

Cessna Citation Ultra Overview (1994 – 1999)

Cessna Citation Ultra Overview (1994 – 1999)

Product Overview

The Cessna Citation Ultra was an updated version of the original Citation V (Model 560). An updated Honeywell Primus 1000 avionics suite consolidated multiple displays and replaced standard analog flight instruments. The upgraded engines (Pratt & Whitney JT15D-5D turbofans) offered 145 more pounds of thrust per side, and were more efficient.

As of December 2015, all of the Citation Ultra aircraft in operation were purchased pre-owned by the current owners. 8% are currently for sale with more than half of those (63.6%) under an exclusive broker agreement. When for sale, the average number of days a Citation Ultra remains on the market is 364 days.

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Destinations

December 21, 2015  ·  Jetcraft

A Malaysian gem: Pulau Langkawi

A Malaysian gem: Pulau Langkawi

Less than an hour’s hop from Kuala Lumpur lays a cluster of islands known as Langkawi, a tropical paradise famed for its crystal clear waters, pristine beaches and a flourishing jungle.  Idyllic and delightfully unspoiled, these enchanting 99 islands with their white sand beaches are simply some of Malaysia’s best.  And boasting a near-equatorial location, Langkawi enjoys warm weather year-round along the Straits of Malacca.  A perfect December getaway.

Approaching the Langkawi International Airport (LGK), the first glimpse visitors get is a promise for what’s yet to come. Dotted amidst the blue/green water, these verdant islands are a divinely enticing sight.  And although Langkawi is closer to Thailand than mainland Malaysia, it’s an ideal destination for those seeking downtime after conducting business in bustling Kuala Lumpur.  From its sandy bays to sweeping coastlines, the island’s beaches are beloved by travellers from across the globe. Read more →

Industry Insights

December 15, 2015  ·  Chad Anderson

For Sale: Top 5 Tips to Get the Most for Your Aircraft

For Sale: Top 5 Tips to Get the Most for Your Aircraft

Written by Chad Anderson, Jetcraft President
[email protected]

Year-end is a good time to sell your aircraft and remove it from your books for the new year as a corporate (or personal) asset. Once you’ve decided that you are ready to sell, there are several key pieces of advice to keep in mind in order to sell your aircraft for the best price possible. This will help you prepare your aircraft for sale on terms that you will be comfortable with.

1. Work with an Experienced Partner

According to the National Aircraft Resale Association, 14 percent of airplane owners don’t enlist the services of an expert with transactional aircraft experience to handle their sales. While some in that group are corporate flight departments or others with the requisite knowledge, a considerable number are less experienced people who may be outside of their comfort zone.

It is inadvisable to take on the unnecessary risk of trying to sell your aircraft without the full knowledge of its worth and a thorough understanding of how it fits into the marketplace. For example, how is interest in your class or manufacturer of aircraft trending? Are there buyers in other regions of the world who would pay a higher premium for your aircraft on the market? Having answers to these types of questions can dramatically improve your chances of obtaining the best possible sales price for your aircraft.

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