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People of the Industry

September 8, 2015

Q&A with Scott Ritchie

Q&A with Scott Ritchie

Scott Ritchie, former Vice President Sales, Jetcraft

How long have you been at Jetcraft?

I have been here since October 2007 and I did consultant work with Jetcraft for 3 or 4 years prior to that.

What are your responsibilities within the global Jetcraft team?

I am a Vice President of Sales in the Midwest Region of the United States. I work with clients in my region to either help them find the right buyer for their aircraft, or if they are looking for an aircraft to purchase I will help them determine what they need and then help them find it.

Describe a typical day or week in your role.

There is no typical day, but I do usually spend a lot of the day on the phone. I also do a lot of traveling to meet with different clients. I take my roller bag office to wherever I’ll be for the day or week and setup shop.

What do you love most about your job?

The deals – creating an opportunity and seeing it through the transaction. I enjoy figuring out the deal and what ...

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Aircraft Overviews

September 2, 2015

Cessna Citation CJ3 Overview (2003 – Present)

Cessna Citation CJ3 Overview (2003 – Present)

Product Overview

The Cessna Citation CJ3 (Model 525B) is an upgraded and extended version of its predecessor the Citation CJ2. It boasts a stretched cabin and wingspan along with increased fuel efficiency.

As of July 2015, half of the CJ3 aircraft were purchased pre-owned by their current owners, and half were purchased new. 5.3% are currently for sale with 72% of those under an exclusive broker agreement. The average number of days on the market before sale is 270.

Brief History

The first flight of the Citation CJ3 took place on April 17, 2003. Deliveries began in December of 2004.

Worldwide Appeal

There are 412 Citation CJ3 aircraft in operation with 13 in shared ownership, 2 in fractional, and 397 wholly owned.  By continent, North America has the largest percentage at 65%, followed by Europe at 25%. The largest fleet operator of CJ3 aircraft, Latitude 33 Aviation, LLC, holds 7 of the CJ3 jets in operation. Additionally, 7% of the Citation CJ3 jets are currently l...

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People of the Industry

August 25, 2015

Q&A with Mikhail Goloviznin

Q&A with Mikhail Goloviznin

Mikhail Goloviznin, former Authorized Sales Director - Russia, Jetcraft

Location: Moscow, Russia

How long have you been working with Jetcraft?

I have been an Authorized Sales Representative for Jetcraft since 2011.

What are your responsibilities within the global Jetcraft team?

I handle aircraft sales and also do sales engineer duties for Russia.

Describe a typical day or week in your role.

My day includes a lot of telephone calls. I spend time speaking with prospects and other brokers/dealers, arranging meetings, studying inventory and exploring the market for new opportunities.

What do you love most about your job?

I enjoy the mobility of the job, it takes me all over to meet with clients and potential clients. It is fun to me to travel around meeting new people. I also really enjoy the team that I work with.

Describe the company culture at Jetcraft and what it means to you?

The company is well structured which allows us to solve any problem and we are ...

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Aircraft Overviews

August 21, 2015

Airbus ACJ318 Overview (2002 – Present)

Airbus ACJ318 Overview (2002 – Present)

Product Overview

The Airbus ACJ318 aircraft is a corporate jet which, like the other models in the ACJ family, is a business jet version of its sister model, the passenger A318. It is the smallest aircraft in the ACJ category.

As of July 2015, nearly a third of the ACJ318 aircraft were purchased pre-owned by their current owners, and two-thirds were purchased new.  25% are currently for sale and of these, 80% are under an exclusive broker agreement. The average number of days on the market before sale is 413.

Brief History

The Airbus ACJ318 began production in 2002 and continues to be manufactured up to the present day. During that time, a total of 20 aircraft have been produced with all currently in operation.

Worldwide Appeal

Of the 18 wholly owned Airbus ACJ318 in operation, by continent, Asia has the largest percentage at 67% followed by Europe at 22%. Additionally, 10% of the world's Airbus AC318 fleet are currently leased.

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Avionics

August 21, 2015

Avionics Mandates Part 8: Mandate Impacts and Status

Avionics Mandates Part 8: Mandate Impacts and Status

AvBuyer Magazine, August 2015

by Ken Elliott

Helping you understand avionics advances and related requirements for equipage, Ken Elliott reviews aviation technologies within the NextGen/ SESAR architecture, this month focusing on mandate impacts and status.

As we venture past the midpoint of 2015, it is appropriate to take stock of the impacts of NextGen and SESAR mandates. Below you will find a potpourri of perspectives on this fluid technology transition that is expected to level-off around 2020. Since 2015 began, we have seen several changes in how authorities are addressing mandates. An aggressive FAA has been supporting ADS-B equipage while a non-cohesive Eurocontrol has further delayed the implementation of DataComm requirements under EU operating rules.

Operators do not suffer well such a flip-flop on requirements, especially in the case of EU DataComm. This technology is partially driven by varying levels of preparedness across the different nation states of Europe. R...

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News

August 13, 2015

How to Purchase Your First Preowned Business Jet

How to Purchase Your First Preowned Business Jet

Jetcraft’s Chairman, Jahid Fazal-Karim, spoke with Business Jet Traveler about the importance of working with an expert when purchasing a business jet.

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News

August 11, 2015

Jetcraft Opens New Sales Office in Mexico

Jetcraft Opens New Sales Office in Mexico

Location Will Act as Hub for Latin America Sector

Jetcraft, the global leader in business aircraft sales, acquisitions and trades, today announced the opening of a new international sales office in Mexico.

This move comes in response to Mexico’s rapid growth in the business aviation field, which has cemented its current position as the second largest aviation market in the world.  Ideally located between the US and South America, Mexico benefits from close ties with both regions, attaining an impressive fleet growth of 4.8 percent in 2014.  And the forecast is equally promising.   Recent estimates suggest that 80 percent of the Mexican fleet is more than ten years old, which indicates that jet owners will be considering new purchases and trades in the years ahead.

Officially opened on August 1, the Mexico City office is located in an exclusive business district on 111 Avenida Presidente Masaryk and will serve as a hub for Jetcraft’s expanding Latin American presence.

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Destinations

August 7, 2015

Sizzling São Paulo

Sizzling São Paulo

Any visit to Brazil would be incomplete without spending a few days in São Paulo, or “Sampa,” as locals call it. While Rio’s beaches and beauty naturally beckon worldwide visitors, São Paulo offers gems of its own right: art galleries and world-renowned architecture, inspired cuisine, and growing business opportunities. 

So skipping this beast of a city (the world’s third largest city) is akin to visiting the United States without adding New York to your itinerary. Still, navigating this sprawling metropolis takes some planning ahead and few precautions—from getting your bearings to honing your street smarts. And keep in mind that it’s sometimes called the “Land of Drizzle” due to frequent rain.

Get your bearings.

As you can see from this helicopter view taken by Eli Coory (Solo on Moto), São Paulo is a massive expanse of skyscrapers and concrete. Where do you begin? Breaking down the city by districts is a good starting point. Here is a snapshot of some of the c...

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Avionics

July 29, 2015

Avionics Mandates Part 7: Enhanced Low Visibility Operations

Avionics Mandates Part 7: Enhanced Low Visibility Operations

AvBuyer Magazine, July 2015 by Ken Elliott

Download a PDF of the article.

Helping you understand avionics advances and related requirements for equipage, Ken Elliot reviews aviation technologies within the NextGen/SESAR architecture, this month focusing on Enhanced Low Visibility Operations.

Most improvements in aviation are incremental (and rightly so), with safety and performance being paramount. However, once in a while there arises a paradigm shift where the improvement opportunity becomes a game changer and the uptake is driven by competition, or by mandate.

One such major shift is the recent advance that enables enhanced low vision operations. In a very unlikely scenario, the FAA is providing a certification path for operators to equip and be approved for something never before accomplished. In the realm of low vision and under a pillar of NextGen, the Holy Grail of all-weather operations is finally within reach for owners and their pilots.

Aircraft OEM competition fuels necessar...

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