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Aircraft Overviews

December 22, 2014

Challenger 604 Overview (1995 – 2006)

Challenger 604 Overview (1995 – 2006)

Overview including differentiating features from other aircraft in its category

Bombardier introduced its Challenger 604 in 1995 as a major upgrade on the Challenger 601 design, incorporating more powerful engines, larger fuel supply, completely new undercarriage, structural improvements to wings and tail, and a new electronic flight instrumentation system. The Challenger 604 is a longer-range derivative of the 601-3R with a larger fuel capacity and upgraded CF34-3B engines. The Challenger 604 was also one of the first business jets designed with a super-critical wing.

The Challenger 604’s cabin is very similar to its predecessor’s, 601-3A and -3R. The Challenger 604’s cabin has extremely low noise levels. It is normally configured with 10 – 12 passengers in a double-club or a forward club/half club/divan arrangement and includes a deluxe galley and lavatory.

As of January 2014, the Challenger 604 market is comprised of 100% pre-owned. The percentage for sale is 8.8% w...

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People of the Industry

December 17, 2014

Q&A with Sean O’Leary

Q&A with Sean O’Leary

Sean O'Leary, Sales Engineer, Jetcraft

Location: Dublin, Ireland

[email protected]       +353 1 533 4688

How long have you been at Jetcraft?

I have been at Jetcraft since October of this year. I am one of the newest members of the Jetcraft family.

What are your responsibilities within the global Jetcraft team?

My number one responsibility is supporting my sales team. I support five different sales directors located throughout EMEA. Anything I can help with from Spec builds, Aircraft evaluations to Aircraft viewings. I am at the aid to my sales team as every good sales person requires a great support team and I believe that the work I can do will benefit the sales team by enabling them to concentrate and work closely on their client relationships.

Describe a typical day or week in your role.

I work from home, which means my day never has a rigid schedule. Put it this way, like all of us here at Jetcraft there is no such thing as a 9-5 work day! After cof...

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Aircraft Overviews

December 11, 2014

Citation Sovereign Overview (2002 – 2013)

Citation Sovereign Overview (2002 – 2013)

Overview including differentiating features from other aircraft in its category

The Citation Sovereign is powered by two Pratt & Whitney PW306C engines with FADEC controls. The Sovereign claim to fame is that it can take-off and land at short distances thanks to a moderately swept high-aspect ratio wing, and (when light) 92 knot Vref speed.

As of March 2014, the Citation Sovereign market is comprised of 33% pre-owned. The percentage for sale is 6.9% with 92% of that under an exclusive broker agreement and average days on the market are 379 days.

Brief History

The Cessna Citation Sovereign was first unveiled in 1998 at the NBAA Annual convention in Las Vegas, Nevada, as a high-performance jet to plug the gap between the Excel/XLS and Citation X. The first flight of the Sovereign took place in February 2002 with FAA certification awarded in June 2004. Customer deliveries began later that same year. Production of the Citation Sovereign ended in 2013 as the Sovereign + star...

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News

December 9, 2014

Jetcraft Opens New Office in Australia

Jetcraft Opens New Office in Australia

Gold Coast location to service Australia and New Zealand

December 9, 2014 (Raleigh, NC) – Jetcraft Corporation, a global leader in business aircraft sales, acquisitions and trades, is pleased to announce the opening of its new office in Gold Coast, Australia. The new location will amplify service to Jetcraft’s global clientele.

Asia Pacific is soon expected to comprise approximately 10 percent of the worldwide business aviation market. Australia and New Zealand are expected to represent $5.5 billion or 225 new aircraft over the next decade. This impressive growth, combined with an added global presence to better serve clients, spurred Jetcraft to open an office in Australia.

Jetcraft is teaming up with Mick Doohan, well known throughout Oceania as a five time Grand Prix motorcycle racing world champion, who operates an FBO in the Gold Coast and will serve as Jetcraft’s authorized representative for the region.

“Mick brings a unique combination of name recognition, ma...

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Destinations

December 4, 2014

Dizzying, Dazzling, and Delightful Dubai

Dizzying, Dazzling, and Delightful Dubai

Upon approaching Dubai by air, you might be astounded to think that only several decades ago this spectacular city was a fishing and trading village amidst sprawling desert. You’ll spot the city’s soaring landmarks: the tallest building in the world, the Burj Khalifa (pictured right); the world’s only 7-star hotel, the Burj Al Arab; and the twisting Cayan Tower (or “Infinity Tower”). You’ll also see the fascinating aerial image of manmade islands shaped like palm trees, known as The Palms archipelago (pictured in header). To be even more amazed by this “Eighth Wonder of the World,” learn how they were made before your visit.

Indeed, Dubai is a luxurious cosmopolitan oasis lined by the Persian Gulf and desert. Since Dubai started allowing foreign nationals to own property in 2001, this emirate has burgeoned into a powerful financial center on the global scale.

Commercial real estate development reigns supreme, and the more unique and extravagant the project, the be...

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People of the Industry

December 2, 2014

Q&A with Sari Sawaya

Q&A with Sari Sawaya

Sari Sawaya, Aircraft Sales – Middle East, Jetcraft

Location: Dubai, UAE

[email protected]    +971 50 632 8073

How long have you been at Jetcraft?

I have been with Jetcraft for about a year and a half now. I joined the Jetcraft team when they acquired the ExecuJet Aircraft Trading group.

What are your responsibilities within the global Jetcraft team?

I handle aircraft sales for the MENA region along with India, and I work closely with my colleagues around the world.

Describe a typical day or week in your role.

Each day is a juggling act between buyers, sellers and everything else in between. I spend a lot of time visiting clients and viewing aircraft.

What do you love most about your job?

The thrill from getting a deal done and knowing that I have helped my client reach their goal.

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

To describe it easily in one word would be “Family”. It's good to know I have colleagues w...

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Aircraft Overviews

November 26, 2014

Hawker 1000B Overview (1991 – 2000)

Hawker 1000B Overview (1991 – 2000)

Overview including differentiating features from other aircraft in its category

The Hawker 1000B was developed as a longer range version of the Hawker 800 series model and has a 33 inch fuselage stretch accommodating a larger ventral fuel holding nearly 200 additional gallons.

Also noteworthy is that the Hawker 1000 model marks the first time a Pratt & Whitney engine was selected to power a Hawker. Hawker 1000B models were originally manufactured for customers outside North America.

As of August 2014, the Hawker 1000B market is comprised of 67% pre-owned. The percentage for sale is 50% with 67% under an exclusive broker agreement and average days on the market are 320 days.

Brief History

By the early 1990s, British Aerospace, the manufacturer of the type at this point, had two main variants of the aircraft in production; the smaller 125-800 and larger 125-1000. The 125-1000, which conducted its first flight on 16 June 1990, had several changes to give the type a repo...

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Industry Insights

November 19, 2014

Heroes Behind the Scene: Meet Jetcraft’s Sales Engineering Team

Heroes Behind the Scene: Meet Jetcraft’s Sales Engineering Team

The process of buying and selling private jets is not a simple one. There are many moving parts, including market research, aircraft valuations, visual reviews, logbook research, and marketing coordination that each play a pivotal role in the purchase or sale process. As each transaction usually totals in the millions, attention to detail is crucial at every stage.

Often, this whole process falls on the shoulders of a single sales representative. But Jetcraft has a dedicated team of eight professionals standing ready to undertake this arduous – but critical – mission.

“Clients expect one-to-one service when buying or selling a high value asset such as a jet,” says Jetcraft Sales Director Chris Brenner. “Our sales engineering team performs the necessary legwork, market research, value summaries and reviews involved with every transaction. This frees up the sales representative to focus exclusively on the customer and guide them through the transaction cycle, along with any pot...

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Destinations

November 17, 2014

Bangalore: Take time out to enjoy this home of fast-paced technology giants

Bangalore: Take time out to enjoy this home of fast-paced technology giants

Bangalore (or Bengaluru) is a hot spot for global IT and other technology companies, and an oft-visited city for business travel by company representatives from around the world. In fact, chances are high that these Bangalore Business Tips and points of etiquette might already be second nature to you. Bring business cards, for example, to first meetings, and be mindful of attention to hierarchy—relationship building is critical.

But let’s forget business for a while. After all, Bangalore also is known for its great temperature throughout the year; lush, green spaces; and, lately, even its beer scene.

Savor Sunday brunch

If you happen to be in Bangalore on a Sunday, add “being lazy” to your agenda. Slow-paced, relaxing Bangalore brunches beckon. Expect to spend hours enjoying the wonderful nuances of Southern Indian cuisine, including dosa (a pancake made from rice batter and lentils), vada (a fritter or doughnut type of indulgence), and, the must-try signature filter c...

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