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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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Aircraft Overviews

November 11, 2014

Airbus ACJ320 Overview (2008 – Present)

Airbus ACJ320 Overview (2008 – Present)

Overview including differentiating features from other aircraft in its category

The Airbus ACJ320, which is based on the A320 airliner, boasts the largest cabin volume in its category of business jet. Its features include a customized cabin, additional fuel tanks for intercontinental range, and more than 1,030 square feet of floor space.

As of August 2014, the Airbus ACJ320 market is comprised of 5.5% pre-owned. The percentage for sale is 9.1% with no aircraft under an exclusive broker agreement and average days on the market are 58 days.

Brief History

The Airbus ACJ320 began production in 2008 and continues to be manufactured up to the present day. During that time a total of 12 aircraft have been produced with all but one currently in operation.

Worldwide Appeal

Of the 11 Airbus ACJ320 in operation by continent, Asia has the largest percentage at 73%, followed by Europe at 18% for a combined total of 91%. Also, 64% of the 11 Airbus ACJ320 jets in operation today are...

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Avionics, News

November 6, 2014

Jetcraft in support of NextGen

Jetcraft in support of NextGen

Written by Ken Elliott, Technical Director - Jetcraft [email protected]   +1 706 650 2140

Jetcraft has been playing a key role in support of the RTCA NextGen Advisory Council (Sub Committee). Since 2011 Jetcraft has contributed to various task groups covering business case & performance metrics, including fuel efficiency in the NAS. During 2014 Jetcraft served on the PBN Blue Print for Success Task Group,  specifically leading a small team researching and producing the report section; Outcomes and Metrics for Success section (including App C and E). Download the PDF with Final Recommendations here.

These recommendations are provided to the FAA in support of their NextGen efforts and involve a significant amount of industry engagement. The FAA is consistently guided by and builds upon recommendations from RTCA and other industry partners in a collaborative effort to best serve the traveling public.

Without the unwavering support of Jetcraft Management this involvem...

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People of the Industry

November 4, 2014

Q&A with Patty Gioconda

Q&A with Patty Gioconda

Patty Gioconda, Senior Admin/Travel Coordinator, Jetcraft

Location: Raleigh, NC, USA

[email protected]        +1 919 941 8400

How long have you been at Jetcraft?

I have been at Jetcraft for almost 12 years.  I started as a part-time Receptionist and my position has evolved into what it is. I have loved every minute of being a Jetcraft Team Member.

What are your responsibilities within the global Jetcraft team?

I am still the Receptionist, and the Sr. Administrative Assistant.  I also am the Travel Coordinator for the company, which includes planning and coordinating the logistics for our many events and shows.

Describe a typical day or week in your role.

A typical day in my role, is never typical. There is always a new place that the Salesperson is going to, and I make sure to get them to their destination.  Sometimes there is a new show that needs hotel bookings, or static Display forms to be updated.  My position is a lot of managing prioritie...

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