To our Clients, Partners and Friends,

As we step into 2025, I want to take a moment to reflect on what we’ve achieved together and share my thoughts on the opportunities ahead. This tradition of pausing and sharing our vision is one I look forward to every year.

Private aviation has continued to prove its critical role in connecting people and businesses, offering unmatched flexibility and efficiency. The market has demonstrated remarkable resilience, despite predictions, and I want to reinforce that confidence. Across the industry, we’re seeing healthy order books for new aircraft, strong energy in the preowned sector, and an overall improvement in supply – a far more stable environment than during the supply challenges of recent years. Buyers and sellers are also better aligned on values and expectations. These shifts create greater predictability and sustainability, benefiting all.

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Raphael Haddad, President, Jetcraft Commercial
Location: Toronto, Canada

Describe a typical day or week in your role.

I usually wake up at 5.30am and check my emails and messages, go for a run, then get back to work. During the day I have a lot of conference calls with the teams or I’m meeting with customers.

Tell us what you enjoy most about your role.

It’s the deal. The thrill of the deal. Scoring a deal gives me extreme satisfaction and working with a good solid team.

Describe what you are most proud of in your professional journey.

I’m very proud of what we have accomplished at Jetcraft Commercial. We started in 2015 and if we look back over the last few years at what we have been able to accomplish, I’m very proud of that.

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During the Monaco Yacht Show in September, our Owner & Chairman of the Board, Jahid Fazal-Karim was interviewed by Shari Liu from Superyachts.com. While speaking with Shari, Jahid shared his thoughts on the complementing customer-base of the superyacht and private aviation industries, the business of ‘selling time’ and what’s next for Jetcraft’s global expansion.

To watch the interview in full, follow the link: MYS 2024: Jetcraft Talks Private Aviation and Yachting Synergy | Superyachts.com

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This summer, a team of intrepid pilots and engineers undertook the first ever ‘Tour de France’ in an electric aircraft. Over 17 days, The Elektro Tour covered 2,400 kilometers across the French Alps in a Pipistrel Velis Electro, flying for more than 50 hours with zero CO2 emissions and an 80% reduction in noise pollution.

With electric flight continually demonstrating greater range, the challenge offered a glimpse into a future where zero emission and sustainably powered business aircraft can soar the skies.

As part of our series exploring business aviation as a business tool, we spoke with Emmanuel Rety, the founder of the Elektro Tour to learn more about the potential for this technology.

Emmanuel, where did the idea for the Elektro Tour come from?

Avialpes, our flight school and airline were the first Approved Training Organization (ATO) in France to buy an electric training aircraft – the Pipistrel Velis Electro. Our staff and students were very excited by the arrival...

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Jetcraft Commercial, is announcing the delivery of two Dash 8-400 turboprops* to Panama-based regional carrier, Air Panama.

These are the first Dash 8-400s to join Air Panama’s fleet and will be deployed on both domestic and international routes, enhancing the airline’s capacity to serve growing passenger demand across Central America. The deal follows Jetcraft Commercial’s acquisition of 19 Dash 8-400s from Horizon Air, and several successful deliveries to other companies.

Richard Libby, VP Sales, Jetcraft Commercial, says: “The Dash 8-400 is a versatile aircraft, perfectly suited to operations in the Americas, and we expect its value to remain strong. This dual delivery to Air Panama demonstrates Jetcraft Commercial’s expertise in efficiently structuring deals that align with the specific needs of our clients, while opening new aviation opportunities.

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Product Overview

The Hawker 900XP keeps many of the distinguishing features of the Hawker 850XP such as the winglets, Proline 21 avionics and cabin design. It’s upgraded engines allow it to climb more efficiently and give it an increased range. The inspection interval for the Hawker 900XP’s engines is 6,000 cycles, a marked improvement over the 4,660 cycle inspection interval of the engines on the Hawker 850XP.

As of November 2024, all of the Hawker 900XP ownership comes from the pre-owned market. 7,95% are currently for sale with 42,86% of those under an exclusive broker agreement, non for lease. For those on the market, the average sale time is 188 days.

Brief History

The Hawker 900XP, the newest version of the Hawker 800/800XP mid-sized business jet, received type certification in August 2007. In creating the Hawker 900XP, the Hawker series had been stretched, its wings had been modified, and it was now powered by very advanced, efficient turbofan engines. The Production ended in 2013, 193 airplanes where build.

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Jetcraft was once again honored to receive the prestigious Best Aircraft Broker award at the Asian Business Aviation Association (AsBAA) Icons of Aviation Awards, held on Saturday November 9^th at Studio City in Macau.

This remarkable achievement marks Jetcraft Asia’s seventh consecutive win, reflecting its enduring commitment to excellence in business aviation.

Commenting on behalf of Jetcraft Asia, Executive Chairman David Dixon expressed his gratitude: “The Icons of Aviation Awards is a fantastic evening and a wonderful place to connect with our industry partners and friends across Asia. It is always an honor to be recognized by our industry associates and partners but especially so when this is the seventh year in succession.

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Australia’s vast landscape, coupled with its growing economy, has positioned the country as a key player in business aviation. It is the second largest market in the Asia Pacific, with approximately 230 business aircraft. This fleet has seen significant evolution over the past five years and experienced a net increase of around 10%, spurred by a mix of pre-owned and new aircraft acquisitions. At Corporate Jet Investor Asia last month, decision makers from across business aviation came together to explore topics ranging from the current turboprop market in Australia to the future of the market in the region.

Here are our key takeaways.

Fleet modernization and demand

Older models traditionally dominated the Australian fleet, but today we’re seeing rapid modernization, as owners are upgrading their aircraft. The Australian charter market has also matured significantly and many new clients, particularly those introduced to business aviation during the pandemic, are transitioning f...

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Product Overview

Dassault launched the Falcon 900 in 1987 and introduced the Falcon 900EX in 1996. In 2003 Dassault began offering the 900EX with the EASy digital cockpit calling the model the 900EX EASy. Based on the Honeywell Primus Epic system, EASy (Enhanced Avionics System) offers improved safety via information management features to improve overall crew situational awareness.

As of September 2024, 96.7% of Falcon 900EX EASy ownership comes from the pre-owned market, the other 3.3% from new. 7 of those are currently for sale with the majority (57%) under an exclusive broker agreement. For those on the market, the average sale time is 292 days.

Brief History

The Falcon 900EX EASy received certification from the FAA and EASA in November 2003 and production ended in 2010. A total of 122 Falcon 900EX EASy business jets were built, 3 are inactive.

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