Jetcraft Commercial, is marking a successful year of growth after closing 17 transactions* in 2024.  

The news comes as the company finalizes its placement of 19 Dash 8-400 turboprops, first acquired from Horizon Air in 2023, and delivered to operators worldwide including Daallo Airlines, Conair Aerial Firefighting and Air Panama. 

Raphael Haddad, President, Jetcraft Commercial, says: “Our leading position in the Dash 8-400 market and expertise in efficiently structuring deals to meet client needs has driven significant strategic growth.   

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Mark Doev, Director – Asset Management, Jetcraft Commercial
Location Dublin, IE

Describe a typical day or week in your role.

A typical day for me really depends on the amount and the type of deals that we do. More often than not it involves, doing maintenance, reserve, cash flows creating, updating tech specs, reviewing LOIs and such.

Tell us what you enjoy most about your role.

What I enjoy most about my role is the variety, both in terms of the tasks that I perform and the aircraft types that I work with.

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

What I take pride in the most in my professional journey is how eager I am to learn new things. Every year I try to do as many courses as I can. I’ve done the Aircraft Law and Finance courses. I’ve done Type Certificate for Aircraft. I have done Maintenance Records courses. So, I’m always eager and willing to learn new things.

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In business aviation, a global mindset is key. Recently, Jetcraft supported a swift cross-border transaction across the Atlantic. With an aircraft in Switzerland and a buyer based in the United States, our team successfully arranged a viewing and overcame logistical issues to secure an offer in just 12 hours.

This is just one example of a ’cross-border transaction,’ the purchase or sale of an aircraft across international boundaries. While this may sound straightforward, there’s an intricate process behind it, requiring the knowledge and skill of matching supply with demand in a global marketplace.

Matching supply with demand

Cross-border transactions arise due to disparities in aircraft availability across different regions of the world. While interest in certain business jets may surge in one part of the globe, suitable options might be scarce in that region, compelling buyers to look beyond their local market. Doing so can be daunting however, and buyers may be reluctant to look foraircraft further afield, or simply unaware of the aircraft options available to them.

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Product Overview

The Dash 8-400 is a high-capacity turboprop regional aircraft developed by De Havilland Canada, designed to excel in both passenger transport and special mission roles.

Featuring a modern cockpit and enhanced aerodynamic design, the Dash 8-400 delivers increased performance and efficiency over conventional turboprops. Its spacious cabin is configured to seat up to 90 passengers, with options for single or dual-class layouts, offering advanced cabin enhancements such as Active Noise and Vibration Suppression (ANVS) and HEPA filtration to improve passenger experience and in-flight air quality.

Raphael, President of Jetcraft Commercial, highlights the cabin comfort and quiet: “It’s a recent aircraft, it’s modern, it’s comfortable…most of the time you don’t feel like you are in a turboprop.”

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Laurence Vidal, Sales director, South America, Jetcraft
Location: Sao Paulo, Brazil

Describe a typical day or week in your role.

I go to Sao Paulo to meet with principals and other people within aviation. In Brazil, it’s a little different, we do not only deal with lawyers and directors of departments, as we have other players as well. So, I meet with them a lot to get more information about the markets.

Tell us what you enjoy most about your role.

What I enjoy most in my role would be how dynamic the position is. It’s never the same, each day it’s a new challenge. I also like the competition that comes along with it. It’s something that I really enjoy.

Tell us how Jetcraft’s global network of offices and specialists benefit clients.

Jetcraft is very necessary for the South American market because it is an immature market compared to the U.S and Europe, where you have a lot of big players. In Brazil or South America, there are more individuals or one person brokers. To have such a good structure from Jetcraft to support us in our daily work, it makes a big difference for our customers. I think it’s a very good differential for us.

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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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