Jahid Fazal-Karim

To our Clients, Partners and Friends,

Over the past 60+ years, we’ve been fortunate to consistently expand our business, and in 2023 we saw many defining moments in Jetcraft’s story.

In April, we solidified our premier sector position, acquiring North American firm CFS Jets. Our collective team of more than 100 global advisors now bring over a century of combined experience and the most diverse product expertise in the industry. Last year we also teamed up with Bill Papariella as the exclusive trading partner to AeroVentures. We’re working together to foster long-term growth and share information, including Jetcraft’s market-leading data and analytics. And, in a first-of-its-kind collaboration, we joined forces with Jetquity, opening up their pioneering Residual Value Program to our client base.

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With younger entrepreneurs in the technology and financial sectors now wielding significant purchasing power, we’ve seen that the number of Jetcraft buyers under 45 years old has risen by 20% in the last five years. Additionally, our 2023 Pre-Owned Business Jet Market Forecast also found these younger buyers fly their aircraft 19% more on average than those aged over 50.  

It’s no surprise either that new research from Bain & Co shows that millennials and Generation Z are increasingly driving the ultra-luxury sector, accounting for all of the luxury market’s growth last year.  

Connecting with our audience is how we’re successful. We know our customers. And our regional presence gives us a cultural understanding that many other aircraft specialists can’t match. This insight also applies to the different generations that now make up our customer base. 

So how do you engage with the next generation when it comes to selling luxury assets? 

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To our Clients, Partners and Friends,

Last year, we celebrated our 60th anniversary – something we’ll always look back on with pride.

In 1962, our founder Charles “Bucky” Oliver acquired Raleigh Durham Aviation which later began trading as the Jetcraft you know. Since then, Jetcraft has grown extraordinarily, from a predominantly US-based organization to an expanding global corporation. Today, we operate more than 20 offices worldwide with a team of over 70 aviation experts across five continents, and have no intention of stopping there.

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It is with a great deal of gratitude to our partners, clients and friends that we announce, for the first time in our history, the completion of more than 100 transactions in one year.

There are no shortcuts to success. For more than 55 years, you have gifted us your loyalty, trust and support. In return, we’ve been able to extend the Jetcraft family to over 20 locations across the globe. And whether we’re in Hong Kong, New York or London, the warm welcome we’ve received has helped us to become a global company without losing that essential, local feel.

This is due to the helping hands and open minds of each person we’ve encountered who has become a part of our network. We started as a small company and we still have that mentality. Each individual makes up an integral part of this milestone, and it is to you that we are indebted.

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