Jetcraft

Executive VP Peter Antonenko to oversee worldwide corporate operations

February 10, 2014 (Raleigh, NC) – Jetcraft Corporation, the leading broker/dealer in international aircraft sales and acquisitions, today announced the promotion of current Executive Vice President Peter A. Antonenko to the position of Chief Operating Officer.

Mr. Antonenko, who joined Jetcraft seven years ago, manages Jetcraft’s legal and contracts administration on aircraft transactions and business alliances, in addition to managing general corporate operations. His new position will include a more hands-on role in the company’s international corporate operations, long-term strategic planning and marketing.

“We’re happy that Peter has accepted the position of COO,” said Charles Oliver II, Jetcraft’s Chairman, Founder, and Treasurer. “For years Peter has worn his legal hat, helping guide us to become the world’s largest aviation transaction enterprise. This promotion is a new hat for him,...

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Anticipate and Prepare for the Way Ahead.

World Aircraft Sales, Feb 2014

by Ken Elliott

Download a PDF of the article.

The following update covers the current status of Data Communications at a time when industry and the FAA begin to finalize a new Air Traffic Network standard and Europe implements more of its Link 2000+.

In the NextGen/SESAR and ICAO automation environment, data transfer and surveillance are both key enablers. There is a lot of history and regional variance in their migration, so today we operate in a realm of confusion. Cutting to the chase we have two major areas to consider; Communication and Surveillance.

Communication: This comes under ATNB1, and while the future means of transmission is VDL-2 the current means can be via existing ACARS (POA), HFDL and in some cases Satcom (Inmarsat or Iridium). Communication is also part of FANS that includes surveillance. Communication is typically via text messaging like on your mobile phone, but is more complex. ATN-B1 is...

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Absorption of ExecuJet Aircraft Trading’s brokerage activities into Jetcraft’s international team expands global reach and depth

February 4th, 2014 (Raleigh, NC) – Jetcraft Corporation, the international leader in new and pre-owned business aircraft sales, acquisitions and trades, today announced that the integration of the aircraft brokerage activities of ExecuJet Aircraft Trading (EAT) is complete. The result is a larger international footprint for Jetcraft and a strengthening of its on-the-ground coverage, allowing for more localized customer service across Europe, Africa, the Middle East and India.

The joining of the two teams, part of a deal announced last August, solidifies Jetcraft’s position as the world’s largest business aviation dealer/broker and further enhances its dedication to local customer service. “There are benefits to being the biggest player in any given market,” said Chad Anderson, President of Jetcraft. “In our case, it translates into faster, ...

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Dawn Kurry, Staff Writer – Triangle Business Journal January 2014 - He started flying planes when he was a freshman at the University of North Carolina at Chapel Hill in the early 1960s, when Raleigh-Durham International Airport was a tiny airstrip.

At 72, Charles “Bucky” Oliver is still flying. He is president of his RDU-based company, Jetcraft, which he says is the world’s largest corporate aircraft dealership.

Click here to view the full article.

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Business Jet Traveler interviewed Jetcraft Co-owner and Board Member, Jahid Fazal-Karim [as of 2016 Jahid became Jetcraft owner and Chairman], about his business and his family. The article can be found on their website and also in the February/March printed issue of Business Jet Traveler magazine.

BJT Management Series: A Few Words with…Jetcraft’s Jahid Fazal-Karim

Jahid Fazal-Karim became co-owner of Jetcraft in 2008 after a successful career at Airbus and Bombardier. At the time, the business jet brokerage firm had only 12 employees, but today it has approximately 40 in offices throughout the world. Though widely regarded as one of the top brokers in a notoriously cutthroat industry, Fazal-Karim is known for being humble, generous and self-aware. Here, he discusses his family, his remarkable upbringing and his rules for doing business.

Click here to view the full article.

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Moscow. It embodies the Russia of both yesterday, today, and tomorrow. As a bustling city of about 11 million, the city has cultivated the post-Communism capital spirit. Companies worldwide have taken notice. Just last year, for example, Morgan Stanley transacted the largest real estate deal at that time: the $1.2B purchase of the sprawling Metropolis Shopping and Entertainment Mall in Northwest Moscow.

Moscow now is an international financial center, and companies from other sectors have grown a strong branch presence there over the past two decades. It’s no wonder that Moscow’s Vnukovo International Airport is the leading airport for international departures in Europe (according to Avinode Marketplace). Vnukovo is convenient to the city, and its runway capacity can handle 60 aircraft movements per hour—even in compromised, low-visibility weather.

The appeal of staying awhile

One of the world’s most expensive cities, Moscow nevertheless is well worth the visit—wheth...

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Jetcraft Supports UNICEF’s Humanitarian Project, Helps Protect One Million Children a Year.

Every year, three million babies worldwide die in the first 28 days of life. The majority of neonatal deaths result from complications related to preterm birth and infection. Most of these fatalities are preventable with a vaccine administered to the mothers.

Jetcraft has partnered with L’VOYAGE, Sino Private Aviation (HK) Limited (SPAL), and UNICEF to raise funds to provide immunization services to mothers and children in need in developing countries. With only three protective doses, the mother and her future newborns are able to be protected for five years from Tetanus, which kills one newborn baby every nine minutes. Apart from vaccinating mothers, efforts will also be made to vaccinate infants against life-threatening disease.

This year, Jetcraft’s corporate support of UNICEF’s “28 Days to Save a Child’s Life” campaign will help prevent infectious disease and save the ...

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Written by Dan Dunn, former Jetcraft Vice President Sales, USA

A used aircraft sale will usually include a pre-purchase inspection to verify that the condition of the aircraft meets the representations made by the seller.  This inspection is often referred to as a "Pre-Buy."  An industry standard Pre-Buy inspection requires selecting an appropriate service facility that is approved to perform work and inspections by the manufacturer. It may be a center owned by the manufacturer itself, or a mutually agreeable facility.

The scope of a pre-purchase inspection is determined on several factors, namely age of aircraft and warranty status, recent or due inspections, and comfort level with the transaction in general.  A Pre-Buy inspection is traditionally paid for by the buyer and may also include a test flight of the aircraft.

Many buyers will review the technical status of the aircraft and may negotiate with the seller to include scheduled maintenance that is near due in the ins...

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Overview including differentiating features from other aircraft in its category

The Global 6000 is the fourth and latest business jet aircraft model built by Bombardier to compete in the new ultra-long range large-cabin market. The Global 6000 has a large spacious cabin in excess of 2,000 cubic feet and can travel non-stop over 6,100 nm. The ultra-long range market is defined as a new group of large cabin business jets that can fly 5,000 nm or greater distance. Today the ultra-long-range large cabin business jet market has exceeded 1,100 aircraft in operation.

As of July 2013, the Global 6000 market is comprised of 88% new versus 12% pre-owned. The percentage for sale is 4.9% with 100% under an exclusive broker agreement.

Brief History

The Global 6000 traces its roots to the Global Express XRS which was the third ultra long-range large-cabin business jet produced. The Global 6000 started delivering to customers in 2012. There are currently 61 Global 6000 aircraft in operati...

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