Jetcraft

Overview including differentiating features from other aircraft in its category

The Learjet 45XR is the upgraded version of the Learjet 45 super-light sized business jet. It offers higher takeoff weights, a faster cruise speed, and a faster time to climb rate compared to its predecessor.

As of August 2014, the Learjet 45XR market is comprised of 41% pre-owned. The percentage for sale is 8% with 88% under an exclusive broker agreement and average days on the market are 260 days.

Brief History

The Learjet 45XR was first introduced in 2003 and ended production in 2012. During that time a total of 208 Learjet 45XR jets have been produced with all but 1 remaining in production.

Worldwide Appeal

Of the 208 Learjet 45XR jets in operation by continent, North America has the largest percentage at 71%, followed by South America at 10% for a combined total of 81%. Also, 30% of the 208 Learjet 45XR jets in operation today are in fleet ownership with the largest fleet operator (Pe...

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The FAA defines a maintenance program as "the performance of tasks required to ensure the continuing airworthiness of an aircraft, including any one or combination of overhaul, inspection, replacement, defect rectification, and the embodiment of an alteration or repair."

So each of these items must be addressed by all aircraft owners and operators.

Maintenance is part of ownership and one of the biggest factors to consider when buying or even selling an aircraft. This is especially true in the pre-owned sector – which is why Jetcraft recommends that all customers take advantage of a maintenance program to service their investment.

Proper maintenance tracking and planning is the key to operating an aircraft safely and efficiently. Maintenance programs take one of the most important and time-consuming elements of private ownership out of the hands of the operator and into the care of a trusted expert. These service providers keep track of inspections, component replacements and new FAA...

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Cara VanDell, Transaction Manager, Jetcraft

Location: Minneapolis, MN, USA

[email protected]       +1 919 941 8400

How long have you been at Jetcraft?

I have been with Jetcraft Corporation as the Transaction Manger for nearly four years already.  You know what they say…time flies when you are having fun!

What are your responsibilities within the global Jetcraft team?

As Transaction Manager, I am responsible for ensuring everything is in place for a successful aircraft closing.  My involvement in a transaction begins when a listing agreement or letter of intent is signed, and continues throughout the contracting process and subsequent closing.  It is very detail-oriented work, anything from making sure the proper number of original documents are in place, down to ensuring what color ink was used to sign them!  In addition, I am responsible for figuring out the financial breakdown of the sale proceeds for the seller’s benefit.

In dealing with regist...

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Overview including differentiating features from other aircraft in its category

The Citation brand encompasses six distinct families of aircraft. The Bravo came from the Citation II family. As the successor to the Citation II, the Bravo features more powerful and more fuel-efficient PW530A engines, resulting in a higher MGTOW, a faster cruise speed and longer range.

As of February 2014, the Citation Bravo market is comprised of 100% pre-owned. The percentage for sale is 12.3% with 54% under an exclusive broker agreement and average days on the market are 334 days.

Brief History

The first flight of the Citation Bravo took place on April 25, 1995. The last Citation Bravo rolled off the production line over a decade later in late 2006. During that time, a total 336 Citation Bravo aircraft were built from 1997 to 2006 with 333 in operation today.

Worldwide Appeal

Of the 333 Citation Bravo aircraft in operation by continent, North America has the largest percentage at 66%,...

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Industry Veteran Raphael Haddad to Lead Jetcraft Commercial

January 16, 2015 (Raleigh, NC) – Jetcraft, a global leader in business aircraft sales, acquisitions and trades, today announced the launch of a new commercial aircraft sales and leasing division.

Jetcraft Commercial will capitalize upon Jetcraft’s existing worldwide presence and network to offer  clients a nimble and dedicated partner within the commercial aircraft sales and leasing community. The new division is focused on procurement and placement of commercial aircraft globally and development of current and new relationships with commercial aircraft leasing organizations.

Jetcraft Commercial will be led by industry veteran Raphael Haddad as President, Jetcraft Commercial. Mr. Haddad joins Jetcraft after a long tenure with Bombardier, where he most recently held the position of Vice President of Sales for the Middle East and Africa. Mr. Haddad brings a track record of multi-billion dollar sales achievements ...

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There are many reasons why early in the year is the ideal time to visit Abu Dhabi, Dubai’s low-key, easy-going sibling. At that top of the list is weather. This capital city of the United Arab Emirates promises much more manageable temperatures (around the low 20s Celsius/high 60sF) in the new year than during the sweltering seasons. After all, just beyond the city and its gorgeous setting along the Persian Gulf is pure desert.

Plan to take advantage of Abu Dhabi's diverse, appealing offerings regardless of when you go:

Sheikh Zayed Grand Mosque Center

A vacation to Abu Dhabi is not complete without seeing the majestic Sheikh Zayed Grand Mosque (pictured). The largest mosque outside Mecca or Medina, it is a stunning and reverent architectural center. The Mosque is closed for tourism during worship on Friday morning to 5:00 pm, but general visiting hours are available Saturday through Thursday from 9am and 10pm.

Heritage Village

For a true glimpse of pre-oil, historical...

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AvBuyer Magazine, January 2015 by Ken Elliott

Download a PDF of the article.

For the next 12 months Ken Elliott will be navigating the complex world of avionic mandates, offering a comprehensive, clear, 360 degree view of NextGen and all that comes with it...

While we will be using the term ‘mandate’ within the following series, the context first needs to be explained. In this series the terms ‘mandates’, ‘requirements’, ‘recommendations’, ‘rules’ or ‘operational guidance’ may be used interchangeably because in reality, they are interpreted much the same by transport authorities.

Mandates from an operator’s perspective are requirements to be complied with in order to complete mission profiles. For a light jet operator domestically-based and flying regionally there will be less compliance needs than for an intercontinental large cabin operator flying across different controlled airspaces.

Even when not mandated to equip, though, an operator desiring additional ...

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Overview including differentiating features from other aircraft in its category

The Gulfstream GIV and GIV-SP is a significantly improved, larger, longer-range and advanced development of the earlier GII and GIII. The most significant improvement with the GIV and GIV-SP over the earlier Gulfstream models is the Rolls-Royce Tay engines, which bring significant fuel burn and noise emission improvements despite their higher thrust output than the GII and GIII Spey engines.

Other changes included a stretched fuselage, and aerodynamically and structurally improved wing with 30% fewer parts, greater fuel capacity and range, increased span tail and an advanced EFIS avionics suite with six color CRT displays.

The Gulfstream GIV-SP, large cabin Business Jet, gross takeoff weight is 1,400 pounds increase over the GIV. Like the GIV it employs a Goo­dyear Aerospace brake-by-wire system and a Dowty fail-passive steer-by-wire system, making pilot maneuverability easier.

Up to 19 passeng...

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Jetcraft is expanding rapidly in the continent by turning challenges into opportunities and adding a local touch to customer service

Everyone realizes that business aviation is a global industry that reaches across the entire planet. But in recent years, the industry has turned its attention to Africa as private aircraft ownership has truly taken off in this relatively new market.

Economic growth has driven much of this increase as the continent’s economy has been surging by about 5 percent annually, which is a rate expected to continue through 2015. Private jet ownership is also expected to grow at the steady pace of 5.6 percent over the next two decades according to a recent report issued by Boeing.

So why is Africa enjoying a boom in private jet ownership?

There are several elements spurring this growth. Africa is among the fastest rising private aviation markets due to a strengthening economy and a related increase in high net worth individuals (HNWI). The ultra-high...

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