News

Jetcraft is teaming up with Bill Papariella as the exclusive trading partner to the former JetEdge CEO’s new company, AeroVentures.

Chad Anderson, CEO at Jetcraft, says: “With Jetcraft, Bill is taking his global perspective to the next level. He is a recognizable force in this industry and now he has access to a leading transaction team located all over the world that’s backed by proprietary data analytics. Our partnership with AeroVentures will allow him to better serve the demands of his clients, and his strategic aircraft investments.

“For Jetcraft, AeroVentures gives us access to Bill’s extensive network supported by strong credit lines, creating even more opportunities for our customers to continue transacting at the Speed of Life. We’re looking forward to a fruitful relationship.”

AeroVentures is an investment firm uniquely focused on innovating and evolving the world of global aviation through direct equity and credit investments to leading businesses providing technology, service, and infrastructure solutions to the business aviation industry. AeroVentures’ unmatched expertise and unique vision provides investment partners from across the world with opportunities to foster strong long-term growth. The distinguished experience of their portfolio management team and CEO Bill Papariella in the global aviation industry distinctly positions AeroVentures as a powerful new investing partner in the private aviation category.

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Jetcraft is expanding its presence throughout the Americas, appointing Alejandro Noriega as a Sales Director based in Mexico. Noriega’s appointment follows three senior Americas sales hires in recent months and the acquisition of North American broker, CFS Jets, as demand in the region remains strong.

After more than a decade trading aircraft at Aerolineas Ejecutivas (Ale), Noriega will now act as a sales specialist for Jetcraft customers in Mexico, Central America and the Caribbean.

Dan Kilkeary, SVP Sales, Americas, says: “Business aviation continues to soar in Latin America and Alejandro’s appointment builds upon Jetcraft’s recent hire in Brazil, with our thriving team supporting growth in the region."

“As a seasoned professional, Alejandro has been responsible for global transactions across all aircraft segments during his nearly 15 years at Ale. His regional insight ensures we can negotiate the best deals for our customers and locate aircraft that others can’t...

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Today, at the Paris International Air Show, De Havilland Aircraft of Canada Limited (De Havilland Canada) and Jetcraft Commercial signed a Purchase Agreement for Jetcraft Commercial to acquire 10 new DHC-6 Twin Otter® Classic 300-G™ aircraft.

“We are proud to work with Jetcraft Commercial on a global leasing solution and welcome them to the DHC community as a launch customer for our newest aircraft, the DHC-6 Twin Otter Classic 300-G,” said Brian Chafe, Chief Executive Officer, De Havilland Canada. “With the same rugged airframe, the lighter weight DHC-6 Twin Otter Classic 300-G will deliver increased payload range and decreased operating costs for our customers. De Havilland Canada is once again driving the utility transport aircraft market forward.”

“We believe that the DHC-6 Twin Otter Classic 300-G represents the best in-class commuter aircraft solution,” said Raphael Haddad, President of Jetcraft Commercial. “This versatility enables the aircraft to ope...

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The aviation specialist predicts a total of 11,429 transactions representing $74.4B in revenue over the next five years 

The return of the corporate buyer has played a key role in driving unprecedented business aviation demand, according to new research from Jetcraft, the global leader in business aircraft sales and acquisitions. 

Ever Forward, Jetcraft’s 2023 Pre-Owned Business Jet Market Forecast reveals that continued growth is predicted for the years ahead, despite an inevitable market correction in 2023, setting new annual benchmarks for volume and value. In 2022, transaction values hit a record $16.3B, driven in part by the resurgence of corporate aviation, following a dip during the pandemic. 

Jetcraft’s data shows that the share of Jetcraft buyers coming from the corporate sector reached 60% in 2022, demonstrating the value corporations place on jet ownership.

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Jetcraft has appointed Colin Dunne as Sales Director for its US Midwest territory. Dunne’s promotion is the latest in a series of strategic organizational enhancements allowing Jetcraft to better support industry growth and demand from clients across the Americas.

In his new role, Dunne will draw on more than a decade of experience to act as a dedicated specialist for aircraft owners and buyers, collaborating with Jetcraft’s 80+ team of global advisors around the world.

Dunne joined Jetcraft as Sales Manager in 2019, based out of the company’s London HQ.  Throughout his tenure, he has helped facilitate over $1b in closed aircraft transaction value, while building and maintaining relationships with aircraft owners, operators and industry partners in Northern Europe and the Middle East. He previously held roles across the aerospace, energy and construction industries in a mix of design engineering, project management and business development capacities, including two-years working with aircraft owners, airlines, lessors and MROs at AerData/Boeing. Dunne holds an Engineering Degree from Trinity College Dublin, an MBA from University College Dublin Michael Smurfit Graduate Business School and a Certificate in Aviation Leasing and Finance.

Dan Kilkeary, SVP Sales, Americas at Jetcraft, says: “Colin has the expertise to ensure we continue to exceed client expectations across the Americas. He already has a deep understanding of how Jetcraft operates from his time working with us in EMEA, so he’s perfectly positioned to make an immediate impact in his new territory and demonstrate our unmatched ability to sell aircraft at the Speed of Life.

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Jetcraft Commercial, the commercial division of Jetcraft, is announcing the delivery of two of three ATR72-600 aircraft sold to Uzbekistan Airports, acquired from Bangkok Airways.

Uzbekistan Airports will place the aircraft with its recently launched community airline, Silk Avia, which will deliver a passenger route network from the capital, Tashkent, to regions (hub-to-point) as well as serving domestic flights between regions (point-to-point).

Raphael Haddad, President, Jetcraft Commercial, says: “Regional turboprop aircraft types are well-suited to meet the needs of Uzbekistan Airports and SilkAvia due to their lighter structures, optimized speed and engines designed for short segments. These factors will ensure SilkAvia meets the growing demand for domestic travel and support Uzbekistan’s booming tourism sector. We have deep expertise in swiftly and efficiently structuring and closing complex transactions of numerous aircraft between multiple parties at Jetcraft Commercia...

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Jetcraft acquires CFS Jets; becomes largest international business aircraft specialist.

Jetcraft, the global leader in business aircraft sales, acquisitions and trading, has acquired Corporate Fleet Services (CFS Jets), a prominent business aviation firm specializing in the turboprop, light and midsize jet markets.

Peter Antonenko, President, Jetcraft, says: “For more than 60 years, Jetcraft has been setting the standard in business aircraft transactions, placing a sharp focus on super-midsize, large, and ultra long range jets. With the addition of CFS Jets, our product expertise is the most diverse in the industry, surpassing that of all other brokers and manufacturers, while bringing customers nearly a century of experience, more than 100 dedicated global advisors and the largest number of exclusive jet listings.”

Now “powered by Jetcraft”, CFS Jets is offering its client base greater access to the super-midsize and large jet categories. Both companies are continuin...

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Jetcraft has appointed Gerald Hooper and Laurence Vidal to senior sales roles in the Americas. The executive hires position Jetcraft to meet customer demand throughout the continent and further expand the company’s on-the-ground market intelligence.

As Aircraft Sales Director, Hooper will lead Jetcraft’s business development in the US West Coast territories, including Northern California, Oregon, Washington and Idaho. Prior to joining Jetcraft, Hooper was Director of Aircraft Sales and Acquisitions at Executive Aircraft Services (EAS), working with corporate clients and aircraft worldwide.

Based in Brazil, Vidal joins Jetcraft as Sales Representative and will oversee the South American territories, including Chile, Argentina, Uruguay, Brazil, Bolivia and Paraguay.  Vidal has held positions at leading OEMs, including an eight-year tenure at Bombardier Aerospace where she formulated business strategies to drive market share in the Brazilian executive aviation market.

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Jetcraft Commercial has appointed Scott Symington as Vice President, Asset Management. The appointment strengthens the industry-leading asset management expertise within commercial, with Symington bringing more than 30 years’ experience to the role.

Raphael Haddad, President, Jetcraft Commercial, says: “Scott is a first-rate aviation professional and we’re looking forward to benefitting from his extensive experience, which includes driving commercial performance through the management of large, international teams at the highest level. We’re confident that Scott’s appointment will further underline Jetcraft Commercial’s status as the partner of choice when it comes to managing aircraft assets.”

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