News

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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Jetcraft has become carbon-neutral through an ambitious partnership with carbon offsetting and compliance solutions experts, Azzera.

Working with Azzera, Jetcraft has removed 3,596 verified tonnes of greenhouse gas emissions from the atmosphere, matching 100% of its own emissions, while investing in a variety of projects that deliver positive, environmental, developmental and social change around the globe. In 2022, the company supported forest conservation projects in North Carolina and Papua New Guinea and wind power supplies in South Africa.

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In 2022 Jetcraft celebrated 60 years in business. Our Founder Bucky Oliver and our Owner and Chairman Jahid Fazal-Karim got together to talk about Jetcraft, our history and pivotal moments along the way.

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Jetcraft has named Idriss Abdelaziz as Sales Director. The appointment strengthens Jetcraft’s established footprint in EMEA, with Abdelaziz bringing extensive regional knowledge and market intelligence.

Before joining Jetcraft, Abdelaziz was Managing Partner at Swiss-based jet broker, AeroProp, following an eight-year career in investment banking. As Sales Director, Abdelaziz will manage Jetcraft’s sales, acquisitions and trades across 19 territories, including France, Benelux, Southern Europe and Northern Africa.

Pascal Bachmann, SVP Sales, EMEA at Jetcraft, says: “EMEA is an important market poised for continued growth.  According to our latest forecast,  the share of Jetcraft buyers under 45 has risen by 20% in the last five years, largely driven by activity in this region, and the UHNWI population in Europe, the Middle East and Africa is expected to grow 24% and 21% respectively by the year 2026. We look forward to working with Abdelaziz and drawing upon his experienc...

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Jetcraft is taking the next step in business aircraft sales, acquisitions and trades by establishing the first business aviation lounge in Decentraland, joining luxury brands including Louis Vuitton and Ferrari in the most prominent of the Metaverse platforms.

The Metaverse and Web3 are the new places to do business, with their growth expected to nearly double by 2024, according to Bloomberg Intelligence. Earlier in 2022, Decentraland held the first Metaverse Fashion Week, providing luxury retailers with pop-up stores, and users the opportunity to invest in NFT wearables and limited-edition pieces for their avatars.

Lauren Kinelski, Vice President Marketing, Jetcraft says: “Clients turn to Jetcraft for an unmatched international presence and local insight in every key region. Our sellers reach the widest global network of qualified aircraft buyers, and our buyers gain access to the largest aircraft inventory in the industry. We’re well covered in the physical world, with more...

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2022 marks a variety of significant milestones for Jetcraft, particularly for David Dixon, president of Jetcraft Asia.

This year sees David celebrate his 70th birthday, as well as his Golden Aviation Jubilee - 50 years in the industry. Throughout this career, David has continuously expressed his enthusiasm for aviation and selling aircraft to a vast range of customers.

Prior to specializing in business aviation at Jetcraft, David was involved in airliner and bush aircraft transactions. A self-proclaimed ‘aviation geek’, David has a passion for all aircraft types, particularly Spitfires, and will continue to work in the industry for as long as he can.

At Jetcraft, David’s career highlights include opening the Hong Kong office – the company’s first in the region, and growing Jetcraft’s market presence in Asia which paved the way for the more recent addition of a second office in Singapore.

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Jetcraft is releasing Ever Forward, its 5-Year Pre-Owned Business Aviation Market Forecast, identifying significant market opportunities and global trends.

View the detailed chart in our forecast

Chad Anderson, Chief Executive Officer, Jetcraft says: “This year’s report predicts that, after stabilizing in the wake of a post-COVID surge, pre-owned transactions should maintain their new higher base and growth rates, reaching 10,921 transactions valued at $66.6B over the forecast period.

2021 was a record year for business aviation, with an annual total pre-owned transaction value of $14.5bn, a near 40% increase on 2020, principally driven by Large and Midsize jet purchases. Despite an equally strong performance in early 2022, Jetcraft predicts the market will soften with normal depreciation levels resuming in 2023.

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Jetcraft is expanding its presence in the Americas with the appointment of Preston Jasper and Derek Long as Sales Executives.

Dedicated aviation specialists, Jasper and Long join Jetcraft with a combined experience of nearly 20 years in business aviation and financial services.

Jasper joined Jetcraft in 2019 after starting his career in corporate finance – beginning his Jetcraft tenure as a Sales Engineer before later moving up to Sales Manager. Based in Minneapolis, MN, Jasper will oversee Jetcraft’s strategic client partnerships in the mid-west US region.

Long joins Jetcraft following a 14-year career in banking and business development, including a decade-long tenure at PNC. Based in Atlanta, GA, Long will drive Jetcraft’s aircraft sales and acquisitions in the mid-Atlantic US.

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Jetcraft Commercial is announcing delivery of the first five of eight Bombardier CRJ1000’s to an undisclosed customer.

These deliveries are taking place following Jetcraft Commercial’s acquisition of 14 Bombardier CRJ1000 aircraft from HOP! Air France in March 2022.

Raphaël Haddad, President of Jetcraft Commercial, says: “With low operating costs and greater fuel efficiency, the CRJ1000 aircraft is ideal for meeting the needs of growing regional airlines. We are proud of Jetcraft Commercial’s proven capabilities in structuring and closing the transaction of numerous aircraft in a swift and efficient manner and we are confident that the remaining CRJ1000 aircraft in our inventory will be placed in the coming months.”

Jetcraft Commercial launched in 2015, capitalizing on Jetcraft’s existing international presence and experience to offer clients an agile partner within the commercial aircraft sales and leasing community. With a diverse inventory, featuring aircraft f...

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