News

Ten-year forecast predicts ongoing challenges in emerging markets with continued North America dominance; Gulfstream projected to top OEM revenues with Pratt & Whitney Canada taking top spot for engine OEMs.

OCTOBER 12, 2016 (Raleigh, NC) – Jetcraft, the leader in business aircraft sales, marketing and ownership strategies, today released its second annual business aviation market forecast. The 2016 report calls for 7,879 unit deliveries representing $248 billion in revenues (based on 2015 pricing) to be realized over the next 10 years.

The forecast also examines key macroeconomic trends – a slowdown in wealth creation, the migration of ultra-high net worth individuals (UHNWIs) from emerging market economies and the fluctuation of oil prices – and evaluates the impact such factors will have on the business aviation sector througout the coming decade. Overall, this year’s predictions are lower than last year’s report in terms of deliveries and revenues. Yet, despite challenges, there are bright spots on the horizon led chiefly by continued growth of the North America market.

“Last year, we highlighted the unpredictability of our industry since 2008, and the impact of global events during the past 12 months have certainly continued this trend,” said Jetcraft’s Chairman Jahid Fazal-Karim. “As global factors continue to influence the business aviation market, we are uniquely positioned—through our 20+ offices worldwide—to qualitatively test our forecast’s assumptions and the impact of these global factors on the ground, providing a cumulative view that joins our analysis with real-world business transactions, ” he added.

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On November 6^th, Jetcraft was named Best Aircraft Brokerage by AsBAA during their inaugural Business Aviation Industry Awards Charity Gala Dinner.  The winners were determined by industry votes.

“It is an honour to be recognised for our capabilities in aircraft sales and acquisitions in the Asia Pacific Region,” said Jetcraft Asia President, David Dixon. “When we opened our office in Asia in 2012 we hoped to be the best in the region. Thank you to everyone who voted, and to all of our customers and industry partners who have worked along side of us in Asia over the last three years.  We truly appreciate the support and share this award with all of you.”

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“10 Year Market Outlook” predicts Bombardier will lead the way in aircraft deliveries and revenue; Rolls-Royce’s dominance in engines being threatened by Pratt & Whitney Canada; and Honeywell achieving top market share for avionics

October 20, 2015 (Raleigh, NC) – Jetcraft, the leader in international business aircraft sales, marketing and ownership strategies, today released its first-ever business aviation market forecast. The report delivers an agnostic, non-manufacturer-based perspective on the business aviation sector. The forecast draws on the depth of Jetcraft’s five decades of experience connecting buyers and sellers of business aircraft and its position as the leading authority on aircraft ownership strategies. Jetcraft’s “10 Year Market Outlook” projects not only aircraft deliveries and revenue, but also avionics and engine OEM sales, depicting a complete picture of the whole business aviation industry.

“We wanted to provide an objective, comprehensive forecast of the sector, given our industry’s lack of predictability since 2008, from a viewpoint that no other party could offer,” said Jetcraft’s Chairman Jahid Fazal-Karim. “Our unique position in the transaction process—sitting between buyers and brokers on one side, and OEMs on the other—gives us a unique perspective on one of the most watched sectors globally.”

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Location Will Act as Hub for Latin America Sector

Jetcraft, the global leader in business aircraft sales, acquisitions and trades, today announced the opening of a new international sales office in Mexico.

This move comes in response to Mexico’s rapid growth in the business aviation field, which has cemented its current position as the second largest aviation market in the world.  Ideally located between the US and South America, Mexico benefits from close ties with both regions, attaining an impressive fleet growth of 4.8 percent in 2014.  And the forecast is equally promising.   Recent estimates suggest that 80 percent of the Mexican fleet is more than ten years old, which indicates that jet owners will be considering new purchases and trades in the years ahead.

Officially opened on August 1, the Mexico City office is located in an exclusive business district on 111 Avenida Presidente Masaryk and will serve as a hub for Jetcraft’s expanding Latin American presence.

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As part of Jetcraft’s commitment to the business aviation community we have been busy these last several months on three fronts.

FAA LED Project
Working to make our airspace safer and more accessible

In the latter part of 2014 the FAA formed a special working group representing airports, aircraft certification & safety, lighting and the aviation industry. The working group is addressing the concerns of LEDs currently migrating in to runways and airports all over the world.

Part of this effort is existing and new research centered on the impacts of LEDs on the human eye and how they interact with pilots performing operations at our nation’s airports.

Jetcraft is co-leading a science group that is working closely with flight operations specialists to determine testing that may be required.

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Business Aviation Pioneer Chou Will Jointly Lead Jetcraft’s Regional Efforts In Key Market

Jetcraft, a global leader in business aircraft sales, acquisitions and trades, today announced the addition of Diana Chou as Chairwoman of Jetcraft in Asia.

Ms Chou, who previously founded and led Sino Private Aviation (SPAL) from 1999, will oversee Jetcraft’s overall strategy in Asia. With over 15 years in the industry, Ms Chou brings a wealth of business aviation knowledge and experience to the Jetcraft team based in Hong Kong and will enhance the company’s already unparalleled local expertise in aircraft sales, transactions and marketing.

Chad Anderson, President, Jetcraft said, “Diana joins at a highly opportune time for Jetcraft in Asia. The region is clearly an important one in business aviation and is set to grow in importance in the medium and long term. Diana’s unique experience and background will help us provide clients with the services and aircraft that they demand, not on...

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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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Gold Coast location to service Australia and New Zealand

December 9, 2014 (Raleigh, NC) – Jetcraft Corporation, a global leader in business aircraft sales, acquisitions and trades, is pleased to announce the opening of its new office in Gold Coast, Australia. The new location will amplify service to Jetcraft’s global clientele.

Asia Pacific is soon expected to comprise approximately 10 percent of the worldwide business aviation market. Australia and New Zealand are expected to represent $5.5 billion or 225 new aircraft over the next decade. This impressive growth, combined with an added global presence to better serve clients, spurred Jetcraft to open an office in Australia.

Jetcraft is teaming up with Mick Doohan, well known throughout Oceania as a five time Grand Prix motorcycle racing world champion, who operates an FBO in the Gold Coast and will serve as Jetcraft’s authorized representative for the region.

“Mick brings a unique combination of name recognition, ma...

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