Jeremy Mowrey, Production Artist, Jetcraft
Location: Raleigh, NC, US

How long have you been at Jetcraft?

I have been with Jetcraft for about 5 years. I started out as a temporary contractor and never left!

What are your responsibilities within the global Jetcraft team?

I am the Production Artist in the Marketing department. I maintain the ebrochures and online inventory for all aircraft listings, support advertising efforts with any graphics needed, and also assist with event materials.

Describe a typical day or week in your role.

I work with the Sales team in putting together/updating marketing materials (e-brochures, eblasts, magazine ads, website listing, etc.) to promote our aircraft inventory and company branding. Every day is different depending on whether an event is coming up or if an advertisement is due. The one consistent thing is that I am always working with the Sales and Sales Engineer team to ensure that our listing materials are up to date.

What do you love most about your job?

I enjoy using my graphic design background in a fast paced, task-oriented environment. The team that I work with is a lot of fun and the bizav industry is exciting to be a part of.

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Product Overview

The Falcon 2000 is a twin-engine French-made business jet and is essentially a slightly smaller development on the Falcon 900 trijet, with United States transcontinental coast to coast market range.

The Falcon 2000 jet comes with fault monitoring and digital diagnostic systems, which help the mechanic in troubleshooting and repair work.  Most parts of the airplane are positioned to be easy for mechanics to reach and maintain.  The Falcon 2000 was designed to spend as little downtime in the shop as possible.

As of October 2018, 84% of Falcon 2000 aircraft were purchased pre-owned by their current owners, the other 16% new. 10.4% are for sale with the majority of those (77%) under an exclusive broker agreement. When for sale, the average time on the market is 196 days.

Brief History

Dassault introduced the Falcon 2000 as the Falcon X in 1989 and carried out the development of the aircraft in partnership with Alenia. The first flight came in 1993 with entry into service in 1995. A total of 231 Falcon 2000 business jets were built, 1 is retired.

The Falcon 2000 was the first private jet that Dassault designed without a physical model.  Its design was completely digital, created by Computer Aided Three-dimensional Interactive Application (CATIA) software. This software helped improve aerodynamic structure and simplified the airplane’s systems.

Worldwide Appeal

There are 230 Falcon 2000 aircraft in operation today. Most of these are wholly owned (199) with 9 in shared ownership and 22 in fractional ownership. 8% are currently leased. North America has the largest percentage of wholly owned Falcon 2000 aircraft (78%), followed by Europe (9%), and Asia (8%). NetJets has the largest fleet of Falcon 2000 aircraft (17).

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How findings from our 10-year market forecast reflect real-world trends in the private jet market

The annual NBAA-BACE trade show is defined by one thing – an industry-wide interest in, and passion for, aviation.

Which is why Aerion’s announcement – that the first transatlantic supersonic jet since Concorde would soon be taking to the skies – was greeted with such enthusiasm at this year’s show. Aerion announced that the jet is on track to fly in June 2023, with the first transatlantic crossing the same year, 20 years after the celebrated Concorde flew its last.

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The faster-than-sound business jet will undoubtedly be a market disruptor, particularly given its anticipated intercontinental capabilities, which will be a key indicator of its market performance. According to Jetcraft’s new 10-year market forecast, those regions where business needs are increasingly globalized will take the lead in terms of unit deliveries. North America is set to account for 60% of deliveries (5,241 units) over the forecast period, with Europe taking second place at 18% (1,572), and Asia Pacific third at 13% (1,136).

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Matthieu Barthlen, former Sales Engineer, Jetcraft
Location: Zurich, Switzerland

How long have you been at Jetcraft?

I started working for Jetcraft in October 2017, so it has been a little over a year.

What are your responsibilities within the global Jetcraft team?

I provide technical and sales support to Philipp Wieser in Central Europe, Guillaume Chamoin in Southern Europe/Northern Africa, Danie Joubert in Africa, and any other Sales Director in EMEA as needed. I assist with aircraft valuation analysis, building and updating specifications, coordinating marketing, aircraft viewing or inspections, etc.

Describe a typical day or week in your role.

I usually start by reviewing my emails in order to prioritize the tasks for the day. The support tasks I provide to the EMEA team varies a lot and it can involve being at my desk to gather needed information or travel for a records review or aircraft viewing.

What do you love most about your job?

I enjoy dealing with a large diversity of business aircraft models and contributing to the global success of Jetcraft.

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Product Overview

The Cessna Citation Sovereign was designed to provide overall excellent performance while allowing exceptional comfort for passengers. It was first introduced as a high-performance jet to plug the gap between the Excel/XLS and Citation X, but its claim to fame is that it can take-off and land at short distances thanks to a moderately swept high-aspect ratio wing.

As of August 2018, 58% of the Citation Sovereign aircraft were purchased pre-owned by their current owners, the other 42% new. 3.7% are for sale with half of those (54%) under an exclusive broker agreement. When for sale, the average time on the market is 344 days.

Brief History

The Cessna Citation Sovereign was first unveiled in 1998 at the NBAA Annual convention in Las Vegas, Nevada and the first flight took place in February 2002. FAA certification was awarded in June 2004 and customer deliveries began later that same year. Production of the Citation Sovereign ended in 2013 as the Sovereign+ began deliveries. A total of 350 Citation Sovereign business jets were built, 1 is retired, 1 is at the manufacturer.

Worldwide Appeal

There are 348 Sovereign aircraft in operation today. Most of these are wholly owned (288) with 16 in shared ownership and 44 in fractional ownership. 9.5% are currently leased. North America has the largest percentage of wholly owned Sovereign aircraft (72%), followed by Europe (11%) and South America (6%). NetJets has the largest fleet of Sovereign aircraft with 44.

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At the AsBAA Icons of Aviation Awards Charity Gala Dinner on November 10, 2018, Jetcraft Asia was awarded the Best Aircraft Sales Broker 2018 for an unprecedented fourth year in a row. Presented by the Asian Business Aviation Association (AsBAA), the annual awards are voted on by industry members.

"We would like to thank our industry peers and all members of AsBAA for their vote of confidence in Jetcraft for the past four years and beyond," said Jetcraft Asia President, David Dixon. "We will continue to work hard to meet and exceed your expectations and to stay focused on our core strengths – delivering the best in the business of aircraft sales, acquisitions and trading. I am personally humbled and honored by your support."

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Forbes.com, November 2018
Story by Bridget Arsenault

With more than 20 offices worldwide and 55 years of experience Jetcraft is one of the true leaders in private aviation. With new jet share companies disrupting the market – creating an Uber-like marketplace in the elite world of private travel, Jetcraft continues to offer its experience and expertise to that top percent looking to purchase a private plane. Having accrued unparalleled industry expertise and understanding of the varied global markets in which they operate, has made Jetcraft a leader in aircraft sales, acquisitions and trades. We spoke with the company’s current owner Jahid Fazal-Karim to understand the nuances behind what he does and how he’s built such a successful company.

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How findings from our 10-year market forecast reflect real-world trends in the private jet market

This year’s NBAA-BACE trade show in Orlando was marked by an industry-wide feeling of confidence.

The show coincided with our fourth annual 10-year business aviation market forecast, which reaffirms the optimism felt by show exhibitors and attendees. According to the forecast, steady growth in the private jet industry is set to continue, with 8,736 unit deliveries representing $271 billion in revenues (based on 2018 pricing) anticipated over the next 10 years.

Now that we’ve successfully navigated through our industry’s most difficult period, OEMs are again using trade shows to make a statement about their place in the industry. In Orlando, Embraer took early news headlines with the announcement of two new aircraft, the Praetor 500 and 600, both of which made their world debut on the hot tarmac of the static display.

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Product Overview

The Challenger 300 is a mid-size business jet offering long-range capabilities in a typical eight-passenger cabin and promising passenger comfort, performance, reliability, and good operating economics. In the 1990’s business jet manufacturers envisioned the super-midsize category and the Challenger 300 was Bombardiers response to that vision.

As of August 2018, 50% of the Challenger 300 aircraft were purchased pre-owned by their current owners, the other 50% new. 4.8% are for sale with the majority of those (82%) under an exclusive broker agreement. When for sale, the average time on the market is 149 days.

Brief History

The Challenger 300 was launched at the Paris Air Show on July 13, 1999, at which time it was called the Bombardier Continental. It was a clean sheet design assembled in Bombardier’s Learjet plant at Wichita Mid-Continent airport, Kansas. The jet was renamed in September 2002 after much debate about which category (Learjet, Challenger, or Global) the new aircraft fit into. FAA type certification was received in June 2003, with entry into service in January 2004. A total of 457 Challenger 300 aircraft were manufactured, 2 are retired and 1 is at the manufacturer.

Worldwide Appeal

There are 454 Challenger 300 aircraft in operation today. Most of these are wholly owned (412) with 9 in shared ownership and 33 in fractional ownership. 11% are currently leased. North America has the largest percentage of wholly owned Challenger 300 aircraft (84%), followed by Europe (8%). Flexjet has the largest fleet of Challenger 300 aircraft (32).

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