Product Overview

The Learjet 60XR, a mid-size cabin, medium-range business jet aircraft, is the largest of the Learjet family with new fuel-efficient engines, a wider, stretched fuselage, and a glass cockpit. Thrust reversers and single-point refueling are also standard equipment, and the aircraft features a full galley, together with an aft lav.

The Learjet 60XR fleet is evenly split in terms of whether they were purchased new or pre-owned. As of August 2015, 51% of the Learjet 60XR aircraft were purchased pre-owned by the current owners, the other 49%, new. 12.3% are currently for sale with the majority of those (71%) under an exclusive broker agreement. When for sale, the average number of days a Learjet 60XR remains on the market is 478.

Brief History

The original Learjet 60 was announced in October 1990 as the replacement for the mid-size Model 55C, from which it derived several of its key features.  Production of the Learjet 60 ended in 2007 following completion of 3...

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Jetcraft’s first-ever business aviation market forecast (free to download here) projects North American dominance of the global market throughout the coming decade. As the infographic above shows, aircraft deliveries to customers in North America are forecast to outpace the rest of the world combined, with 54% of the market.

Key analysis:

Our forecast is a bit different than some of the other business aviation market forecasts. Other forecasts are more optimistic about performance outside of North America, with many predicting deliveries from the rest of the world between 60-65% throughout the next 10 years. Jetcraft’s forecast sees North America leading the way, outperforming the rest of the world combined through 2024.

Our forecast also modulates a bit the emphasis on Asia-Pacific as a growth driver. Some of the softening of Asia-Pacific overall is due to the recent slowdown of the fast pace of economic growth in China, the nation that has been the primary driver of ai...

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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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Often known as “Jo’burg” or “Jozi” by locals, Johannesburg is experiencing a true renaissance at the moment.  Energetic and ever-changing, this dynamic African city fairly vibrates with music and buzzes with new business.  A once-maligned metropolis, with a reputation that dissuaded tourists from visiting, currently Jo’burg is much like the blooming lilac jacaranda trees (pictured) that flourish at this time of year; it is coming alive again. Indeed these blossoming flowers which line the boulevards of the sprawling city are a beautiful symbol of the city’s transformation.

Jo’burg today is a place of complicated contrasts; with chrome and glass high-rises soaring beside houses in an Edwardian or Victorian style, and in the affluent suburbs, stunning private homes lie behind towering fences not far from the tiny shoebox houses of the massive Soweto township.  For the visitor, there is a wide array on offer.  Packed with stylish restaurants, elegant shops, and impr...

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AvBuyer Magazine, October 2015

by Ken Elliott

Helping you understand avionics advances and related requirements for equipage, Ken Elliott reviews aviation technologies within the NextGen/SESAR architecture for AvBuyer, this month focusing on data to inform.

Nature seems to have a way of moving forward in its evolution by deliberately imprinting a certain amount of unpredictability into its design. If you have ever studied Nature’s most perfect creations, you will notice imperfections that support this hypothesis. These apparent anomalies possibly trigger building blocks of natural selection. Unfortunately, even though an integral part of Nature, humankind has not quite grasped this characteristic of natural phenomena and continues to strive for the ultimate in perfection in all of its activity.

So, as we slowly understand and attempt to perfect the world around us, we continue to grapple with the unpredictability of the natural world. For aviation, there is the inability to...

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Raphael Haddad, President – Jetcraft Commercial
Location: Montreal, Canada
[email protected]    +1 416 276 8295

How long have you been at Jetcraft?

I joined the Jetcraft team in January 2015 as the President of Jetcraft Commercial.

What are your responsibilities within the global Jetcraft team?

I am the focal point of anything related to commercial aircraft activity within the Jetcraft group. My focus is on aircraft that are for passenger service, not designated to be a VIP service. I work mainly with airlines and occasionally with corporations or on aircraft for military application.

I help customers and financiers (lessors or banks) to sell inventory that they have and to acquire inventory that they need.

My role is to facilitate transactions that meet the requirements and satisfy our customers, both buyers and sellers, and remains consistent with the high level of service that Jetcraft has extended to its existing customer base over the last 54 years.

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Written by Scott Plumb, Jetcraft's former Senior Vice President of Sales

In the United States, “For Sale by Owner” (or FSBO) is a growing trend in residential real estate. Where the notion of buying or selling your own home without the use of a professional realtor or attorney would have been less common 20 years ago, these days as many as ten percent of US home sales are of the FSBO variety, according to the National Association of Realtors. The growth of the Internet as a powerful sales and listing tool are major drivers behind this trend in residential real estate, and in the purchase and sale of any goods or services, in the US and elsewhere. The Internet has made information more abundant, accessible, targetable and powerful for everyone, helping to foster the notion that anyone can be an educated buyer or a seller, and save the money otherwise paid for the guidance of experienced professionals.

Has the Internet done the same thing for the buying and selling of private a...

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Written by Scott Plumb, Jetcraft's former Senior Vice President of Sales

You have chartered several times, and you enjoy the flexibility that private aviation offers; the ability to travel productively and safely with colleagues and family, and still make it back to the office or home with time to spare. You are ready to consider the next step in private aviation – aircraft ownership.

Years ago, the trading of private aircraft was as simple as buying any other high-value asset, but in today’s more complicated world of licencing, tax credits and legal regulations,  merely contemplating this particular multi-million dollar purchase can be slightly nerve-wracking.  Many first-time buyers are intimated at the thought of such as large investment, with risk mitigation at the forefront.  And once your decision is made, how does one go about taking ownership of an aircraft? Here is a walkthrough of the acquisition process.

The first step begins with a series of face-to-face mee...

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Just 100 kilometres to the south of Sicily lies one of the loveliest locations in the world: the Maltese archipelago.  With more than 300 sunny days a year and surrounded by clear blue waters, Malta offers the very best of the Med within its three islands: Malta, Gozo (Azure window pictured), and Comino, including sandy beaches, beautiful scenery, stylish hotels and a warm, dry climate year round.  There is also the small matter of its incredible 7,000 year history; it is frequently described as one big open-air museum.  In fact, Malta has a greater density of historic sights than any other country in the world, with prehistoric temples, the world’s earliest stone buildings, Roman catacombs, medieval towns, ornate baroque churches, narrow Old World streets, and hilltop citadels – all working together to create an arresting effect of striking, honey-colored stone set against the deepest of Mediterranean blues.  Truly, here the scenery and architecture provide a spectacular backd...

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