A conversation with Jetcraft CEO Chad Anderson
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Executive & VIP Aviation International , November 2013
In August, Jetcraft Corporation and ExecuJet Group announced that Jetcraft had acquired ExecuJet’s business aircraft sales division. The rationale for the deal was simple: it would benefit both organisations’ clients “by offering the largest selection of quality new and pre-owned business aircraft from around the globe”. In many ways ExecuJet disposing of its sales arm simply followed the trend of large FBO/aircraft management businesses deciding to focus on their core revenue generation activities and free up senior management time from the complexities of selling into a difficult environment. We have seen this theme before with TAG Aviation and others. Unlike ExecuJet, Jetcraft specialises solely in new and pre-owned sales and the deal now makes it the largest aircraft brokerage on the planet.
Q: When did the idea for this acquisit...