News

David Dixon a business aviation veteran with nearly 40 years of industry experience

Download article in PDF format »

RALEIGH, NC and HONG KONG, June 6, 2012 – Jetcraft Corporation, a provider of business aircraft sales, acquisitions, trading and brokerage services, today officially announced the appointment of David Dixon as President, Jetcraft Asia.

Mr. Dixon’s mandate is to manage overall operations and lead sales initiatives for Jetcraft Asia, spanning a territory from Beijing to Sydney. A UK national, David Dixon has been based in Asia for more than 30 years. Previously in his career, Mr. Dixon was Bombardier Business Aircraft’s Regional Vice President, Asia Pacific.

“We are delighted to welcome David to the Jetcraft team,” says Jahid Fazal-Karim, Co-Owner and Board Member, Jetcraft Corporation. “He is a true veteran of business aviation and few others know more about the Asian market. Having established Jetcraft’s formal presence in Asia earlier this year, I cou...

Read more →

New business unit Jetcraft Asia to best serve clients by blending industry expertise with regional market knowledge

RALEIGH, NC, Feb. 28, 2012 – Jetcraft Corporation, a provider of business aircraft sales, acquisitions, trading and brokerage services, today announced the opening of a new office in Hong Kong, China, under the Jetcraft Asia banner.

“We believe that this is the right time to establish a permanent presence in Asia,” says Chad Anderson, President, Jetcraft Corporation. “While we have been active in the region for years, we have done so without a formal presence. Based on the projected growth of the Asian – and particularly the Chinese – market, we are now directly serving the region. By blending our proven approach to business aircraft sales with a team of Hong Kong-based industry professionals, we believe that Jetcraft Asia will offer buyers and sellers superior market intelligence and an in-depth understanding of regional business and regulatory issues. ...

Read more →

Rapid growth of Asian-registered fleet of new aircraft represents compelling business opportunity

RALEIGH, NC, Feb. 1, 2012 – Jetcraft Corporation, a provider of business aircraft sales, acquisitions, trading and brokerage services, today commented on the state of the business aviation market in Asia.

“Few would dispute that Asia is one of the hottest markets for sales of new long range/large business aircraft,” says Chad Anderson, President, Jetcraft Corporation. “Looking at our sales figures for 2011, Jetcraft sold about a 20% new and 80% pre-owned mix of aircraft worldwide – with most new aircraft sales going to clients in China, Singapore, Malaysia and Indonesia. We expect sales of new business jets in the region to remain an important part of our business going forward. However, we are also looking ahead to best position Jetcraft to participate in the pre-owned market that will inevitably emerge – particularly in China. Additionally, an increased presence in Asia is ...

Read more →

Jetcraft Corporation is an international leader in new and pre-owned business aircraft sales, acquisitions and trades. Headquartered in Raleigh, NC, Jetcraft has sales offices/representation around the world. The company's 50-year track record in aircraft transactions has earned it a world class customer base and one of the strongest global networks in the industry.

Read more →

Year-to-date sales, sales currently pending and anticipated additional sales through year-end place Jetcraft on correct trajectory to hit billion dollar milestone

RALEIGH, NC, October 10, 2011 – Jetcraft Corporation, a provider of business aircraft sales, acquisitions, trading and brokerage services, today disclosed sales figures for the period of January 1 to September 30, 2011.

2011 is expected to be Jetcraft’s best-ever year in terms of total transactional value and unit sales. Here are the highlights:

- Year-to-date (YTD) transactional value: $684 million

- YTD units sold: 41 aircraft

- Increase in value of US sales (2011 over 2010, Jan. to Sept.): 74%

- Increase in value of international sales (2011 over 2010, Jan. to Sept.): 73%

- Approximately 75% of aircraft sold YTD are in large and mid-size categories, including: Bombardier Globals (Express, XRS and 5000), Gulfstreams (GIV and 500), Bombardier Challengers (604 and 605), HBC Hawkers (800XP and 900XP), etc.

“As we hea...

Read more →

Jetcraft Corporation’s 50th Anniversary (PDF format) »

September 2011 - Business aviation has evolved considerably in the past half century. And, so has Jetcraft. By successfully identifying industry trends and compelling business opportunities, Jetcraft (formerly Raleigh-Durham Aviation) has made strategic decisions that have enabled the company to succeed by remaining at the forefront of innovation.

Here are some of the major milestones in Jetcraft’s history, with context added to illustrate the company’s ability to identify trends and successfully take action.

1960s

In the 1960s, business aviation came into its own. Bill Lear created the Learjet, the first purpose-built business jet aircraft. Jetcraft’s founder, Charles “Bucky” Oliver, immediately sees the potential of Bill Lear’s vision.

Milestones:

1961: Aviation entrepreneur Charles “Bucky” Oliver acquires an FBO named Raleigh-Durham Aviation

1964: Raleigh-Durham Aviation obtains advanced certification ...

Read more →

Strong demand for new long range/large business jets has stabilized prices accordingly, while compelling opportunities exist for buyers of select pre-owned aircraft

RALEIGH, NC, Aug. 31, 2011 – Jetcraft Corporation, a provider of business aircraft sales, acquisitions, trading and brokerage services, today commented on the state of the international business jet market.

“Fundamentally, Jetcraft’s market outlook remains unchanged – despite recent financial uncertainties in Europe and the US,” says Chad Anderson, President, Jetcraft Corporation. “Specifically, we are seeing two trends that we believe are representative of the international business jet market at this time. First, prices at the top of the market – new long range to large business jets – have stabilized significantly. This good news for sellers has largely been driven by strong demand from emerging markets in Asia, Eastern Europe, the Middle East and South America. In parallel, we continue to see demand re...

Read more →

Jetcraft Corporation is one of the largest companies in the US for new and pre-owned business aircraft sales, acquisitions and trades. Now in its 50th anniversary year, it has launched an ambitious global expansion programme, with the recent appointment of sales representatives in Dubai and Moscow. Spear-heading the initiative is Jetcraft's Co-owner and Board-member Jahid Fazal-Karim, who says he's also eyeing other BRIC nations such as Brazil, India, and China. Altitudes Arabia caught up with Jahid, as well as Mike Cappuccitti, Jetcraft's Middle East Sales Representative and also President of Project Phoenix, to understand how the two companies are working together and supporting each other's business models.

Jetcraft & Project Phoenix: Teaming Up for Middle East Expansion (PDF format) »

Read more →

Jetcraft on Track for Best-Ever Year in Sales (PDF format) »

GENEVA, May 17, 2011 – Jetcraft Corporation, a provider of business aircraft sales, acquisitions, trading and brokerage services, today disclosed sales figures for the period of January 1, 2011, to present.

2011 is expected to be Jetcraft’s best-ever year in terms of total unit sales and transactional value. Here are the highlights:

- Year-to-date (YTD) units sold: 19 aircraft

- YTD transactional value: $378 million

- International sales of VVIP aircraft, business jets and helicopters represent more than 60% of 2011 sales to date

- Aircraft models sold include: Boeing Business Jet series, Bombardier (Global, Challenger and Learjet series), Gulfstream (G550, G450, GIV and G200), Dassault Falcon (7X, 900 series and 50 series), Cessna Citation (X and Sovereign) and Hawker (900 XP and 850 XP)

- Sales of midsize and light business jets have recently started to recover as US economic conditions improve

- Long ran...

Read more →