“As we continue to see fresh innovations from OEMs, we’re witnessing a step-change in ownership patterns. Some buyers are seeking to quickly upgrade their aircraft to the latest model, meaning a pre-owned jet can now be available a year or two after its original certification.”
The Praetor 600 transaction builds upon positive momentum for the company. Jetcraft’s 2020 sales were consistent with previous years despite the challenging circumstances of the Covid-19 pandemic, which saw an essential halt in aircraft sales during Q2.
Anderson adds: “We’re seeing a pent-up demand for travel, with a healthy number of sale acquisition and trade-in enquiries already this year, buoyed by growing market confidence.
“With business aviation utilization currently the closest it’s been to pre-Covid-19 levels, we’re equally enthused about the prospect of new entrants to our industry, who are beginning their path to aircraft ownership by first experiencing air charter, jet-card or fractional solutions. We’re ready to support them when they want to take the next step to owning their own plane.”