JetCraft
JetCraft
Founded
1962
Headquarters
London
Key People
Jahid Fazal-Karim
Number of Employees
Over 50
Phone Number
+1 919 941 8400
Website

JetCraft

Jetcraft is a global business aircraft brokerage and dealership providing acquisitions, sales, and aircraft trade services; an avionics program; and a custom completion channel. The company handles some 100 aircraft transactions per year, operating from more than 20 offices worldwide. 

History of JetCraft

In 1962, Charles Oliver bought FBO Raleigh-Durham Aviation (RDA). By the end of the decade, it had acquired an air operator’s certificate, commenced charter operations, and become a major Learjet dealer. It was also operating several Learjet 25s, and it added Cessna Citations to its charter fleet in the 1970s. Later that decade, Oliver sold RDA and founded Raleigh-Durham Aircraft Sales, which quickly grew to become one of Cessna’s largest dealers and service centers. In the 1980s, the focus shifted to addressing the needs of corporate flight departments and the firm branched into leasing, a then-innovative alternative to ownership. The company rebranded as Jetcraft in 1987 to reflect its emphasis on acquisition solutions. In the 1990s it began specializing in long-range jets. Expansion continued in the new century with the launch of Jetcraft-ed, a quality-certification program for aircraft it represented; the JetCoast program for custom completions of Bombardier jets; and Jetcraft Avionics to assist with installations of Enhanced Flight Vision Systems. In 2008 Jahid Fazal-Karim, a former senior Bombardier sales executive, bought Jetcraft, expanding its global footprint. In this decade Jetcraft has opened more international offices; acquired Execujet Aircraft Trading, becoming the world’s largest business aircraft brokerage in the process; introduced its annual 10-year business aircraft sales forecast; and launched Jetcraft Commercial, a commercial aircraft sales division.

 

Jetcraft Transaction services

Brokers sales and acquisitions of preowned and new aircraft. 

Jetcraft Dealership

Buys aircraft for its own inventory, currently numbering some 40 aircraft ranging from helicopters to ultra-long-range jets.

Jetcraft Data

Publishes the annual Jetcraft 10-Year Forecast.