• HSBC

Jetcraft Trading offers aircraft sales and acquisition services at Jet Aviation's Dubai facility

  • United Arab Emirates: Sunday, November 11 - 2007 at 10:49
  • PRESS RELEASE

Jetcraft Trading, the newly formed strategic alliance between Jet Aviation and Jetcraft Corporation, is now able to provide clients in the Middle East with aircraft transaction coordination services at Jet Aviation's existing FBO and maintenance location at the Dubai International Airport.

The announcement came at this year's Dubai Air Show (Chalet A13 / Booth E546) and less than two months after the formation of Jetcraft Trading was made public at the 2007 NBAA.

Jetcraft Trading is a strategic alliance between the Jet Aviation group and Jetcraft Corporation, offering comprehensive aircraft sales and acquisition services worldwide.

"Reaction to our NBAA announcement was very positive, so we decided to fast-track the offering of these services to Jet Aviation's clientele in the Middle East region and beyond," said John Ames, president and CEO of Jetcraft Corporation.

"Jetcraft Trading has already closed several large transactions since the NBAA, and activity is substantially above plan."

Jetcraft Trading will provide discreet, local access to clients in the region who may have a need for aircraft transaction services.

Jetcraft Trading will be represented by Hardy N. Bütschi, Jet Aviation Dubai's director of sales and customer relations.

Ames adds, "We look forward to continuing our strategic relationship with Jet Aviation in the Middle East, and to growing our regional presence, knowing that all private aviation support services will be seamlessly available to our clients using local contacts and our worldwide sales team. Jet Aviation's completions, maintenance, FBO, aircraft management and charter capabilities put the finishing touches on our worldwide offering."

Jetcraft Trading comprises the 85 combined years of experience of Jetcraft Corporation and Jet Aviation.

The new company plans to open future offices in Singapore, Hong Kong, Sao Paulo, Moscow, Beijing and on the West Coast of the United States, joining those already in place in Minneapolis, MN; Teterboro, NJ; Raleigh-Durham, NC; St. Louis, MO; Redding, CA; and Zurich, Switzerland.

In the near future, Jetcraft Trading will be positioned to offer a true global solution for consolidated access to business/VIP aircraft buyers and sellers throughout the world.

Jetcraft Corporation was founded in 1962 and is a well-established market leader in mid-size and large-cabin executive aircraft acquisitions, sales, brokerage and trading worldwide. Jetcraft buys and sells aircraft for its own account, and provides professional fee-based trading and transaction related consulting services to its clients. Jetcraft's other major businesses include new aircraft acquisitions, completions and resale under the JetCoast trade name, and aftermarket distribution of Enhanced Flight Vision Systems (EFVS) through a worldwide dealer network.

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Notes and Media Contacts »

Jetcraft Trading will be represented by Hardy N. Bütschi, Jet Aviation Dubai's director of sales and customer relations who may be reached at +971 4 299 4464

For more information, please contact:
Chris Brenner, Marketing and Sales Support, Jetcraft Corporation Tel +1 952 921 2441

Jetcraft Trading LLC
8400 Normandale Lake Boulevard Suite 920 Bloomington, MN 55347 USA
Tel. +952 921 2441
Fax +1 952 921 2447

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