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Press Release

JetCraft corporation to acquire ExecuJet Aircraft Trading

Absorption by Jetcraft, effective immediately, creates world’s largest business aircraft brokerage company

Jetcraft Corporation, an international leader in new and pre-owned business aircraft sales, acquisitions and trades, today announced the acquisition of the aircraft brokerage activities of ExecuJet Aviation Group of Zurich Switzerland, the business aircraft sales division of ExecuJet Aviation Group.

The coming together of two of the industry's best sales teams will immediately benefit Jetcraft and ExecuJet clients by offering the largest selection of quality new and pre-owned business aircraft from around the globe. The new, combined Jetcraft sales force includes 20 senior sales executives plus another nearly 20 sales, technical and marketing support staff located in offices worldwide. Chad Anderson will remain President of Jetcraft and Andrew Hoy, formerly Managing Director, ExecuJet Aircraft Trading, will oversee sales in Europe, Africa and the Middle East. The rest of each company's sales team will remain in-place to create an unmatched sales network, serving clients globally. Aircraft sales listings of both companies will be immediately co-marketed with full administrative integration to be completed within six months.

"We are proud to announce that we are joining forces with EAT, which now makes us the largest business aviation brokerage company in the world," says Chad Anderson, President, Jetcraft Corporation. "With our new and bigger sales force, expanded global reach, and collective wealth of experience, we will be able to serve an even greater number of clients while still offering an unmatched transaction creativity and capability globally. This expansion is a natural evolution for us. These two successful companies fit together exceptionally well due, in large part, to our shared corporate cultures focused on customer service, integrity and teamwork. By uniting our sales teams, we will approximately double the marketing power we offer our clients."

"On behalf of ExecuJet, I would like to thank Andrew Hoy and his sales team for their dedicated years of service and exceptional sales success," continues Niall Olver, CEO, ExecuJet Aviation Group. "This deal is a win-win for all involved, most importantly - the client. ExecuJet's roots are in aircraft sales and our experience told us that this was an exceptional fit of exceptional sales professionals. The new team will offer unprecedented service to business aircraft buyers and sellers worldwide.  ExecuJet now looks positively forward to concentrating on being the world leader in offering aircraft owners and operators a diverse range of value added services including FBO, MRO, completions and aircraft management."

"We are pleased to be joining forces with the Jetcraft team," adds Andrew Hoy, Managing Director, ExecuJet Aircraft Trading "We both share long and successful industry track records and, more importantly, we are united by the core values of customer service, a team approach to sales, and a complete commitment to integrity. Together, we will be able to offer a truly unique level of service to our existing and prospective clients with greater resources and access to a considerably larger inventory of business aircraft. Our current clients will immediately benefit from integration with Jetcraft, and we will ensure the transition is seamless."

Posted on Aug 08, 2013 | Tags: Press Release

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