Eastern Europe remains strong for used private aircraft

Eastern Europe remains strong for used private aircraft

The Central and Eastern European market for pre-owned business aircraft is stable and starting to show signs of year-to-year growth, according to new data from Colibri Aircraft. Last year 34 transactions were recorded: 14 aircraft were bought from countries outside

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IBA: Private jet demand increases, but prices fall

IBA: Private jet demand increases, but prices fall

Low oil prices have created an increased demand for private jets in Africa, the Middle East and Asia, according to a new report from the International Bureau of Aviation (IBA), which was published to coincide with Corporate Jet Investor London

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JetBrokers closes five sales in January 2015

JetBrokers closed five aircraft transactions in January 2015. The aircraft brokerage sold a Beechjet 400A, an Astra, a Learjet 45, a Cessna Citation XLS+ and a Bombardier Challenger 604. The company have 22 aircraft for sale, about half of the

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James Hagerty launches new business jet brokerage firm

James Hagerty launches new business jet brokerage firm

Veteran Gulfstream salesman James Hagerty has launched The Hagerty Jet Group, to help high-net-worth individuals and large corporations with the acquisition and selling of pre-owned Gulfstream jets. Hagerty said: “Clients see true value from our analytical market perspective. There’s no

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Swiss Aviation Consulting closes Citation CJ3 sale

Swiss Aviation Consulting closes Citation CJ3 sale

Swiss Aviation Consulting based in Zug, Switzerland has sold and delivered a Cessna Citation CJ3 to an American customer after completing maintenance work at a German facility. The company acted on behalf of a German financier as it’s exclusive remarketing

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Middle East business aviation: large cabins and slow sales

Middle East business aviation: large cabins and slow sales

When foreigners think of the Middle East they tend to think of sand dunes and camels. The reality is that the Middle East is a sprawling region with a landmass that is 90 per cent the size of the US

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Business jet sales boom in first nine months

Business jet sales boom in first nine months

Aircraft fleet and operator information provider AMSTAT says that 7.8 per cent of the global business jet fleet transacted during the first nine months of the year, making it the busiest first nine months in the last 10 years. Although

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Gulfstream G600 wows NBAA, but brokers aren’t convinced

Gulfstream G600 wows NBAA, but brokers aren’t convinced

Gulfstream displayed a full-size mock-up of its $54.5 million Gulfstream G600 at NBAA 2014 in Orlando last week. The aircraft manufacturer launched the aircraft, alongside the $43.5 million Gulfstream G500, at a special ceremony in Savannah, Georgia a week before

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NARA aircraft brokers stay optimistic

NARA aircraft brokers stay optimistic

For the first time at the annual NBAA convention this year, a collection of aircraft brokers belonging to the National Resale Aircraft Association (NARA) exhibited together on a 110,000 square ft space at the static display at Orlando Executive Airport.

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Mente Group celebrates fifth birthday

Mente Group celebrates fifth birthday

Mente Group, the aircraft consultant and broker, has closed $1.5 billion in business jet transactions since launching in July 2009. The summer of 2009 was a tough one for business aviation. Companies were selling their aircraft to save costs and

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