Market Insights 1.qxp_MARKET INSIGHTS 21/12/2021 09:52 Page 1
MARKET INSIGHTS
Market Insights: Chad Anderson, Jetcraft What are the latest trends and indicators of note in the business aircraft sales marketplace? AvBuyer’s Matt Harris spoke with Chad Anderson at Jetcraft to ask for his market perspectives…
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etcraft has been in Business Aviation for 60 years, and, during that time, has grown to offer highly astute market research capabilities, plus expertise in aircraft sales, marketing, and deal management – all the tools today’s aircraft buyers and sellers need to ensure a smooth transaction. So it’s unsurprising to hear that in 2021 Jetcraft capitalized on a lightning-quick market, exceeding the previous year’s transaction count, putting it on track for a record year, according to Chad Anderson, President of the company. “With demand at its highest level, low inventory levels present a challenge, with just 3.2% of business jets and turboprops currently available, according to AMSTAT,” he told AvBuyer as he joined us for an interview. “However, we’re managing to overcome this by leveraging our global structure.” The Jetcraft team has experts stationed in more than 20 offices worldwide; a fact that Anderson says gives it
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the ability to provide timely market intelligence in every critical locale. “By drawing on our strong relationships, we also have the ability to source aircraft globally, moving high-quality inventory around the world to make acquisitions possible,” Anderson adds. Aviation has always played an important part in Mr. Anderson’s personal and professional life. “After graduating from the University of North Dakota in Aviation Administration, I worked as an aviation underwriter before joining Bank of America as the National Asset Manager and Business Development Officer in the corporate aircraft finance division,” he shares. “Earlier in my career, I also gained my commercial pilot license, and I take great pleasure flying when I can.” Anderson joined Jetcraft in 2005. “In my current role as President, I lead the company’s overall global operations and strategy,” he explains, as he offered his insights with AvBuyer on the current aircraft sales landscape…
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