AvBuyer Magazine May 2022

Page 28

Market Insights.qxp_MARKET INSIGHTS 19/04/2022 12:51 Page 1

MARKET INSIGHTS

AVBUYER.com

Market Insights: Tom Crowell Jr., JetBrokers Is there any relief in sight for the current pre-owned aircraft inventory shortage? How can buyers and sellers act to get the best out of the current circumstances and challenges? JetBrokers’ Tom Crowell Jr. shares his thoughts… 28 Vol 26 Issue 5 2022 AVBUYER MAGAZINE

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earing three decades in business, JetBrokers was established in 1993 by Tom Crowell Sr., who served as the company’s President until 1999, and then as its Chairman until his death in 2021. During his time at the helm, he saw the company grow from a start-up aircraft brokerage with its headquarters in St Louis, Missouri, to one with satellite offices strategically located across the United States in Michigan, Arizona, and across the Atlantic in London, United Kingdom. He also saw his son Tom Crowell Jr. take up his vision and help drive JetBrokers on to the next level. Having grown up around aviation, Tom Crowell Jr. has had an interest in airplanes all his life, and began a career working in aircraft sales in 1992. He joined JetBrokers two years later, and eventually succeeded his father as President in 1999. Across its 28 years of existence, JetBrokers has successfully sold more than 600 aircraft, and the company has completed as many as 40 transactions in a single year – though the usual level of annual transactions tend to number in the mid-20s. Asked about the key to his company’s success over the years, Tom Crowell Jr. notes, “we offer integrity, combined with top-notch marketing and technical review and analysis to our clients”. AvBuyer caught up with him recently to tap his thirty years of experience in aircraft sales, and gain his perspectives and insights on today’s marketplace…

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