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Jetcraft to buy Switzerland's ExecuJet Aircraft Trading

Staff writer |
Jetcraft Corporation announced the acquisition of the aircraft brokerage activities of ExecuJet Aircraft Trading (EAT), the business aircraft sales division of ExecuJet Aviation Group, of Zurich, Switzerland.

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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 newly combined Jetcraft sales force includes 20 senior sales executives, and another 20 sales, technical and marketing support staff, located in offices worldwide. Chad Anderson will remain President of Jetcraft and Andrew Hoy, formerly Managing Director, EAT, will oversee sales in Europe, Africa and the Middle East. 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 EAT is joining Jetcraft, which now makes us the largest business aviation brokerage company in the world. 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 unmatched transaction creativity and capabilities globally. This expansion is a natural evolution for us," said Chad Anderson, president of Jetcraft Corporation.

"On behalf of ExecuJet, I would like to thank Andrew Hoy and his sales team for their dedicated years of service and sales success. xecuJet's roots are in aircraft sales and our experience told us that this was a unique fit of exceptional sales professionals. The new team will offer unprecedented service to business aircraft buyers and sellers worldwide," said Niall Olver, CEO, ExecuJet Aviation Group.

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