Business Wire

Jetcraft Starts 2021 Strong With Landmark Praetor 600 Sale

Share

Jetcraft, the world leader in business jet sales and acquisitions, is celebrating the completion of the world’s first transaction of a pre-owned Embraer Praetor 600.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210217005055/en/

The world’s first transaction of a pre-owned Embraer Praetor 600. (Photo: Business Wire)

The world’s first transaction of a pre-owned Embraer Praetor 600. (Photo: Business Wire)

The sale of the super-midsize jet completes a landmark triple crown for Jetcraft, after the company facilitated transactions for the first pre-owned Gulfstream G500, and one of the first pre-owned Bombardier Global 7500s not long after certification.

Chad Anderson, President at Jetcraft, says: “The Praetor 600 is one of the world’s newest, and most disruptive private jets, capable of flying further than any other super-midsize with non-stop travel between London to New York, or Oslo to Dubai.

“As we continue to see fresh innovations from OEMs, we’re witnessing a step-change in ownership patterns. Some buyers are seeking to quickly upgrade their aircraft to the latest model, meaning a pre-owned jet can now be available a year or two after its original certification.”

The Praetor 600 transaction builds upon positive momentum for the company. Jetcraft’s 2020 sales were consistent with previous years despite the challenging circumstances of the Covid-19 pandemic, which saw an essential halt in aircraft sales during Q2.

Anderson adds: “We’re seeing a pent-up demand for travel, with a healthy number of sale acquisition and trade-in enquiries already this year, buoyed by growing market confidence.

“With business aviation utilization currently the closest it’s been to pre-Covid-19 levels, we’re equally enthused about the prospect of new entrants to our industry, who are beginning their path to aircraft ownership by first experiencing air charter, jet-card or fractional solutions. We’re ready to support them when they want to take the next step to owning their own plane.”

ENDS

To view Jetcraft’s current inventory, visit www.jetcraft.com/inventory.

About Jetcraft

Jetcraft is the leader in international aircraft sales, marketing and ownership strategies, managing and maintaining over 20 regional offices globally. The company’s unparalleled success over nearly 60 years in business aviation has earned it a world-class reputation, along with an exceptional customer base, a wide network of connections and one of the largest inventories within the industry.

For more information, please visit www.jetcraft.com

Contact information

For more information, please contact 8020 Communications.
Email: jetcraft@8020comms.com
Telephone: +44 (0)1483 447380

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Guardant360 ® CDx Liquid Biopsy CE-Marked for Comprehensive Tumor Mutation Profiling Across All Solid Cancers2.3.2021 14:05:00 CETPress release

Guardant Health, Inc. (Nasdaq: GH) has CE-marked Guardant360® CDx for tumor mutation profiling, also known as comprehensive genomic profiling (CGP), in patients with any solid malignant neoplasm (cancerous tumor). The test is also approved as a companion diagnostic to identify non-small cell lung cancer patients with epidermal growth factor receptor (EGFR)alterations who may benefit from treatment with Tagrisso® (osimertinib). The Guardant360 CDx test offers patients and clinicians a simple, faster blood test to help inform personalized treatment options. The Guardant360 CDx received U.S. FDA approval in August 2020. “Gaining the CE-mark for our Guardant360 CDx test is an important step to making our test more widely accessible to patients around the world. We are committed to helping cancer patients be comprehensively tested to see if they are appropriate for potentially life-changing personalized treatments,” said Helmy Eltoukhy, Guardant Health CEO. The World Health Organization est

ALPINION Launches X-CUBE 90, A High-Performance Ultrasound Diagnostic System2.3.2021 14:00:00 CETPress release

ALPINION MEDICAL SYSTEMS Co., Ltd (ALPINION), a medical ultrasound professional, announced that it will launch X-CUBE 90 in March. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210302005348/en/ ALPINION MEDICAL SYSTEMS launches X-CUBE 90, a high-performance ultrasound diagnostic system. X-CUBE 90 provides high-resolution diagnostic images with X+ Architecture. X-CUBE 90 is the top-tier model of X-CUBE, a brand developed by upgrading the existing E-CUBE product line. X-CUBE 90 increases data transmission capacity, data transmission speed, and data processing speed by 4, 10, and up to 14 times compared to existing products. (Photo: Business Wire) X-CUBE 90 is the top-tier model of X-CUBE, a brand developed by upgrading the existing E-CUBE product line. Compared to the existing models, X-CUBE 90 provides a more detailed image and comfortable user interface and thus a diagnostic environment of greater efficiency. X-CUBE 90 appl

Red Fox ID and Cepton Enable Barrier-Free, High-Speed Tolling Worldwide With High Performance Lidar Based Solutions2.3.2021 14:00:00 CETPress release

A state-of-the art electronic tolling system that utilizes high-performance lidar sensors from Cepton and a cutting-edge vehicle identification solution from Red Fox ID is expected to be deployed on a major highway turnpike crossing multiple states in the United States, thereby promising fast, highly accurate, barrier-free, real-time tolling to enable smooth traffic flows. This marks the maturing of the deep partnership between Cepton and Red Fox ID in bringing innovative, automated tolling solutions to major customers across North America, EMEA and Asia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210302005524/en/ Cepton’s MMT®-powered Sora-P lidars feature an industry-leading 380 Hz frame rate to deliver 1140 line scans per second, providing high-fidelity profiling of vehicles passing at highway speeds. © 2021 Cepton Technologies. Based on an extended collaboration with leading lidar solution provider Cepton, Red Fox ID

Sintavia Acquires Three Additional GE Additive Arcam A2X Electron Beam Printers2.3.2021 13:59:00 CETPress release

Sintavia, LLC, a designer and 3D printer of a new generation of flight and launch components, announced today that it had acquired three GE Additive Arcam A2X electron beam printers. The new electron beam printers will join the company’s four other electron beam printers, including three GE Additive Arcam Q20plus machines and one other A2X. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210302005184/en/ (Photo: Business Wire) “We are big believers in the electron beam process for high precision structural components manufactured in titanium,” said Brian Neff, Sintavia’s Chief Executive Officer. “It has been a great pleasure to work with GE Additive to develop successful manufacturing strategies for critical aerostructure components. We are excited to expand our production platform using the electron beam process in the months and years to come.” “It’s great to see continued momentum and innovation at Sintavia. The recent add

Tecnotree Posts Strong Growth in 2020 Despite Pandemic & Global Slowdown2.3.2021 13:56:00 CETPress release

Tecnotree, the global provider of IT solutions for the telecom industry, has recently announced its Q4 and full-year 2020 financial results. In a year that will globally go down in history as the year of pandemic and resultant economic slowdown, Tecnotree posts a different story. With a substantial 76% increase in net income and 48% EBIT growth, Tecnotree displayed strong resilience even during the most difficult times. The company struck the right chord for all the key metrics in 2020; and with 4 new clients and an Order-Book of more than €32 million, Tecnotree appears set to continue the growth momentum in 2021. 2020 year performance at a glance: Net sales grew by 12% to €52.8M (€47M) Net income registered 76% growth to €13.6M (€7.7M) Earnings Before Interest and Tax (EBIT) grew by 30% to €18.6M (€14.4M) Cash & Cash Equivalent showed a 138% growth at the end of the period Share price soared by 312% in the year Market Capitalization grew by 360% to 193Me (42Me) EPS grew to 5c from 3c

Theramex Launches New Website2.3.2021 13:44:00 CETPress release

Theramex, a global company specialised in women's health, has launched a new website. It is a modern, intuitive and easy-to-navigate site that seeks to position itself as a benchmark for information on the company's four main working areas: menopause, osteoporosis, fertility, and contraception. "This year we are strongly committed to a process of digital transformation of the company to bring it closer to our audiences: healthcare professionals, patients and users. A key step in our strategy could not be other than renewing our website and bringing it to the forefront", says Robert Stewart, CEO of the company. In the coming weeks, different new features will be implemented, and local websites will also be launched where Theramex has a presence, offering specific content adapted to the needs of each country. In addition, there will be a validated-private section for healthcare professionals where they can access information about our treatments, products and therapeutic novelties. Addin

Jetcraft Announces Partnership With Synerjet; Cementing South American Presence2.3.2021 13:00:00 CETPress release

Jetcraft, the world leader in business jet sales and acquisitions, is announcing a strategic relationship with Synerjet, a Latin American business aviation specialist, further strengthening the company’s footprint in the Americas. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210302005544/en/ Todd Spangler, Americas Sales Director at Jetcraft (left), and Fabio Rebello, Chief Commercial Officer at Synerjet (right), mark the start of their strategic relationship. Synerjet, a Latin American business aviation specialist, will operate as an official Jetcraft authorized representative in the South America Region. (Photo: Business Wire) The aircraft sales division of Synerjet will operate as an official Jetcraft authorized representative in the South America region, enabling Jetcraft to increase its offering to its clients looking to buy, sell or trade in, with local support from Synerjet’s experienced executives. Synerjet joins J