Sales and acquisitions specialist Jetcraft has added two new team members, Chiko Kundi and Tobias Kleff, in North America, as well as completing the world's first transaction of a pre-owned Gulfstream G500. Its team has grown by 25 per cent over the past two years.

President Chad Anderson says: “Our growth puts us in a strong position to facilitate pioneering transactions in the long-range aircraft market, which, with an influx of new models, is entering a dynamic period, as evidenced by our recent milestone transaction.

“The definition of 'pre-owned' is changing; it no longer means 'old' in private jet sales. With innovation among manufacturers focused heavily on large-cabin aircraft, some buyers are choosing to sell after just one or two years of ownership, to upgrade to an even newer model. For example, the G500 only achieved certification in 2018.”

According to Jetcraft's 2019 five-year New & Pre-owned Market Forecast, the popularity of large jets is soaring, as buyers' intercontinental travel needs increase.

Anderson adds: “For the long-distance flier, models such as Gulfstream's G500 and G600, Bombardier's Global 7500 and Dassault's Falcon 8X make excellent investments, whether bought new or pre-owned.”

Chris Brenner, senior VP of sales for the Americas, adds: “I am delighted to welcome two new sales directors to the company; Chiko Kundi, covering most of Canada, and Tobias Kleff for northwestern USA and British Columbia. Both Chiko and Tobias have immense experience and their appointments provide us with even more opportunity to serve our North American clients.”