Jetcraft Starts 2021 Strong With Landmark Praetor 600 Sale
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 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
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210217005055/en/
Contact information
For more information, please contact 8020 Communications.
Email: jetcraft@8020comms.com
Telephone: +44 (0)1483 447380
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
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
The International Swaps and Derivatives Association (ISDA) Endorses the Alignment of the Close-out Netting Regulation with International Standards11.11.2025 13:31:00 EET | Press release
The ISDA endorsed the Close-out Netting and related Collateral Arrangements Regulation adopted by the Capital Market Authority (CMA), which came into effect in July 2025, confirming its alignment with international standards. According to a statement published on ISDA's website, the Regulation adopted by the CMA was included within the scope of ISDA's legal opinions consistent with international derivatives agreements, signifying that the Kingdom of Saudi Arabia has become a jurisdiction supporting international netting legislation, strengthening the enforceability of such contracts at the international level. Mr. Raed Ibrahim Alhumaid, CMA Deputy of Market Institutions, explained that the Regulation approved four months ago was designed to regulate netting agreements and related financial collateral arrangements involving a Capital Market Institution. It aims to enhance the stability of the financial system and protect investors, contributing to the growth of investments in the capita
Picsart Expands Creative Platform With AI Products to Empower and Accelerate Vibe Design at Scale11.11.2025 12:00:00 EET | Press release
Picsart, the world’s leading digital creation platform with more than 2 billion downloads and used by 130 million monthly active users in more than 150 countries worldwide, today announced the expansion of its creative platform with AI products built to empower and accelerate vibe design at scale and simplify creative workflows. The announcement was made by Hovhannes Avoyan, Picsart co-founder and CEO, at Web Summit, one of the world’s largest technology conferences hosted annually in Lisbon, Portugal. Picsart enables a diverse set of creators to instantly bring their personal vision to life, offering more than 150 tools, millions of stickers, templates, UGC options, and premium stock content. Picsart is recognized for its engagement with the global Gen Z community, which represents more than 50% of its active user base. The company continues to grow organically alongside this group to provide real-world creative solutions, while equipping a global community of consumers, artists, entr
Infobip Predicts Record 3.9 Billion Brand Messages This Shopping Season as RCS Surges 269%11.11.2025 11:00:00 EET | Press release
Global communications platform Infobip forecasts over 3.9 billion messages exchanged between brands and customers this shopping season, marking a 15% increase year on year. This reflects how AI, mobile commerce, and rich messaging channels are powering more personalized shopping experiences. Rich Communication Services (RCS) will be the fastest-growing channel in 2025, with volumes rising 161% on Black Friday and 269% on Cyber Monday worldwide. SMS remains the leading retail channel with nearly 2.7 billion interactions. In the US, more than 1.9 billion SMS messages are expected, while RCS volumes surge to over 57 million, a dramatic increase from 2024. WhatsApp engagement is up 44%, and email volumes rise more than 50% on Cyber Monday. US consumers surveyed by Infobip plan to spend mainly between $250 and $1,000 on Black Friday. Across Europe, RCS volumes are expected to grow more than sixfold on Black Friday and fivefold on Cyber Monday, with WhatsApp nearly tripling. Email usage surg
SymphonyAI and AML Intelligence Launch FinCrime Frontier 2025–26 Report: Proactive Intelligence Becomes Compliance’s Next Competitive Edge11.11.2025 11:00:00 EET | Press release
SymphonyAI, a global leader in vertical AI product platforms, and AML Intelligence, the leading source of news and insight for the financial crime compliance community, today released the FinCrime Frontier 2025–26 Report. The landmark study defies conventional industry narratives: rather than seeing evolving compliance expectations as a burden, a majority of financial institutions now cite them as the primary opportunity and catalyst for modernization. A sector ready for transformation - if it can break through real dependencies Insights from over 250 compliance, risk, and financial crime leaders show a pivotal mindset shift. Instead of bracing for disruption, 58% of institutions say today’s fast-changing environment is the push they need to invest in proactive intelligence and smarter, data-driven operations. Ambition is high: nearly 80% plan to implement AI-driven compliance solutions within 18 months, and most expect measurable ROI in core areas like transaction monitoring and custo
Qorium Secures €22m Investment to Accelerate Cultivated Leather Commercialisation11.11.2025 10:00:00 EET | Press release
Qorium, the Dutch biotechnology company pioneering cultivated leather, today announced it has secured a €22 million investment from Invest-NL and LIOF alongside existing investors Brightlands Venture Partners and Sofinnova Partners. An influential group of high net worth individuals have also participated in the round while the Invest-NL investment is made under the InvestEU guarantee scheme of the European Commission. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251111669534/en/ Qorium is successfully producing sustainable real leather The cultivated leather market is projected to grow rapidly as demand increases for consistent and high-quality real leather. Qorium’s technology produces beautiful, uniform real leather from a few animal cells, eliminating the need for livestock farming while improving final leather products, reducing production waste and significantly reducing the environmental impact vs. animal-derived le
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom