Most in-demand private jets, according to sales firm Jetcraft - Business Insider

Private aircraft sales have been among the best performing business aviation industries since the pandemic began, according to sales firm Jetcraft, with more first-time buyers entering the market.In Europe, the Middle East, and Asia, light and mid-size jets from Cessna and Embraer are seeing increased interest. The coronavirus pandemic is turning more wealthy travelers towards private jets as they seek to take control of their travel.

Though still down from pre-pandemic levels, aircraft sales have done comparatively well since March while chartering declined by around 90% in April from normal, the IADA. The drop coincides with businesses imposing pandemic-related travel restrictions for employees and destinations imposing mandatory self-quarantines for new arrivals, as well as general concerns surrounding travel in the current era.

Jetcraft, one of the world's leading aircraft sales and acquisition firms, is responsible for over 20 transactions both completed or pending since the pandemic spread globally in March. In the Americas, Jetcraft saw customers largely choose large, long-range aircraft from the likes of Gulfstream, Bombardier, and Dassault while in Europe, the Middle East, and Asia, light and mid-size aircraft from Cessna and Embraer were among those preferred.

Selling aircraft during a pandemic comes with its own challenges, especially when buyers cannot travel internationally to see their aircraft in person. While that's normally standard procedure, Jetcraft has had to bring the product directly to the customer in recent times while working around lockdowns when closing the deal.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Biden's Instagram influencer strategy, virtual campaign - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Great Twitter Numbers One Two Three Four Five Six Seven Eight Nine Ten Eleven Twelve Thirteen Fourteen Fifteen Sixteen Seventeen Eighteen Nineteen Twenty. BIDEN=CHILD ABUSER 😤😠
Source: BusinessInsider - 🏆 729. / 51 Read more »

30 quotes that take you inside Albert Einstein's brilliant mind - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Einstein had a brilliant mind but also had a set of brilliant Maths Proffs on his team, Einstein had a vision and an idea and would get the maths worked out with his team of Maths Proffessors.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How to find and build online community, according to a Salesforce SVP - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. mlaxros Building community while we're all stuck at home is so important. Thanks for the tips!
Source: BusinessInsider - 🏆 729. / 51 Read more »

The most recession-proof jobs in cannabis right now, according to recruiting experts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. TheCannaWriter I guess it’s pretty simple if you think about it. When things are terrible people like to get high. TheCannaWriter Hemp farms putting all pot grower's out of business. Takes a very very contained building to grow pot, times change, buy a clone, going to go male, seeds.
Source: BusinessInsider - 🏆 729. / 51 Read more »