Hagerty close $259 million transactions in nine months

Alud Davies

Hagerty Jet Group has closed $259 million worth of transactions in the first nine months of the year.

The Gulfstream specialist closed a deal on Gulfstream G550 msn 5361 in the middle of September to take the total value of deals over the $250 million mark.

The company has now closed five G550s in nine months, which the company says is 18% of all G550s sold so far this year.

“Our G550 transactions represent 18% of the total pre-owned G550s sold so far in 2015. This achievement is remarkable and reinforces our marketplace position as the Gulfstream Experts.” said James Hagerty, CEO and president, Hagerty Jet Group.

The company also sold Legacy 600 msn 145770, and a Gulfstream G650.

The G650, msn 6117, was sold on behalf of a Canadian ultra high net worth individual.

“This G650 transaction places Hagerty Jet Group in an elite category. We are one of a small group of aircraft brokers in the world to resell the flagship Gulfstream since its entry-into-service.” said Hagerty.

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