Jetcraft creates world’s largest aircraft brokerage


Buying other brokers is the dumbest, stupidest thing a human being could do,” says Alireza Ittihadieh, chairman of Freestream Aircraft.

Jetcraft has acquired the aircraft brokeage activities of ExecuJet Aircraft Trading.

The newly combined Jetcraft sales force includes 20 senior sales executives, and another 20 sales, technical and marketing support staff. Chad Anderson will remain president of Jetcraft and Andrew Hoy, formerly managing director of ExecuJet Aircraft Trading, will oversee sales in Europe, Africa and the Middle East.

The rest of each company’s sales team will remain in-place. Aircraft sales listings of both companies will be co-marketed, with full administrative integration to be completed within six months.

“We are proud to announce that EAT is joining Jetcraft, which now makes us the largest business aviation brokerage company in the world,” said Anderson.

“With our new and bigger sales force, expanded global reach, and collective wealth of experience, we will be able to serve an even greater number of clients while still offering unmatched transaction creativity and capabilities globally. This expansion is a natural evolution for us.”

Anderson added: “These two successful companies fit together exceptionally well due, in large part, to our shared corporate cultures focused on customer service, integrity and teamwork. By uniting our teams into a single non-affiliated sales organization, we will approximately double the marketing power that we offer our clients.”

“We are pleased to be joining forces with the Jetcraft team,” said Andrew Hoy. “We both share long and successful industry track records and, more importantly, we are united by the core values of customer service, a team approach to sales, and a complete commitment to integrity.”