Jetcraft powers up with North American broker acquisition

Jetcraft has acquired Corporate Fleet Services (CFS Jets), a prominent business aviation firm specializing in the turboprop, light and midsize jet markets. Now “powered by Jetcraft”, CFS Jets is offering its client base greater access to the super-midsize and large jet categories. Both companies are continuing to operate individually, each benefiting from their respective capabilities, including being backed by Jetcraft’s industry leading data to support transactions.

Peter Antonenko, President, Jetcraft, commented: “For more than 60 years, Jetcraft has been setting the standard in business aircraft transactions, placing a sharp focus on super-midsize, large, and ultra long range jets. With the addition of CFS Jets, our product expertise is the most diverse in the industry, surpassing that of all other brokers and manufacturers, while bringing customers nearly a century of experience, more than 100 dedicated global advisors and the largest number of exclusive jet listings.This strategic alliance between Jetcraft and CFS Jets represents a significant milestone for both our companies, and our clients, who can now benefit from a combined experience of more than 800 transactions in the last five years alone. Together, we look forward to serving the growing worldwide demand for turboprops and business jets of all sizes"

David Monacell, Partner, CFS Jets, adds: “Since 1984, CFS Jets has proven itself as a trusted private jet and turboprop broker. Powered by Jetcraft, we are now giving our customers access to the most robust market intelligence and widest range of aircraft in the industry.”