ExecuJet Adds Pre-Owned Division
ExecuJet has created a pre-owned aircraft division to capitalize on big lead times for new aircraft. The company plans to have sales reps in Europe, South Africa, the Middle East, and (coming soon) the U.S.
ExecuJet Middle East is experiencing high demand, with one new inquiry a week, mostly for big jets.
The ExecuJet web site says:
“Pre-owned demand is being led primarily by the Middle East which is growing by 20% each year and also in India, and China, where ExecuJet recently opened offices in Mumbai and Beijing.
Last year, the Middle East market accounted for $300 million of pre-owned aircraft sales, comprising over a dozen transactions and representing nearly 50% of ExecuJet’s total transactions during 2007.”
Posted by Matt |
