In a first-of-its-kind partnership, Jetquity has joined forces with Jetcraft®, the global leader in business aircraft sales, acquisitions and trading, to offer its pioneering Residual Value Program to Jetcraft’s extensive client base. The “Protect Program” is designed to provide aircraft owners with a clear exit strategy by stipulating the exact exit price of their aircraft.
Asad Rahman, Jetquity’s CEO, expressed his enthusiasm about the collaboration, stating, “The Protect Program is about instilling confidence and clarity in aircraft ownership. By letting owners know their exit price, we’re revolutionizing the buying and selling process in the aviation world. As part of our objective to align with the most esteemed names in business aviation, we’re thrilled to partner with Jetcraft as the first aviation specialist to bring the Protect Program to its clientele.”
Jahid Fazal-Karim, Owner and Chairman of the Board, Jetcraft, adds: “Today’s pre-owned jet marketplace is extremely complex, and at Jetcraft, we’re committed to harnessing innovative technology to benefit our clients. Through Jetquity’s Protect Program, we’re offering our customers the peace of mind that comes with knowing their aircraft’s future resale value, and when they are ready to sell their investment, access to Jetcraft’s market-leading intelligence and strategic financing solutions to support even the most complex of transactions.”
Launched in spring 2023, Jetquity’s Residual Value Protect Program is designed to safeguard a client’s business jet investment against market volatility. Owners are able to select the duration of the program (from one to 10 years), and offered an end of term minimum exit price for their aircraft as part of a single premium. The integration of the Protect Program into service offerings, sets new standards in the aviation landscape, promising a streamlined, transparent, and enhanced buying and selling experience for business aircraft owners worldwide.