JetBrokers Europe reports best month on record for aircraft sales

JetBrokers Europe, the Farnborough-based European arm of JetBrokers Inc, reports the best month on record in July in terms of pre-owned aircraft sales activity.  In addition to sales of smaller aircraft, the JetBrokers team completed transactions for two mid-sized jets in July, a 2008 Cessna Citation Sovereign S/N 680-0189 and a 2004 Cessna Citation X S/N 750- 0228. Both aircraft were sold to private owners, based overseas. “The Citation X sale demonstrated the strength of our transatlantic offering. Whilst the aircraft was US based, the owner was European, and with teams on both sides of the Atlantic we were able complete the transaction in less than three months,” commented JetBrokers Europe Managing Director Tim Barber.  (The average Citation X has been on the market for over one year.)  JetBrokers Europe also succeeded in selling the Sovereign to an Asian buyer in half the average time that the current stock of 680’s has been on the market.