Sales and acquisitions specialist Jetcraft has added the Jetquity Protect Program as an option for its clients. The residual value protection policy guarantees aircraft owners a pre-set exit figure. Clients who enroll in the scheme can select a program duration of between one and 10 years.
Backed by large global financial institutions, the scheme—which was launched in the second quarter—allows clients to more accurately manage their finances over the life of their aircraft ownership. The program effectively mitigates against larger-than-expected depreciation of the aircraft’s resale value, safeguarding the initial investment against market volatility while also clarifying the financial viability of aircraft ownership.
Jetcraft clients can now elect to enroll in the Protect Program alongside leveraging the company's expertise in the resale market. Although the company advises and assists in sales and acquisitions, it remains solely as an “introducer” rather than being directly involved in the policy.
“Today’s preowned jet marketplace is extremely complex, and at Jetcraft we’re committed to harnessing innovative technology to benefit our clients,” said owner and chairman Jahid Fazal-Karim. “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.”