Jetcraft Partners with Aero Capital To Offer Magellan

Business aircraft broker Jetcraft has teamed up with Aero Capital to offer its clients access to Magellan, software that provides insight on aircraft ownership costs. Magellan calculates costs across an aircraft’s life cycle, taking into consideration acquisition, operational, and resale factors.

The program tailors the costs to the buyer, looking at not only aircraft type but also route patterns, passenger numbers, and resale forecast. It additionally calculates potential productivity gains and identifies a break-even point benchmarked against the customer’s travel spend.

“With this innovative solution from Aero Capital, we will further enhance the buying and selling experience for our prospects and customers, and deliver greater transparency around the expenses associated with owning a private aircraft,” said Jetcraft owner and chairman Jahid Fazal-Karim.

While expanding Jetcraft’s services, the partnership also extends Aero Capital’s reach. “Partnering with Jetcraft marks an important step, as we bring a more analytical approach to aircraft ownership at scale,” said Aero Capital CEO Laurent Buisson.