Business aircraft brokerage Aero Ventures today launched a digital platform that it says will redefine how business jets are valued, bought, and sold.
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Business aircraft brokerage Aero Ventures today launched a digital platform that it says will redefine how business jets are valued, bought, and sold. According to the Miami-based company, the Aero Ventures Marketplace is a “Zillow-like” platform that offers artificial intelligence (AI)-powered instant business jet valuations, verified aircraft histories, off-market listings, capital-backed financing options, and real-world ownership cost simulations.
“The platform brings long-overdue modernization to an industry historically dominated by opaque processes, manual dealmaking, and legacy brokers, replacing them with transparency, speed, and deep advisory intelligence,” Aero Ventures said. However, company managing partner Sergey Petrossov told AIN that while the marketplace serves as its client-facing front end that enables users to browse available aircraft, human aircraft brokers will still be involved in the buying and selling processes.
Petrossov, who founded Jetsmarter and was the chief growth and digital officer of Vista Global and president of XO, said Aero Ventures focuses on transactions above $10M. He added that the platform is free for existing aircraft owners and qualified aircraft buyers, the latter of which he described as those who fly privately 50 or more hours annually.
Founded by Bill Papariella, Aero Ventures has conducted more than $4 billion in business jet transactions over the past 15 years. With the AI platform, Petrossov said the goal is at least $1 billion in preowned jet transactions annually, which would give the company about an 8% market share.
According to Petrossov, today’s launch is version 1.0 and will be followed by year-end with version 2, which will include a personalized AI chatbot.
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Aero Ventures Launches Zillow-like Platform for Used jets
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Business aircraft brokerage Aero Ventures today launched a digital platform that it says will redefine how business jets are valued, bought, and sold. According to the Miami-based company, the Aero Ventures Marketplace is a “Zillow-like” platform that offers artificial intelligence (AI)-powered instant business jet valuations, verified aircraft histories, off-market listings, capital-backed financing options, and real-world ownership cost simulations.
“The platform brings long-overdue modernization to an industry historically dominated by opaque processes, manual dealmaking, and legacy brokers, replacing them with transparency, speed, and deep advisory intelligence,” Aero Ventures said. However, company managing partner Sergey Petrossov told AIN that while the marketplace serves as its client-facing front end that enables users to browse available aircraft, human aircraft brokers will still be involved in the buying and selling processes.
Petrossov, who founded Jetsmarter and was the chief growth and digital officer of Vista Global and president of XO, said Aero Ventures focuses on transactions above $10M. He added that the platform is free for existing aircraft owners and qualified aircraft buyers.
Founded by Bill Papariella, Aero Ventures has conducted more than $4 billion in business jet transactions over the past 15 years. With the AI platform, Petrossov said the goal is at least $1 billion in preowned jet transactions annually, which would give the company about an 8% market share.