Post published:03/04/2023
Post category:Latest Member News
Reading time:4 mins read

Jetcraft acquires CFS Jets; becomes largest international business aircraft specialist.

London, UK – 3 April 2023: Jetcraft®, the global leader in business aircraft sales, acquisitions and trading, has acquired Corporate Fleet Services (CFS Jets), a prominent business aviation firm specializing in the turboprop, light and midsize jet markets.

Peter Antonenko, President, Jetcraft, says: “For more than 60 years, Jetcraft has been setting the standard in business aircraft transactions, placing a sharp focus on super-midsize, large, and ultra long range jets. With the addition of CFS Jets, our product expertise is the most diverse in the industry, surpassing that of all other brokers and manufacturers, while bringing customers nearly a century of experience, more than 100 dedicated global advisors and the largest number of exclusive jet listings.”

Now “powered by Jetcraft”, CFS Jets is offering its client base greater access to the super-midsize and large jet categories. Both companies are continuing to operate individually, each benefiting from their respective capabilities, including being backed by Jetcraft’s industry leading data to support transactions.

David Monacell, Partner, CFS Jets, adds: “Since 1984, CFS Jets has proven itself as a trusted private jet and turboprop broker. Powered by Jetcraft, we are now giving our customers access to the most robust market intelligence and widest range of aircraft in the industry.”

Antonenko concludes: “This strategic alliance between Jetcraft and CFS Jets represents a significant milestone for both our companies, and our clients, who can now benefit from a combined experience of more than 800 transactions in the last five years alone. Together, we look forward to serving the growing worldwide demand for turboprops and business jets of all sizes.”

Image 1 – Jetcraft and Corporate Fleet Services (CFS Jets)

About Jetcraft
More than brokers, Jetcraft® is a network of global aircraft advisors, offering unmatched international reach and unrivalled local knowledge. The company’s market-leading intelligence, strategic financing solutions, and extensive inventory support even the most intricate of transactions. For over 60 years, Jetcraft has led the way, setting standards that continue to shape the industry. Today, a team of 80+ dedicated aviation specialists across 25+ offices deliver worldwide aircraft sales, acquisitions, and trading at the Speed of Life.

Learn more at: www.jetcraft.com

About CFS Jets With nearly 40 years in the aircraft sales business, CFS Jets is one of the nation’s leading private aircraft sales and acquisition companies.  Headquartered in Cornelius, North Carolina, CFS Jets offers sales, market analysis, consulting, fleet planning, listing valuation, purchase support, and closing facilitation.  Additional information about the comprehensive services including individual aircraft listing specifications can be found at www.cfsjets.com or by calling (704)359-0007

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Paul Cremer

My name is Paul Cremer, and this marks my 42nd year working within the business and general aviation industry. Over this time, I’ve had the privilege of overseeing a diverse array of sector activities, ranging from aircraft charter and management to air ambulance services, ground operations, air traffic control, airport management, technology implementation, and the outsourcing services I currently manage.

In my role focused on delivering advisory, technology, and outsourcing services to aviation customers, I handle a wide spectrum of responsibilities. This includes overseeing International Trip Support, Operations Control Centre Services (OCC), Continuing Airworthiness Management Service (CAMO), Airworthiness Reviews, ARC Services, Aircraft Delivery and Re-delivery Support Services, Maintenance Coordination Services including AOG, Tech Ops (Maintenance Control Centre), and managing myairops software products. As the Head of Aviation Delivery, I lead the customer-facing delivery of Technology & Outsourcing products and services for the market, drawing upon a wealth of knowledge, expertise, and industry connections within Gama Aviation’s Technology and Outsourcing Strategic Business Unit.

My journey into Business and General Aviation began during my teenage years while still in school. I was fortunate enough to be welcomed into the industry, starting at a flying club, and later working at the Air Traffic Services Unit at Blackbushe Airport. There, I maintained the ATC Movement Logs in the Control Tower during weekends, solidifying my passion for aviation. Upon completing my schooling, I seized opportunities at Fairoaks Airport, where I began as Ground Crew while pursuing my Aerodrome Flight Information Service Officer’s license. Advancements in my career led me to the role of Air Traffic Services Manager.

Since joining Gama Aviation in 1996, I’ve held various positions, including Operations Manager (Post Holder), Operations & Commercial Manager, Commercial Manager, Operations Delivery Manager, Head of Business Aviation Delivery, and currently, Head of Aviation Delivery. This role encompasses Gama Aviation Group’s Gama Aviation, myairops, and FlyerTech companies.

In 2023, I was honoured to be invited to serve as the Chair of the Operations Working Group for the British Business & General Aviation Association. This opportunity allows me to contribute to industry initiatives within BBGA’s membership of nearly 200 industry companies, focusing on challenges such as regulatory compliance, Air Services Agreements, technological advancements, workforce development, operational matters, and sustainability.

Marc Bailey

Marc Bailey has spent his entire career in aviation and has worked in most areas of Aviation Services with scheduled airlines, MRO’s, military contract support and latterly with associations, government, and its agencies.

Marc represents your position in Europe (even post Brexit) – as President of ECOGAS (European Council of General Aviation Support) which maintains a voice with EASA. All the major member states are represented on the ECOGAS board. With EASA restructuring its meetings with industry, ECOGAS is now well positioned to represent our position in all areas following industry partnerships with the European Independent Maintenance Group and with ARPAS the new drone and autonomous association.

Marc is chair of the UKASF (United Kingdom Airworthiness Strategic Forum) as part of an initiative to develop Aviation Services across all aviation activities. The UKASF pulls together airlines, MROs, Rotary, Drones, and commercial GA bodies to work with CAA and DfT. The objective is for industry to take the lead to drive strategic issues to benefit all parties. We are well positioned after four years to continue our good work and with the re-established role of Chief Surveyor in the CAA we have a good focal point to do this.

Marc chairs the CAA Finance and Services Forum which allows industry in the UK to discuss in the financial plans for the CAA and the value for money delivered by those funds paid by industry. This is a new and valuable new platform for all parties.

Under recent developments Marc has formed an alliance with, ARPAS, AOPA, BHA and BBGA so that we can strengthen our voice under a joint ‘GA 4 Biz’ banner. This alliance is working to do everything possible to represent the industry’s business interests with UK government and to help realise the Government’s desire to make UK General Aviation a Global Leader in a post Brexit environment. GA4Biz – GA4Biz

The next Generation initiatives with industry and government have continued to develop with the retention platform now evolving into the “Aviation Skills Recruitment Platform”. The platform now not only offers a vehicle for those offering and seeking posts in aviation, it also provides pathways with its TalentView portion seeking to provide pathways for new entrants into our sector. The recruitment platform is being further developed to include training opportunities across a wide range of providers, from government agencies through academic bodies. Getting our next generation activities right in the UK over the next couple of years is our single most important issue which we in aviation must grab with both hands. Marc is playing a central role to help develop many of these channels.

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