JetBrokers Europe: Press Release

Press Release: 00015

1 January 2010

Jet Sales Moving Again

London-based JetBrokers Europe (Chairman and MD shown with two US colleagues) reported numbers down at NBAA, but believed the market for used jets is bottoming out now that the global inventory has begun to shrink. In a phrase reminiscent of estate agents in the housing market, MD Tim Barber said, "It's still hard for many owners to accept the actual market devaluation of their aircraft, but when they do, sales can be achieved quickly".

Note for Editors about JetBrokers Europe

JetBrokers Europe is headed by John Merry, the company's Chairman and key investor, based in Switzerland and Tim Barber, Managing Director, based in the UK. They offer a portfolio of pre-owned private jets, business turboprops and helicopters, and are one of a select few brokers with transatlantic coverage, affording clients marketing and sales potential on both sides of the pond.

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