Jetcraft is announcing a new partnership with Aero Capital, offering its clients access to Magellan.
Magellan is a software solution that provides clarity on the true cost of aircraft ownership.
It calculates the total cost of ownership (TCO) across an aircraft’s lifecycle, incorporating acquisition, operational and resale factors.
The partnership brings together Jetcraft’s global reach and advisory expertise with Aero Capital’s advanced data technology – enabling clients to make “better-informed, data-led decisions”.
Jahid Fazal-Karim, owner and chairman of the board at Jetcraft, said: “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.”
Aero Capital CEO Laurent Buisson added: “We’re extremely proud to be sharing our software with Jetcraft’s extensive client base.
“Magellan delivers customised recommendations by evaluating different aircraft types and calculating potential productivity gains.
“It also identifies the breakeven point by benchmarking against current travel spend.
“Partnering with Jetcraft marks an important step as we bring a more analytical approach to aircraft ownership at scale.”