Flightplan, Express Jets Form Partnership

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Key Takeaways:

  • Flightplan (UK) and Express Jets (US) have partnered, allowing Flightplan access to the North American used-aircraft market and expanding Express Jets' representation across four continents.
  • The partnership aims to capitalize on the surge in UK interest for US-based aircraft, driven by a favorable exchange rate (US dollar at $2.05 to the British pound) and growth in private air travel.
  • The strong exchange rate offers a significant financial advantage for British buyers, effectively allowing them to purchase US aircraft at up to a 50% discount.
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Flightplan, the Farnborough-based aircraft sales and charter company, last week said it had entered a partnership with Express Jets of San Antonio, Texas. According to the company, the move will provide Flightplan with access to the resources and used-aircraft inventory of the North American market while Express Jets’ recent move into Europe will now give them representation across four continents. Flightplan is an aircraft sales and charter company based at the Farnborough Airport near London. Express Jets is an aircraft sales, acquisition and management company with corporate offices in Texas and subsidiary offices in China, Mexico and England.

“With the U.S. dollar at a record $2.05 against the British pound, interest from purchasers in the U.K. is reaching new levels,” according to David Lacy, Managing Director of Flightplan. “Our partnership with Express Jets provides us with a reliable and credible source of high quality stock.” Lacy, who has been in the industry for 26 years, said the time has never been better to buy an aircraft from the U.S. The exchange rate, coupled with record growth in private air travel in the U.K., has sparked an unprecedented upsurge in sales inquiries. According to the company, a “savvy” British-based purchaser can effectively buy the same aircraft as a U.S.-based resident but at a 50% discount, when considering currencies.

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