Global Jet Capital announced the launch of an aircraft sales division. The announcement comes as new research reveals that 11.5% of the world’s fleet of mid-sized to heavy business aircraft are currently available for sale, a total of 1,500 aircraft.

The company recognized that with this large number of pre-owned aircraft on the market, buyers have a wide range of options and can afford to be increasingly demanding. Global Jet Capital believes that the combination of its experience and the caliber of aircraft it is bringing to the market, along with including maintenance and training support with the purchase of an aircraft, will have unrivalled appeal to prospective owners.

The aircraft available through Global Jet Capital’s aircraft sales division are those for which it has previously provided financing, and therefore the company has detailed knowledge of the aircraft’s ownership and maintenance history along with technology and refurbishment requirements.

The company also partnered with JSSI to provide a six-month comprehensive unscheduled maintenance package with worldwide technical support, and with FlightSafety to provide initial pilot and maintenance training programs.

“With a relatively large number of large business aircraft on the pre-owned market, anybody wanting to sell an aircraft has to present the best possible package to prospective buyers,” said Dave Labrozzi, chief operating officer of Global Jet Capital. “Our new aircraft sales division does just that, and we are confident that what we can offer is unmatched by anyone in the industry. Our aim is to become the first port of call for anyone looking for a pre-owned business aircraft.”

Global Jet Capital is a provider of finance for large-cabin, long-range private jets.