UK-based global private aircraft brokerage Jetcraft is expanding its network with the opening of an office in Singapore. The new outpost will support market growth in Southeast Asia and will be led by Tim Yue, who is currently operating out of Hong Kong and has more than a decade of experience in the industry.
Jetcraft has had a presence in the Asia-Pacific region since it opened its Hong Kong office in 2012, followed by a second location in Australia. The company plans to recruit a local team in Singapore as well as relocate some current employees.
“Asia remains a crucial market for Jetcraft, so expanding our footprint into Singapore is a logical step, providing further proof of our long-term commitment to servicing our global client base and unrivaled market access,” said David Dixon, the company’s president for Asia, adding that the “significant number of first-time buyers entering the market” is demonstrating the real value of the industry worldwide. “Singapore has seen significant growth in business aviation and the multiple maintenance facilities at Seletar Aerospace Park, paired with the region’s role in the financial service sector, make it an optimum location.”
