Jetcraft's Fazal-Karim Says 60% of Sales Are in North America

The video discusses the lifespan and resale value of aircraft, highlighting that they can be flown for 20 years. It explains the depreciation of aircraft, similar to cars, and notes that most sales are in North America, with growing interest in China. The video also covers the costs associated with owning an aircraft, including fixed and variable expenses.

What is the typical lifespan of an aircraft before it is resold?

• 30 years

• 20 years

• 10 years

• 5 years

How much depreciation can be expected in the first three years of owning a new aircraft?

• 5-10%

• 20-25%

• 30-35%

• 10-15%

Which region is currently showing significant growth in the aircraft market?

• Asia

• South America

• Africa

• Europe

What is the average transaction cost for purchasing an aircraft?

• $40 million

• $30 million

• $20 million

• $10 million

What is the estimated hourly cost to operate an aircraft?

• $6,000 - $9,000

• $1,000 - $2,000

• $2,000 - $3,000

• $3,000 - $6,000