Sales of late model pre-owned aircraft remain strong
July 29, 2024
Year-to-date in 2024, 620 closed deals reported were up 14 per cent in volume compared to the first half of 2023, an indicator of a healthy level of activity in a rebalancing marketplace. IADA members are buoyant.
IADA dealers closed 1,422 pre-owned transactions in 2023 compared to 1,399 in 2022. They expect mid-size and larger jet pricing to fall and inventories to rise over the next six months. Supply chains remain problematic.
The seven new products and services companies for The International Aircraft Dealers Association bring the total number of new verified products and services members to 13 so far this year.