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.
Over 78 per cent of IADA members polled said they expected a stronger second half and more than 65 percent indicated aircraft pricing as a result of the COVID-19 pandemic will drop 10 to 15 percent.
IADA has qualified the first group of individual brokers for certification based on their aircraft transaction acumen. The process recognises high standards of business conduct and transparency.