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The International Aircraft Dealers Association (IADA) has grown by three new pre-owned aircraft dealers and boosted its ranks of certified brokers by 50.
New dealer members of IADA approved at a recent meeting are JetHQ, with headquarters in Kansas City, Missouri; Levaero Aviation, located in Mississauga, Ontario; and Omni Aircraft Sales, in Tulsa, Oklahoma. JetHQ is headed by chairman Ted Farid. Robert Arnone leads Levaero as president and CEO while CEO Dan Burnstein is Omni's senior executive.
“The entire IADA organisation is pleased to welcome these aviation transaction professionals to the leading worldwide organisation of its kind, emphasising transparency and integrity in the deals we are responsible for,” comments IADA executive director Wayne Starling. “These three dealers bring our ranks to 42 accredited dealers and five manufacturers of new aircraft who also handle pre-owned aircraft sales.”
In addition, IADA accepted 50 additional certified brokers into the international organisation. Represented at the meeting were more than 60 additional companies that are verified providers of products and services to the pre-owned aircraft transaction industry. They brought the total companies in attendance at the fall meeting to more than 100.
“Together these more than 100 companies represent the finest experts in the pre-owned aircraft marketplace,” explains Starling. “As an organisation, IADA is establishing itself as a powerhouse in this market space.”
IADA's dealer organisations and individual brokers do business in more than 100 countries. They utilise aircraftexchange.com, an online marketplace listing only aircraft offered exclusively for sale or lease by IADA members.
IADA members participate in a programme of ongoing education to remain current on best practices and new developments in acquiring and selling business aircraft, as well as abiding by a strict code of ethics, integrity and transparency. IADA represents a variety of IADA verified product and aviation services that also operate with the highest professional standards in the industry.
IADA is a professional trade association formed more than 25 years ago, promoting the growth and public understanding of the aircraft resale industry. IADA now offers the world's only accreditation program for dealer organisations and the only certification program for individual brokers. The process delivers high standards of ethical business and transparency regarding aircraft transactions, leading to a more efficient and reliable marketplace.
“We are pleased to be recognised by this prestigious organisation. We've worked with many of IADA's members and look forward to expanding our relationships with others,” says JetHQ founder and managing director Garett Jerde. “Our vision and values are in line with the IADA's high standards, as we believe trust and transparency is critical in building long-lasting relationships.”
Companies are only eligible for IADA membership after a five years of business with documented sales experience and transactions. They also must be sponsored by three current IADA accredited dealers. A third-party accreditation firm verifies the process and application. IADA dealers must be re-accredited every three years.