IADA Presents John Foster Lifetime Achievement Award
John Foster, OGARAJETS co-founder and a founding member of the National Aircraft Resale Association (NARA),…
IADA: Upcoming Business Aircraft Market in 6 Months Remains Strong
According to a newly published market report from the International Association of Aircraft Dealers (IADA), a Perspective Survey was held to collect data from IADA accredited dealers, certified brokers, and IADA products and services members.
The survey included questions that measure members’ overall perspectives on the future of the used aircraft sales market over the next six months, including topics such as finance, leasing, and commissions.
One of the questions asked respondents about their assessment of the current business aircraft sales market. Data was shown that the second half of 2021 was categorized as the “best ever” market while the first half of the year was categorized as “normal”.
However, IADA accredited dealers mentioned that the market is not creating a positive environment for buying clients. As demand is outweighing supply, not only do buyers have to overpay for an aircraft that is lower in value, they also have no choice but to settle for an aircraft of lower quality.
Values have increased by 10% per month in the past 3 months and are only expected to continue due to the absence of increasing supply in the market.
The appreciation of an aircraft is so high that an aircraft purchased from an OEM less than 3 years ago can be sold in today’s market at a premium compared to what the owner previously paid for.
The Q4 2021 responses predict that the next six months will continue to bring increases in demand for all sectors of the used aircraft sales market including turboprop, light, medium, and large/ultra-long-range jets while inventory deficiencies are projected to drive higher prices, potentially 30-50% higher.
With the ongoing supply and demand imbalance in the business aircraft industry, buyers will be expected to continue overpaying prices of business aircraft.
Related Articles
Preowned Business Jet Market is Rebalancing
The International Aircraft Dealers Association (IADA) said the preowned business jet market is “rebalancing” with…
Mesinger Jet Sales Joins IADA
Mesinger Jet Sales has joined the International Aircraft Dealers Association (IADA). Led by founder and…
IADA Sees Active December Aircraft Resale Market
The International Aircraft Dealers Association (IADA) said it is seeing “very active” business aircraft resale…
The Jet Business Becomes IADA Member
The Jet Business, which operates a corporate aviation showroom in London for the marketing and…
Boeing Business Jets Joins IADA
Boeing Business Jets (BBJ) has joined the International Aircraft Dealers Association (IADA), becoming the latest…
Business Aviation
Market Intelligence
Editor’s Note – Global Sky Quarterly 2022 Q3
There are many ways and methods that you could use to predict the direction that…
Business Aviation
Market Intelligence
IADA Market Report – Third Quarter 2022
IADA is proud to present its Third Quarter Market Report. The IADA Market Report has…
Industry Reports + see more
Asian Sky Quarterly
2023 Q2
Business Aviation Signature Revamps Anchorage FBO Business Aviation Dassault’s Asia Pacific Strategy See all articles
Helicopter Fleet Report
YE 2022
Civil Helicopters Helicopter Spotlight: Airbus H175 See all articles
Global Sky Quarterly
2022 Q4
Business Aviation New, Big Falcons Suit Asia-Pacific Business Aviation Supporting Modern Time Machines See all articles
Business Jet Fleet Report - Asia Pacific
YE 2022
Business Aviation New, Big Falcons Suit Asia-Pacific Business Aviation Sino Jet Tops Fleet Size Rankings in Asia Pacific For The Fourth Year See all articles
Business Jet Fleet Report - Europe
YE 2022
Business Aviation Luxaviation CEO Sees Deficiencies in Seemingly Buoyant Market Business Aviation Supporting Modern Time Machines See all articles
Business Jet Fleet Report - MENA
YE 2022
Business Aviation DC Aviation Al-Futtaim Celebrates Ten Years in the Middle East See all articles
Infrastructure & Training Report Asia-Pacific
2022
Business Aviation HKBAC: Marching towards its 25th Year Business Aviation Sino Jet Attends COP27 and Hopes to Lead the Way Towards Sustainable Aviation Practices See all articles
Business Jets Fleet Report
YE 2021
Business Aviation Market Trends – Business Jet Fleet Report YE 2021 Business Aviation 10 Year Forecast See all articles
Civil Helicopters Fleet Report
YE 2021
Civil Helicopters Leasing Market – Civil Helicopter Fleet Report YE 2021 Civil Helicopters EMS Market – Civil Helicopter Fleet Report YE 2021 See all articles
Global Sky Media Newsletter
Subscribe to our weekly newsletter to stay up-to-date on the latest trends in Global Aviation.
Thanks for your interest in Global Sky Media, to confirm your subscription please click the double opt-in link in the email we just sent to you.
© Global Sky Media – 2023 | All Rights Reserved
