The IADA 2022 Quarterly Market Report has been published and a great resource for information regarding personal aviation sales. Continue reading below to learn more about what is happening in the aircraft industry.
The bull market for preowned business aircraft continued in the first quarter of 2022 for members of the International Aircraft Dealers Association (IADA). There were 288 closed deals from January through March, compared to 213 transactions in the same period in 2021, a 35 percent increase.
During the first quarter of 2022, IADA members entered into 223 acquisition agreements, had been exclusively retained to sell 155 aircraft, had 259 aircraft under contract, and saw only 45 deals fall apart for one reason or another.