IADA Reports Strong Third-Quarter Aircraft Sales

Aircraft dealers have completed 929 deals so far this year, according to the International Aircraft Dealers Association (IADA).

Michael Wildes

Tuesday, October 18, 2022 at 02:09 PM ET

Verified

The business jet resale market is robust and the six-month demand for business jets strong, IADA said in its 2022 third-quarter report. [Courtesy: Pilatus]

Key Takeaways:

The business jet resale market is robust with strong demand, as year-to-date transactions are up, despite a slight decrease in Q3 2022 sales compared to the previous year.
Buyers remain undeterred by rising interest rates, with stable demand projected for the next six months across various jet types, coinciding with a marginal increase in aircraft inventory.
A strong fourth quarter is expected, driven primarily by the impending phase-out of the U.S. 100% bonus depreciation, airline cutbacks encouraging new buyers, and ample cash availability.

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The business jet resale market is robust and the six-month demand for business jets strong, according to the International Aircraft Dealers Association (IADA), which released its 2022 third-quarter market report Tuesday.

IADA’s dealers make up the top 12 percent of the world’s experts, who handle 46 percent of used business aircraft sales. The group’s accredited dealers buy and sell more aircraft by dollar volume than the rest of the world’s dealers combined. Each year, IADA dealers average more than 1,100 transactions and $10 billion in volume.