The International Aircraft Dealers Association (IADA) predicts that used turbine business aircraft prices and demand will continue to rise, solidifying the market position that has been building through 2021.
Dealer Association Predicts Rising BizJet Prices, Demand
Key Takeaways:
- The market for used turbine business aircraft is experiencing rapidly rising prices and demand, a trend solidified by a 20-30% price increase and increased sales activity.
- This surge is driven by historically low aircraft inventory, backlogs in new aircraft orders from OEMs, and a significant influx of first-time buyers (up to 40% of purchases) who do not trade in existing aircraft.
- The International Aircraft Dealers Association (IADA) predicts that these trends of increasing prices and demand will continue across all market segments for at least the next six months.
Key takeaways sponsored by Aviator Pro | Start Your Training ->
See a mistake? Contact us.
