The market for pre-owned business aviation aircraft further stabilized through the end of last year, according to the International Aircraft Dealers Association’s (IADA) 2023 fourth-quarter market report.
IADA reported seeing “a subtle shift toward becoming a buyers’ market, with higher inventory and more reasonable prices.” The group expects a steady start to the new year but noted potential trouble spots, including a backlog carryover related to previous supply chain issues, disruptions because of global unrest, and uncertainties associated with a presidential election year in the U.S. The organization stated that the 2023 stabilization matched its previous predictions for the time period.
