IADA report: ‘Strongest areas of increase in light and midsize jet’ sales
Yuvan Kumar
26th April 2021, 1:18
Sales of light and midsize jets will show the strongest growth over the next six months, according to a new report from the International Aircraft Dealers Association (IADA).
IADA brokers predicted how the different sizes of pre-owned aircraft would perform on a scale of ‘significant decrease’ (from 0-0.9) to ‘significant increase’ (from 4-5).
Respondents indicate a
“better than normal” market conditions both in the fourth quarter of 2020 and the first quarter of 2021.
The report also showed that IADA Accredited Dealers closed 211 pre-owned aircraft sales transactions in the first quarter of 2021. Another 246 aircraft are expected to close in the next few months.
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