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IADA reports spike in pre-owned aircraft transactions at year-end
Yves Le Marquand
Following a
“pandemic-induced plunge” in pre-owned aircraft sales in March last year, members of the International Aircraft Dealers Association (IADA) have reported a rise in transactions, highlighted by a fourth quarter surge of 554 closed deals.
IADA began tracking sales metrics in April as a result of the volatile used aircraft sales transactions caused by the impact on the economy from Covid-19.
“In total, IADA dealers accounted for 1,011 transactions in the April-December period, not counting pre-owned aircraft sales handled by our OEM members,” said IADA executive director Wayne Starling.
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