NARA Makes Push for Increased Standardization, Ethics
The association is looking at a multi-pronged campaign to elevate awareness on the need for ethics and to standardize LOIs.
Used business aircraft transaction closings continued to rise in the second quarter of 2021, the International Association of Aircraft Dealers reported. But IADA said that demand for"quality" late-model aircraft is now exceeding supply. (Photo: Chad Trautvetter/AIN)
Used business aircraft transaction closings continued to rise in the second quarter of 2021, the International Association of Aircraft Dealers reported. But IADA said that demand for"quality" late-model aircraft is now exceeding supply. (Photo: Chad Trautvetter/AIN)

The National Aircraft Resale Association (NARA) is launching a campaign to improve the ethical standards for preowned aircraft transactions. It already had developed Code of Standards and Certified Aircraft Brokers programs for members but is moving forward with a multi-pronged effort that is designed to raise further awareness on the need for ethical behavior industry-wide, as well as push for increased standardization.


Loading…