Aircraft
IADA Website Sales Top $1.6 Billion
The AircratExchange website went live on February 1.
A 2018 Gulfstream G500 currently listed for sale on the International Aircraft Dealers Association's AircraftExchange website. (Photo: IADA)
A 2018 Gulfstream G500 currently listed for sale on the International Aircraft Dealers Association's AircraftExchange website. (Photo: IADA)

An aircraft sales website created by the International Aircraft Dealers Association (IADA) has seen more than $1.6 billion in sales of more than 235 pre-owned aircraft in its first seven months of operation, the group announced. “The sales of previously owned aircraft have actually exceeded our expectations for a startup website and the momentum is building," IADA executive director Wayne Starling said. “That's more than an aircraft a day seven days a week since beginning the site and we are getting spooled up for an even higher volume of aircraft sales going forward.”