IADA Sees Late 2020 Surge in Biz Aircraft Sale Closings | Aviation International News

IADA Sees Late 2020 Surge in Biz Aircraft Sale Closings

More than half of the 1,011 sales transactions closed by IADA members occurred in the fourth quarter of 2020.

By Jerry Siebenmark • Senior Editor

January 11, 2021

International Aircraft Dealers Association (IADA) members closed 554 preowned business aircraft sales in the fourth quarter, accounting for more than half of all transactions between April and December, the organization announced this week. “In total, IADA dealers accounted for 1,011 transactions in the April-December time period, not counting preowned aircraft sales handled by our OEM members,” said IADA executive director Wayne Starling. “Our dealers registered 285 sales in December alone, by far the most active month of the year and double any other Covid-19-impacted month.”

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