Used Aircraft Market To Cool Slightly in 2023
The expiration of 100 percent bonus depreciation will be one of the drivers of lower sales next year, the International Aircraft Dealers Association said.
Bombardier Global 6000 in flight
A Bombardier Global 6000 offered for sale by Jetcraft in London, an International Aircraft Dealers Association member. (Photo: International Aircraft Dealers Association)

Ahead of the International Aircraft Dealers Association’s (IADA) fourth-quarter market report next month, the organization said early projections are for its dealers to have completed more than 1,320 business aircraft transactions totaling more than $8.8 billion this year. That would be down slightly from the 1,372 transactions IADA counted in 2021.

Still, the market is expected to cool a bit going into 2023. “The signals that we’re seeing from the broker-dealers in our group and our service providers are that the markets are beginning to normalize, and buyers are starting to become more rational,” said Zipporah Marmor, IADA chairman and v-p of aircraft transactions at ACASS. “The frenzy of the last 12 to 24 months has calmed down quite a bit and we see this as healthy for our industry.”