Aircraft
IADA Reports Used Aircraft Sales Edged Higher in 2022
The International Aircraft Dealers Association sees the used aircraft sales market moderating in 2023.
Partial image of business jets
The resale volume of used aircraft for 2022 was $9.3 billion for an average of about $8 million per transaction, the International Aircraft Dealers Association reported. (Photo: Mark Wagner/AIN)

Preowned aircraft transactions edged slightly higher than a year ago but the market looks to be normalizing going into 2023, according to the International Aircraft Dealers Association (IADA). IADA members reported 1,399 used aircraft sales transactions last year versus 1,370 in 2021, marking a 2 percent increase.

Resale volume for the year was $9.3 billion—an average of about $8 million per transaction. As IADA expected, December was the busiest month of 2022 with 259 resales reported, doubling the year’s monthly performance average and surpassing December 2021’s 255 transactions.