Aircraft
IADA Reports Increased Transactions, Cautious Optimism
Number of transactions closing in the second quarter was the highest since IADA began tracking in 2020
Embraer Phenom 300 being towed into hangar on Tug
Business aircraft dealers are encouraged about the prospects for sales of light aircraft in the second quarter, IADA reported. © Pro Star Aviation

The preowned business aircraft market is on a steady pace, with transactions up 20% year over year (YOY) in the second quarter and sales of late-market aircraft remaining strong, according to the International Aircraft Dealers Association (IADA). The quarterly performance, IADA added, spurs “guarded” optimism for the rest of the year.

During the second quarter, 366 deals closed, the highest number since IADA launched its survey in 2020. Through the first six months, 620 sales were completed, up 14% YOY. IADA called the gain an indicator of a “healthy level activity in a rebalancing marketplace.”