Finance, Taxes, Insurance
IADA Welcomes Rise in Aircraft Deliveries
Aircraft dealers say new deliveries boost the resale market for business aircraft
business aircraft on static display
© Mark Wagner/AIN

The International Aircraft Dealers Association (IADA) has welcomed the increase in 2024 general aviation (GA) aircraft deliveries reported by GAMA on Wednesday. The data showed a 3% increase in airplane shipments to 3,162 units, while billings soared by 14.3% to $26.7 billion.

“The increase in new aircraft deliveries—particularly in the turbine-powered segment—is fueling activity in the preowned business aircraft market, where IADA dealers played a significant role in 2024,” said IADA chair Phil Winters, who is also v-p of aircraft sales and charter management for Greenwich AeroGroup and Western Aircraft. “Most buyers of new aircraft also have an aircraft to sell, which drives healthy turnover in the marketplace.”