IADA market report: first quarter market remained strong for bizjets

The bull market for preowned business aircraft continued in the first quarter of 2022 for members of the International Aircraft Dealers Association (IADA). They closed 288 deals from January through March, compared to 213 transactions in the same period in 2022, a 35 percent increase.

“We live in tumultuous times. Despite that, the aviation field continues to show extraordinary strength. Global demand is very high. Much like the fourth quarter of 2021, that demand is married to constrained inventory levels,” said IADA Executive Director Wayne Starling. УFrom a qualitative point of view, our members sense a softening of those constraints and look forward to greater inventory levels as the year progresses.Ф

During the first quarter of 2022, IADA members entered into 223 acquisition agreements, had been exclusively retained to sell 155 aircraft, had 259 aircraft under contract, and saw only 45 deals fall apart for one reason or another. The 2022 First Quarter†IADA Market Report†is available at Aircraft Exchange.