The National Business Aviation Association said the 2020 version of its annual conference and exhibition won’t take place due to the COVID-19 Coronavirus pandemic
Consumers are turning to private jets in record numbers as they seek to avoid exposure to the deadly COVID-19 Coronavirus. However, the largest industry conference has been canceled.
66% of private jet dealers are “very optimistic” about the pre-owned private jet market
Despite many new hurdles to complete sales of pre-owned private jets, the International Aircraft Dealers Association confirmed the message of optimism being recently heard from charter brokers and fractional fleet operators.
IADA members, two-thirds who are “very optimistic,” backed up their green shoots dreams with news that from March 27 through April 30 volume was about 50% of normal. There were 53 transactions.