Only 6.5% of 554 Q4 transactions had a price reduction compared to 26% of 174 Q2 deals
Following a plunge in preowned aircraft sales last March, members of the International Aircraft Dealers Association (IADA) saw a rising wave of used private jet transactions, highlighted by a fourth-quarter surge of 554 closed deals.
A report from the International Aircraft Dealers Association shows pre-owned private jet sales are enjoying a strong rebound
During a VBACE press conference last week, the International Aircraft Dealers Association (IADA) revealed a couple of bright spots coming out of the COVID-19 pandemic.
With 103 closed sales, July saw more pre-owned private jet sales than April and May combined
The rebound or private jet travel is now being mirrored by a rebound in used aircraft sales. According to the International Aircraft Dealers Association (IADA), its members closed 103 deals in July. That compares to 74 transactions in June, 47 in May, and 53 in April.
Wheels Up Aircraft Sales enables the private aviation provider to offer one-stop shopping
Jet sharing, empty legs, on-demand charter, fixed-rate jet cards, aircraft management, MRO services, and now full aircraft sales brokering are under the Wheels Up brand
With a powerful digital presence and brand recognition only matched by market leader NetJets, Wheels Up is once again showing it intends to be a driving force in private aviation.
This morning’s announcement of Wheels Up Aircraft Sales puts the company into aircraft brokerage, acquisition, trade, and advisory services.