Wheels Up adds whole aircraft sales unit

Wheels Up appoints Bergeson COO

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.

Used Private Jet brokers positive as sales hold to 50% of pre-COVID-19 levels

Pre-owned private jet cost

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.

Used private jet market strong despite Coronavirus, say brokers

Private Jets compared

Association of private jet brokers IADA reports 54 used aircraft transactions so far in March despite the Covid-19 Coronavirus crisis

Members of the International Aircraft Dealers Association (IADA) said members completed 54 transactions between for the month as of March 20th. Additionally, there are over 120 aircraft, under contract, subject to closing.

The news comes as the Covid-19 Coronavirus pandemic is playing havoc on the world stock markets with demand for travel in general plummeting.

%d bloggers like this: