The Q1 Market Report Is In: New Data on the Private Jet Market

● A timely, insightful executive summary from Wayne Starling, Executive Director of IADA.

● Market insights from IADA members.

● IADA member survey results with comparisons to the prior four quarters.

● Dealer activity contextualized by the prior four quarters.

● A summary of market conditions.

● Concluding thoughts that inspire decision-making for those in the market for a used private jet for sale.

Whether you’re planning to acquire a large private jet for sale, a mid-size jet, or a small jet, the IADA Market Report provides invaluable information, so you can advance your business with a private aircraft when you’re ready to buy.

Keep reading to learn the most pertinent information from the 2024 Q1 IADA Market Report, just released at AircraftExchange.com.

The 3 Biggest Takeaways from the Q1 IADA Market Report

If you’re on the go and not able to spend time with the full report, AircraftExchange.com regularly provides short summaries and analyses at our knowledge hub once the market report is released. Here are the three biggest takeaways from this quarter’s report:

1. The six-month outlook for used private jets for sale is strong, despite political and

economic factors.

2. Buyers and sellers find themselves at an equilibrium for transactions.

3. The market is rebalancing after the surge in sales in 2021 and 2022.

IADA and AircraftExchange.com look forward to what the rest of 2024 has to offer for buyers. These three points alone will likely encourage many prospective buyers in the market for a jet plane for sale to take steps toward an acquisition.

Blue Skies Ahead: 6-Month Projections for the Private Jet Market

In Wayne Starling’s Executive Summary, he describes IADA as “cautiously optimistic” about the next six-month period for the private jet industry. Although reverberations of political unrest in Europe and the Middle East, as well as the 2024 election in the U.S., can be felt by the market, Mr. Starling points out that “buyer and sellers are driving the market on nearly equal footing.”

A balanced market suggests that prices aren’t overinflated, and buyers are building relationships with dealers and making acquisitions. This contradicts the “conventional wisdom” that major acquisitions go into hibernation while buyers await more stable conditions.

What does this mean for your business? If you’re in the market for a small jet, mid-size jet, or large private jet for sale, you will find IADA Accredited Dealers who are eager to work with you to close a deal that will help your business thrive.

Insights from IADA Member Survey Results and Activity Market survey results from IADA members, along with an analysis of market activity over the past five quarters also point to a positive trend for the remaining quarters in 2024. Here are just a few of the statistics from this section of the IADA Market Report that will likely intrigue buyers, dealers, and the industry as a whole:

● Pricing stability has increased across all jet sizes.

● Supply and demand projections remain stable or are approaching stability among all jet sizes.

● IADA members have seen an uptick from Q4 of 2023 in terms of market quality.

● The six-month projection from survey participants shows an uptick from the last two quarters (Q3 and Q4 of 2023).

● IADA Accredited Dealers report significant increases in new acquisitions and exclusive retainers.

Based on these market conditions, it may be time to take action on a jet plane for sale at AircraftExchange.com, your exclusive resource for private jet inventory from IADA Accredited Dealers. IADA Accredited Dealers are bound to a code of ethics that ensures fair selling practices in the global jet industry, so you can count on them to broker a transaction that satisfies your requirements.

Good Timing: Conditions Are Favorable to Purchase a Private Jet Considering the six-month outlook, member survey results analyzed across the past five quarters, and market activity, this may be an optimal time for your business to acquire a used private jet for sale.

Recall that if you’ve been considering a small jet, mid-size jet, or large private jet for sale as an asset that will benefit your business goals, this market is only growing, as businesses become more dependent on private air travel.

The sooner you begin your pursuit of a private aircraft that fits your needs, the sooner you’ll be able to take advantage of what a business jet has to offer. You’ll be able to enjoy the comfort, flight flexibility, luxury, and easy collaboration that your plane affords, not to mention avoiding the many downsides of commercial flying altogether.

Visit AircraftExchange.com to search current jet planes for sale from IADA Accredited Dealers.