IADA comments on impact of higher airplane deliveries

The International Aircraft Dealers Association (IADA) congratulates the General Aviation Manufacturers Association (GAMA) member companies on the rising airplane billings and shipments in 2022. IADA’s comments followed GAMA’s Stat of the Industry press conference on Wednesday.

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“Higher deliveries and the substantial backlog by GAMA member companies will contribute to further normalizing the business aircraft resale marketplace, which is good news for aircraft buyers and sellers and our industry in general,” IADA Vice Chair Phil Winters said.

Winters and IADA Executive Director Wayne Starling, representing the resale association, have both commented on the increase in deliveries.

“Continued increasing deliveries of tturbine-poweredbusiness aircraft demonstrate that the aircraft industry is continuing to successfully address supply chain issues which will bolster the depleted inventory of aircraft available for resale,” Starling said.

IADA members recorded 1,399 business aircraft transactions in 2022, another record year. The available inventory for pre-owned aircraft for sale has remained low. GAMA companies reported the delivery of 1,294 new turbine-powered airplanes in 2022 and with a substantial backlog anticipate increasing production.