Asian Sky Quarterly 2023 Q1

IADA MARKET REPORT
FIRST QUARTER 2023
It’s my pleasure to present to you the First Quarter 2023 IADA Market
Report. The IADA Market Report has become a valued resource for
anyone interested in the business aviation industry. Our sales data
and global perspectives on the market provide an informed view of
where our industry stands and our projections about the course of our
industry over the next six months.
Our data are both quantitative (based on actual sales and
transactions) and qualitative (based on The Perspective Survey,
conducted quarterly among all IADA members). The value of our data
is crucial due to the leadership and performance of IADA members
in the global marketplace. We are proud to say that IADA Accredited
Dealers and Certified Brokers continue to be the pacesetters in the
business aircraft market, buying and selling more aircraft by dollar
volume than the rest of the world’s dealers combined.
While our headlines are full of dire news about the state of the world’s
economy, IADA Accredited Dealers, Certified Brokers, OEMs, and
Products and Services Members are resilient.
• They show increased optimism about the next six months of the
business aircraft market compared with the fourth quarter of 2022.
• Sales continue to be strong, with data showing closed deals
coming off their recent peak but well above 2021 levels.
• Projections for sales, finance/leasing and insurance sectors
all show a rebound from the data we collected in last quarter’s
Perspective Survey.
IADA plays a pivotal role at the intersection of supply and demand
forces in today’s business aviation marketplace. I trust that you will
find our latest Market Report to be timely, insightful and a must-read
to stay at the leading edge of this exciting industry.
Onward and upward,
WAYNE STARLING
Executive Director, IADA
38 | GLOBAL SKY QUARTERLY — FIRST QUARTER 2023