Essex and VanAllen will operate as one team. Lee Rohde, the founder and CEO of Essex Aviation, will join VanAllen's leadership team as the new executive vice president, bringing his decades of expertise.

IADA dealers closed 1,422 pre-owned transactions in 2023 compared to 1,399 in 2022. They expect mid-size and larger jet pricing to fall and inventories to rise over the next six months. Supply chains remain problematic.

The seven new products and services companies for The International Aircraft Dealers Association bring the total number of new verified products and services members to 13 so far this year.