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.
Aircraft pricing is expected to show slight decreases and supply for sale is predicted to be slightly increased across all categories. Demand projections are stable to slightly decreased for mid and larger size jets.
As an aircraft market researcher for Axiom Aviation, Alec Reese will be responsible for managing the firm's aircraft research efforts as well as providing sales support. He will work from the company's Cleveland base.
