Press Release

Issued by International Aircraft Dealers Association (IADA).

September 14, 2020

The International Aircraft Dealers Association (IADA) is now accepting applications to join 64 IADA verified products and services members of the organisation. Products and services members are companies whose primary focus is supporting aircraft transactions.

"IADA's aviation product and service providers have all been thoroughly vetted to assure the absolute highest ethical standards and experience," said IADA executive director Wayne Starling. To be considered for a products and services membership in IADA, applicants should apply online at the IADA website.

As part of the application process, candidates should ask three IADA members for their support as a sponsor. Products and products and services members are experts in a number of areas critical to aircraft transactions, including the following categories:

- Analytics

- Management and charter

- Manuals

- Valuations

- Education and training

- Escrow services

- Financing and leasing

- Flight planning

- Fractional aircraft programmes

- Fuel

- Hourly cost maintenance programmes

- Industry publications

- Insurance

- Legal, tax and title

- Maintenance and overhaul services

- Maintenance tracking

- Operations and management consulting

- Owner trust services

- Custom brokerage

John Prock, director of aircraft asset management for Banc of America's Leasing's Corporate Aircraft Finance Group, is chairman of IADA's products and services member advisory council.

As a global organisation, IADA influences and shapes the aircraft transaction industry. It is the acknowledged leader in developing standards for efficient, effective and ethical business aircraft transactions, valued by highly skilled aircraft transaction professionals and viewed by them as crucial to their success.

Working for business aircraft owners globally, IADA provides a facility for professional standards, ethics and exchange of information among its members and to the public for the purpose of creating a more efficient market, facilitating transactions and providing transparency into the transaction process, thereby increasing business aircraft ownership and usage worldwide.

IADA is a professional trade association formed more than 25 years ago, promoting the growth and public understanding of the aircraft resale industry. IADA now offers the world's only accreditation programme for dealer organisations and the only certification program for individual brokers. Products and services members are verified by the organisation. The process delivers high standards of ethical business and transparency regarding aircraft transactions, leading to a more efficient and reliable marketplace.