The International Aircraft Dealers Association (IADA) has released its Q2 2025 Market Report, revealing a stable market and emerging optimistic outlook among its accredited dealers, certified brokers and verified products and services members.

Market perceptions from IADA members were gathered from a global cross-section of IADA-accredited dealers, brokers, and products and service providers and reflected improving confidence across most metrics compared to the first quarter. The results of IADA's member perception survey were compiled prior to the US government reinstating bonus depreciation on purchases of factory-new and preowned aircraft, which could fuel additional market activity in the second half of the year.

IADA dealers reported 136 new acquisition agreements in the second quarter of 2025, on par with the second quarter of 2024. In Q2 2025, exclusive retainer agreements to sell aircraft were flat sequentially from Q1 2025 but down 35 per cent YoY from Q2 2024. For the full year 2024, 1,176 such agreements were signed, up by 39 per cent YoY from 846 in all of 2023.

In the first half of 2025, IADA dealers reported 1,338 dealer leads generated through aircraftexchange.com, the association's exclusive online marketplace, as highly qualified traffic continued to flow through the association's proprietary system. Average monthly aircraft listings on aircraftexchange.com were up 12 per cent YoY in the first six months of 2025, while the volume of closed deals (616 for the first half) was in line with and little changed from the first half of 2024 results.

“We're already seeing a measured and positive shift in market sentiment,” says IADA chair Phil Winters, who also serves as vice president aircraft sales and charter management for Greenwich AeroGroup and Western Aircraft Inc. “Dealers are constantly adjusting and while the second quarter wasn't a blockbuster, many are now gearing up for a stronger second half due to bonus depreciation and waiting to see how tariffs may impact some sales.”

“The global market is constrained by far too much economic uncertainty. Buyers are cautiously waiting for trade policy to settle down and the tax package to pass,” adds Brent Dahlfors, JetTransactions.

“The post-election bizjet market euphoria in the U.S. has subsided since early April 2025. Despite more attractive pricing, tariff-related uncertainty and unpredictability have caused many potential buyers to take a time-out, at least for now,” comments Rollie Vincent, Rolland Vincent Associates.

“Activity appears to be returning to normal levels and buying cycles, however, insurance remains a concern for many potential buyers,” commented Brian Macbean, AOPA Finance.

“Somewhat slower and spotty in April and May, picking back up again for June. There are several distractions in the world, but some are getting comfortable with them. We're seeing a good appetite from most banks to make aircraft loans right now,” concludes Sam Harris, JetLoan Capital.