The International Aircraft Dealers Association (IADA) reported a significant rise in optimism in its third quarter 2025 market report, with members crediting renewed U.S. bonus depreciation for stronger performance and improved business confidence.

Executive director Lou Seno says the policy “generated significantly positive effects on business perceptions and operational planning” and that members “project a strong market performance for the fourth quarter of 2025 and over the next six months.”

Market optimism rose to 3.47 from 3.07 in the second quarter, with most respondents citing 100% bonus depreciation as a key driver of improved sentiment across sales, financing and leasing activity. Inventory remained tight, especially for younger, high-demand aircraft, while older models stayed longer on the market under pricing pressure.

Dealers completed transactions in 168 days on average, about 20% faster than the wider industry. The quarter saw 357 closed deals and 171 new acquisition agreements, alongside a 6% year-on-year rise in listings on AircraftExchange.com.

Approximately 70–80% of respondents forecast stable or higher pricing and reduced supply over the next six months, pointing to stronger demand for midsize and large jets.

Mark Bearden of First American Equipment Finance says bonus depreciation and long OEM backlogs are “driving the preowned market up.” John Odegard of 5x5 Trading adds: “With the uncertainty surrounding tariffs calming and bonus depreciation in place, the market has definitely received a boost.”