The International Aircraft Dealers Association (IADA) released its second quarter 2025 market report, revealing a stable market and emerging optimistic outlook among accredited dealers, certified brokers and verified products and services members.
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% YoY from Q2 2024. For the full year 2024, 1,176 such agreements were signed, up by 39% 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 were up 12% 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 Phil Winters, IADA chair, who also serves as vice president aircraft sales & charter management for Greenwich AeroGroup & 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.”
“Surprisingly, among all of the tariff and equity market volatility over the past quarter, demand has remained healthy. Inventory continues a slow and steady increase, but buyers and sellers are meeting each other’s expectations on pricing. Therefore, the ‘months of supply’ inventory remains healthy in the turboprop and light jet markets,” Winter adds.
