The International Aircraft Dealers Association (IADA) expects hundreds of representatives from the group’s member companies to attend its annual fall meeting in Las Vegas. The event is scheduled for the day before many of the group's members make their way to the NBAA Convention in Vegas, which is set for October 17 to 19.
At NBAA-BACE, IADA will share Booth N5217 with 28 IADA-accredited dealers and 22 IADA-verified products and services members. Meanwhile, seven IADA OEM members and two dealers will showcase their own aircraft static displays. Six dealers will occupy their own indoor exhibits, along with 26 IADA-verified products and services members.
"Our aircraft dealers, who currently dominate the resale industry with an impressive 50 percent market share and annual sales amounting to over $11 billion, are eagerly looking forward to another vibrant NBAA-BACE experience in Las Vegas," said IADA executive director Wayne Starling. “Additionally, we will issue our association's insightful third-quarter market report during the convention.”
The quarterly IADA market report covers its accredited dealers’ perceptions about the marketplace taken from its survey of IADA members and sales data reported monthly by IADA dealers. IATA said its “commanding market presence” makes the report a “prescient” gauge of market trends.